Forming a New US Business and foreign to the US please read the following! An often overlooked reporting responsibility is...
It is clear that losses from Cryptocurrency transactions can be offset against other capital gains incurred during a tax year. Losses in excess of those gains are limited to $3,000 and the balance must be carried forward to future years. In the wake of the Crypto crash and downturn in the stock market this is…
Do not think of research and development in the classic sense of people in white coats tinkering with test tubes and beakers. Nowadays, in our technology driven world, think of research and development as improving products, developing better internal processes and techniques, software development and of course new products or inventions. Why is this important?…
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