Tax Archive

Taxes for Working Abroad

US resident aliens and citizens who work in abroad are sometimes unaware of the fact they need to still report their income to the Internal Revenue Service, even if they don’t owe any tax.

In many cases, there will be little if any taxes owed in the US. That’s because the US tax laws provide [...]

Michigan’s Proposed Sales Tax on Services: A Whole New Reporting Headache [An accountant going to meet with clients about the proposed tax.]
As part of her effort to balance the state’s budget, Michigan Governor Jennifer Granholm has proposed a new 2% sales and use tax on services. This tax would be collected in the same manner [...]