Month: August 2015
When to Hire a Bookkeeper or Accountant
Entrepreneurs thrive on a DIY mentality: Do everything you can yourself and don't pay for anything new until you have absolutely have to. It's especially [...]
Black money fight: India, Seychelles sign information exchange pact
NEW DELHI: In its fight against black money, India today signed an information exchange agreement with Seychelles on tax matters, along with pacts to deepen [...]
I.R.S. Cracks Down on Hedge Fund Tax Strategy
Hedge funds that used a strategy to claim billions of dollars in tax savings will face new scrutiny from the government, according to guidance issued by the [...]
Tax Treatment and Planning Strategies for Nonresident Individuals
Alien individuals that have U.S.-source income can be taxed as residents of the United States if they meet certain requirements. Otherwise, they [...]
When You Haven’t Filed Tax Returns in a Few Years
Sometimes, when a person has not filed a tax return in a while, the IRS will prepare a tax return based on the information they have available. This is called [...]
Determine If You Are Subject to the Individual Shared Responsibility Provision
The Affordable Care Act includes the individual shared responsibility provision that requires you, your spouse, and your dependents to have qualifying health [...]
Moving Expense Deduction
If you move your home you may be able to deduct the cost of the move on your federal tax return next year. This may apply if you move to start a new job or to [...]