Earned Interest Tax Credit – How Can You Benefit From It?

Earned-interest-tax-credit   The earned income tax credit is good news for all of you who have a low-to-moderate financial condition. The IRS allows an earned income tax credit to all those taxpayers whose incomes come under this bracket. The stats have been quite good, with an average of $2,445 being paid to all taxpayers with low-to-moderate incomes. The best part [...]

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New Budget and its impact on you!

Government's New Budget Bursting with Tax Changes In February, the president announced his $3.6 trillion budget for the 2010 fiscal year for the federal government. Now, he [...]

SBA Expands Eligibility for Small Business Loans

May 18, 2009 –More small businesses will be eligible for U.S. Small Business Administration-backed loans, meaning greater access to much-needed capital in this tough [...]

S Corp vs LLC – Which form of entity is the right one for me?

We are often asked the question by new entrepreneurs and small business owners as to which is better for them to incorporate – S Corporation or a Limited Liability Company [...]

Launch of Indian Tax services

May 10th 2009 - GVA is pleased to launch Indian Tax Preparation & Filing services. Services include computation of tax liability under all 5 sources of income, deduction [...]

U.S. and Switzerland Begin Negotiations for Tax Information Exchange

April 22, 2009 – The U.S. Department of the Treasury has announced that the United States and Switzerland will begin negotiation of a protocol to amend their bilateral [...]

Prepared Remarks of Doug Shulman, Commissioner of Internal Revenue, Before the National Press Club

April 13, 2009 Thank you for that warm introduction and welcome. It’s a great honor to be delivering this speech before such a distinguished audience, including [...]

IRS Offers Reminders as Tax Filing Deadline Nears

  IR-2009-40, April 10, 2009 WASHINGTON — The Internal Revenue Service offers last minute reminders to taxpayers who have not yet filed a tax return, paid what they [...]