Tax

Anonymous Member
Anonymous
(officer)
I paid income tax last april 2015 amounted to Php 50,000.00 apparently there is an adjustment which cause to filing amendment,. Income tax payable should be 48,500.00 and not 50,000...
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John Olson
Title: Associate
Company: Radius
(Associate at Radius)
By Lee Curthoys, Corporate Tax Lead, Radius Earlier this month, UK Chancellor George Osborne announced his Summer Budget to Parliament. The Budget made news in the...
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Dan Caserza
(Consultant)
When accruing bonuses, sales commissions, vacations and other forms of employee compensation, is it customary to accrue at the same time the related employer payroll taxes...
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Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  We hear a lot about the sharing economy - making money by sharing something you are not fully using, such as a room in your home, or your entire home or vacation home. Sounds...
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John Olson
Title: Associate
Company: Radius
(Associate at Radius)
By Nina Kingsley, VAT Manager The best-laid plans for the sale of goods abroad often go awry, stuck at the border and impeded by a mess of customs paperwork and confusion. In theory,...
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HOWARD SCHWEDEL
(Executive & Business Coach, Career Trans.. at Howard B. Schwedel, MBA / Schwedel Busin..)
My client is retired and gets Railroad Retirement and a small pension from my father who passed away in 2003.  She has an Irrevocable Trust which holds her savings in an...
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Jane Levin
(Corporate Controller at Private)
What is the difference between IRC 409a and FASB ASC 718? And for a U.S. c-corp do I need to worry about ASC 718?
Anonymous Member
Anonymous
(Accountant/Financial Analyst)
Per US IRS FATCA (Foreign Account Tax Compliance Act) applicable entities were registered and got it's GIIN numbers assigned. Under UK Agreement in addition registered on Cayman...
Anonymous Member
Anonymous
(Human Resources Assistant)
My company is currently looking to switch payroll service providers. We are currently with ADP and are looking to switch to either Paycor or Paycom. Does anyone have any experience...
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Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  IRS Flowchart on whether you qualify for the PTC - from Pub 974. Also see IRC Section 36B. As we all know by now, the US Supreme Court upheld the government...
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L. Teller
(Professional accountant at NA-)
Are the short/long term and life insurance premiums paid by employer taxable to employee? Also, what benefits are included in a group term life insurance? What is a cafeteria plan?
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Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  I was surprised by the broad press coverage that a California Labor Commission ruling involving one ex-Uber driver (Berwick) received this past week (USA Today, 6/19/15; Los...
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Alexey Poverinov
(CEO at Alexey)
Hello, I started my own company last year and I was told to set up my LLC as a Sub S where I can pay myself a reasonable salary and the rest would be considered as dividends or just...
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Alexey Poverinov
(CEO at Alexey)
Hello, I'm thinking of moving outside of the US to live with my family. My LLC is currently set up in the US and I have the following questions: 1. Can I set up my company in Hong...
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Josie Co
(Controller at DataStax)
Someone came to ask me and I thought I raise it out here.  This is HR related.Is it legal for a prospective employer to request for a copy of the W-2 from a candidate that the...
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Christie Jahn
(CFO at Atlantic Wireless Communications)
In Jan 2014, as a result of Obama Care; employer paid health benefits will be taxable as a fringe benefit. I'm looking at it from the perspective of increased tax brackets possibly...
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Joan Varrone
(CFO at Cloud Cruiser)
I know that electronically delivered software is in most cases exempt from sales tax ( there is a exception in the state of Washington if there is an employee in that state)....
Anonymous Member
Anonymous
(VP, Finance)
We are hiring a summer intern to work for us this summer. Would it be problematic to pay him a stipend as an independent contractor or do we have to put him on the payroll? Thanks./p...
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Paul Cunningham
(VP of Finance & CFO)
An LLC member that put cash into the company originally as debt is now going to convert the debt to member units. I need to prepare a white paper in the event the IRS shows up to prove...
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Bryan Frey
(VP Finance/Corp Controller)
The EDD just hit me with an Employment Tax Audit. In my 15+ years of being a CFO at 5 companies I've never had one of these. What should I expect? How should my team and I prepare...