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Posted inTaxes

What is the tax treatment of rental income from a foreign property?

What is the tax treatment of rental income from a foreign property? So, you’ve decided to invest in a foreign property and earn rental income. That’s great! But before you…
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Posted inTaxes

Can I deduct fees paid to a tax preparer on my tax return?

Can I deduct fees paid to a tax preparer on my tax return? Tax season can be a stressful time for many individuals and businesses alike. With complex tax laws…
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Posted inTaxes

How are gains from the sale of business equipment or vehicles taxed?

How are gains from the sale of business equipment or vehicles taxed? So, you’ve decided to sell some of your business equipment or vehicles, but now you’re wondering how the…
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Posted inTaxes

What is the tax impact of receiving an inheritance from a foreign relative?

What is the tax impact of receiving an inheritance from a foreign relative? Receiving an inheritance from a foreign relative can be an exciting and potentially life-changing event. However, it’s…
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