For most people, owning a home is like moving a step up the American-dream ladder. It is indeed wise of you to buy a home instead of continuing to pay hefty rent. Your home is an excellent investment in the long run because it helps you not only build up an equity but also garner […]
5 Small Business Tax Deductions to Consider
It’s tax season and as uncanny as it may sound, hundreds of small businesses happen to overpay their taxes. The major reason behind this phenomenon is that the business owners miss out on numerous legitimate deductions. John Gregory, tax practitioner and founder of 1040Return.com, shares 5 tax deductions for small business to […]
Invisible Money 3
Invisible Money 3 Iddhis Bing Any system that treats a Cayman Island subsidiary as a separate entity is just asking to be destroyed. Professor Calvin Johnson, University of Texas Law School Try Imagining A Place Where It’s Always Safe And Warm Glaxo Smith Kline, according to their accountant, is […]
Financial Services Industry
Introduction Income tax provisions and Schedule M-1(1) of Form 1120 (Corporation Income Tax Return) bridge the financial accounting world and the Internal Revenue Code. The benefit of understanding an income tax provision and an M-1 is that a preparer can bridge the gap between these two worlds. This will in turn allow the preparer to […]
Fixing the Assessment Roll – Revised – May 1, 2008
Fixing the Assessment Roll: Revised The recent Ground Report article on fixing the assessment roll in Dobbs Ferry got a lot of attention and comment. Paul Feiner took up the offer to form a task force to look into the issue and report its finding and recommendations to the Town of Greenburgh. Some of […]