Do you have a business that uses foreign vendors to provide personal services?

Many US businesses use foreign companies or individuals to provide website development, SEO, customer service, accounting, IT support and many other services. US businesses need to know that foreign individuals or entities are subject to U. S. tax at 30% on income they receive from U. S. sources when personal services are provided.  Personal services […]

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Top 10 Tax Deductions You May Not Be Taking

Charitable Donations – Did you know you can deduct your cost of transportation to a charitable event or fundraiser? Home Office Deductions – if your self employed you can deduct expenses that employees cannot such as rent and utilities for your home office. This can also include magazines and member  organization fees in your selected business field. […]

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