After Hurricane Katrina, it became quite common for Congress to enact tax legislation that provides tax relief for victims of natural disasters. The Internal Revenue Code's (IRC)...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/19/2021
Before leaving the United States, all foreigners (except those listed below) must obtain a "Certificate of Compliance" from the United States Internal Revenue Service. This...
According to the Christian faith, Jesus responded to a question when asked if it was right to pay taxes by saying, "Give to Caesar what belongs to Caesar, and God what belongs...
What is a Subsidy?A subsidy is a benefit granted to a person, a company, or an institution, generally by the government. This is usually a cash payment or a tax exemption. The subsidy...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/30/2020
Tax time is on the rise, and if you collect information on health costs, you may wonder whether hospitals pay taxes and how health taxes differ from industry taxes. The answer is a...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
As you probably know, most of your income is taxable. If you earn a salary, an hourly wage, tips, commissions, renting a property you entrust or dividends and interest on your investments,...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
Failing to plan will likely cause you to fail and just like in everything else in life, the same thing applies to taxes. Be sure to plan and watch out for these 8 tax planning mistakes...
Posted by J.R.'S TAX SERVICE on 01/22/2019
The relationship between the community and theme parks are usually pretty smooth because of both benefits from one another. The parks hire a lot of people to work for them and their...
Posted by Advantage Tax Service on 09/24/2018
Anaheim ends tax breaks for Disneyland Resort? Is it right decision? Anaheim City Council has voted to end the agreements which provide Disneyland Resort the tax breaks to invest in...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 09/14/2018