by Sharon Winsmith | Feb 20, 2021 | International Tax
There are a number of information reporting requirements for individuals and businesses with cross-border operations. Provided below is an overview of some of the key international information reporting forms. Additional forms may be needed that are not provided below...
by Sharon Winsmith | Feb 19, 2021 | Passive Investments , Wealth Building
The tax laws were written to incentivize 2 primary goals: (1) creation of jobs and (2) investment of capital in a way that will benefit the U.S. economy. The vast majority of tax deductions and credits are structured in an attempt to accomplish these 2 goals. As a...
by Sharon Winsmith | Oct 28, 2020 | Business Owners
Business owners are entitled to a deduction if they use their home office for business purposes. Any types of homes may be eligible for the deduction, including single-family houses, apartments, and condos. The deduction does not require you to own the home and is...
by Sharon Winsmith | Oct 9, 2020 | Business Owners, Passive Investments , Tax Structuring
If you own any assets or have any savings, it is important that you make sure you are protected against future claims or lawsuits regardless of whether you own your own business. There are a number of situations in everyday life that could give rise to potential...
by Sharon Winsmith | Sep 10, 2020 | Business Owners, International Tax, Real Estate, Tax Structuring
One of the most important decisions a business owner will make is how to structure their business operations. Many business owners fail to recognize that the single largest expense for their business is taxes. It is critical that you work with a tax advisor to develop...
