Filing Taxes As Head Of Household: Requirements And Restrictions
17 January 2017
Most people know that they can file their taxes as a single person or as a married couple. But there's also an entirely different class of filing: "head of household." A head of household is an individual who has dependents who aren't their spouse. This type of filing conveys very similar benefits to filing as a married individual, including substantial tax breaks -- but it has to be understood to be used.
Deducting The Foreign Tax Associated With Dividend Income From A Foreign Company
20 December 2016
Many individuals diversify their portfolio holdings by investing in companies based in other nations. U.S. tax filers who receive dividend income due to their stock ownership in foreign companies may be eligible to take a tax deduction for taxes paid to a foreign government.
You may directly own shares in a foreign company, or you might have ownership in a mutual fund that has investments abroad. Either way, it is likely that your dividend income received from a foreign company is slightly reduced by taxes paid to the home country of the business.
What Types Of Reporting Should You Bring To Employee Reviews?
1 November 2016
Rather than being a chance for you to talk with employees about issues, a great employee review should be a two-sided discussion that allows both parties to gain insights and share their feedback. Using management reporting in employee reviews is one way to foster dialogue during these sessions. Here are some pointers on how to incorporate reports into your reviews.
Why Bring Reports?
There are a few key benefits of bringing reported data into your reviews.
The Reasons Your Small Business Requires Skilled Accounting To Become Successful
30 September 2016
Starting a business can be a huge task, especially when it's your first business. Making the right choices is extremely important for your small business to experience the growth it needs to become larger and more successful. One of the most important aspects of your small business is maintaining accurate accounting records. Check out the benefits of professional small business accounting and how you can take steps to ensure your business never runs out of money.