by Aotaxteam | May 29, 2015 | Tax Planning
Do you Know That you Can Claim Casualty and Theft Losses On your Personal Tax Return? Claim Casualty and Theft Losses ,Many people are not aware, and thankfully so, that in some instances the IRS will give a tax deduction for casualty, theft, and disaster...
by Aotaxteam | May 29, 2015 | Tax Planning
Are You Planning To Incorporate a Business! Why Not an S-Corporation? When you are planning to start a company, one of the key considerations you will have to make is what type of business entity to form. There are so many options: Corporation LLC Partnership LP LLP,...
by Aotaxteam | May 29, 2015 | Tax Planning
Are You Aware That IRS Penalties Can Be Reduced? Each year the IRS assesses millions of penalties against taxpayers. Most taxpayers are unaware that post-assessment the IRS also abates many of those same penalties. During fiscal year 2013 the IRS assessed 37 million...
by Aotaxteam | May 29, 2015 | Investment & Income
What about Gifts from Foreigners in your Tax Returns? December is a time when we think of gifts, both giving and receiving them. If you are a U.S. person who received foreign gifts of money or other property, you may need to report these gifts on Form 3520, Annual...
by Aotaxteam | May 29, 2015 | News and Social
Choosing a Better Business Structure Of all the choices, you make when starting a business one of the most important is the type of legal organization you select for your company. This decision can affect how much you pay in taxes, the amount of paperwork your...
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