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Author: admin

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Posts by admin

how is income of NR taxed?

Posted on August 14, 2012 (October 29, 2012)

Resident and nonresident aliens are taxed in different ways. Resident aliens are generally taxed in the same way as U.S. citizens. Nonresident aliens are taxed based on the source of their income and whether or not their income is effectively connected with a U.S. trade or business. Resident Aliens Resident aliens are generally taxed in […]

Read More… from how is income of NR taxed?

Posted in Nonresidents

What’re Deductible Business Expenses?

Posted on July 14, 2012 (December 21, 2012)

Every small business owner wants to know how to legally minimize his or her tax obligations. You know that the tax code allows you to deduct costs of doing business from your gross income. You are taxed on your net business profit. How to maximize your deductible business expense to lower your taxable profit then? […]

Read More… from What’re Deductible Business Expenses?

Posted in Small Business Taxes

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