Tax season can be a daunting time for business owners. Still, with a solid understanding of business accounting, you can navigate the complexities of taxation more efficiently and...
Posted by Rosovich & Associates, Inc. on 10/10/2023
The constructive receipt is a tax concept based on which it is assumed that a taxpayer has received income, even though the income has not yet been physically received, which must...
An enrolled agent is someone who has earned the privilege of representing taxpayers before the IRS by passing a comprehensive IRS test covering personal and corporate income tax returns...
Posted by Karen Munoz, EA on 05/30/2021
What a great time of year it is, the weather is starting to warm up, we have March Madness, and most important(lol) the end of the tax season. Tax season doesn’t have to be a...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
Even though tax comprises a lot of things that come as benefits such as healthcare or education, there is a common belief that Canadians pay more taxes than their American counterparts....
Posted by The Accounting and Tax on 06/22/2019
While migrating to a different country, one of the very first thoughts that come to your mind is the infrastructure and provisions for healthcare in the place that you might call your...
Posted by The Accounting and Tax on 06/22/2019
If you are U.S green cardholder or citizen and wish to move to Canada, you need to do some planning before you make the move to Canada.Tax planning is absolutely different than tax...
Posted by The Accounting and Tax on 06/25/2018
The Timeline for US Expats to File Income TaxJust as any other citizen of USA, expats living and working in a foreign country are subjected to income tax laws. While there are some...
Posted by The Accounting and Tax on 06/25/2018
11.3 Explanation & Interpretation of Article XI under U.S. Law 11.3.1 U.S Domestic Taxation of Interest Paid to Canadian Residents11.3.1[a] Definition of InterestInterest...
Posted by The Accounting and Tax on 06/25/2018