Employment Matters: The Difference Between Contractors and Employees

When there’s extra work that needs to get done and there are no sufficient employees to do the job, companies usually hire more workers to keep up with the customer…

Applying for a U.S. Visa? Follow These Easy-to-Follow Steps

Whether you are coming to the U.S. for tourism, pleasure or medical treatment, you have to get hold of a US Visitor Visa. You need to present this non-immigrant visa…

W2 Tax Fraud

The IRS has advised the tax payers & tax services professionals  about a new fraud involving a phishing email that ask the victims about the W2 data like Social Security…

Tax Terms You Should Understand

We do not want you to look at the jargons associated with filling of tax returns and think how ever are you going to understand all of the important and…

The tax liabilities for business ventures in the USA

The tax liabilities for business ventures in the USA

Business ventures can thrive in the land of promise (USA) reasonably well provided they do not default on their obligation of tax towards the federal government. Business that employes people…

4 Ways That The US Budget Deal Might Affect You

4 Ways That The US Budget Deal Might Affect You

There is a new budget deal working in Congress that will have large effects on taxes and government spending if it is passed. Congressional leaders Representative Paul Ryan (Republican –…

The IRS Is Getting Ready to Audit More Partnerships

The IRS Is Getting Ready to Audit More Partnerships

If you have a partnership including a LLC or S corporation, your chances of being selected for auditing is increasing. The Internal Revenue Service is getting ready to audit more…

2014 Tax Brackets

2014 Tax Brackets

Are you ready to plan your 2014 Tax ? In that case, you might want to start with the 2014 tax brackets.   2014 Tax Brackets (for taxes due April…

$27M Whistle-Blower Award Is Taxed as Ordinary Income

$27M Whistle-Blower Award Is Taxed as Ordinary Income

Whistle Blower Award is an incentive for private citizens to uncover and report fraud to government.   Usually one can get 15 to 25 percent of the money the government recovers…

New Financial Help Coming From Feds

New Financial Help Coming From Feds

 Although Federal Reserve has been thinking about introducing of some new stimulus to help deal with the financial pressure it is still debating whether to implement it. The reason for…