How To Know If You Owe Gift Tax
Are you a generous person? If you’re someone who loves the act of gift giving, you may have heard of the gift tax. The federal gift tax applies to those who have […]
tax
Do You Know The Difference Between An Employee And An Independent Contractor?
It can get a little tricky sometimes in determining whether someone you consistently hire to perform services for your business is an employee or an independent contractor; not to mention keeping track […]
Everything You Need To Know About Foreign Investors
Typically, a foreign investor, in the eyes of the IRS, includes both nonresident aliens and foreign corporations looking to promote capital formation, employment, and productivity in an environment that is both economically […]
2016 Tax Season is Almost Here!
Happy New Year! Paragon Accountants would like to announce that the 2016 tax season is almost here. The IRS will begin accepting both paper and electronic returns on Tuesday, January 19th. […]
Make the Most of Your Business Vehicle
Do you use a vehicle to assist in running your business or are you thinking about doing so? There are many facts to consider when it comes to maximizing your tax credit. […]
Use Tax: What Is It and What Do You Need to Know?
The Board of Equalization has begun auditing California businesses on use tax. If you haven’t received a letter requesting you to complete, file, and provide supporting purchasing documentation for all business expenses- […]