Contributions and donations given to a charity are tax deductible expenses. One of the perks to donate to a qualified charitable organization is that you not only get to help your...
As a small business owner, many are familiar with the challenges of bookkeeping. Recording all the appropriate expenses, making sure to capture all the income and reconciling each...
Posted by MVW Services on 01/13/2016
When starting a new business, there are multiple details that require your attention. From inventory to employees, you need to be in several places at once. The administrative aspects...
Posted by MVW Services on 01/13/2016
If you’re working as an employee of the company you’re contracted to, then your tax situation is pretty much straight forward. In fact, you may not have a lot of tax questions...
Posted by BHATIA & CO, INC, CPAs on 01/13/2016
Tax deductions are popularly known to diminish your taxable earnings. Lesser earnings mean that you incur a small tax bill. But, the main confusion here, for many taxpayers is...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
Many Bronx taxpayers have concerns about the taxes they pay and wonder if there is a way for them to save on taxes. You will be surprised to know that the best answer to this question...
All Santa Clara taxpayer will try to do his/her best to ensure that the taxes paid are minimal. In order to do so, you may have to do a lot of tax planning and preparation. Your tax...
Posted by BHATIA & CO, INC, CPAs on 01/06/2016
A general rule for tax planning for dividend repatriation includes cross-crediting, minimizing foreign withholding taxes and considering alternative methods of repatriating earnings. Cross-Crediting If...
Posted by The Accounting and Tax on 01/06/2016