Federal tax laws treat REITs primarily as pass-through entities; similarly, to, but to a lesser extent, the way federal tax laws treat partnerships, where the majority of the increments in wealth associated with REITs are passed-through to the beneficial owners and taxed presumably at the more favorable tax rates of the individual beneficial owners of the REIT.
This blog discusses important Texas taxes that business owners should keep an eye out for.
On October 21, 2022, the Department of Homeland Security (DHS) designated TPS for Ethiopia due to the current situation. The status will last 18 months from when the federal register notice is shared. DHS recognizes the ongoing armed conflict and the extraordinary and temporary conditions engulfing Ethiopia.
The United States provides Temporary Protected Status (TPS) to certain foreign nationals who are in the United States and unable to return to their home country. Read this blog to find out which individuals are TPS eligible.
In this episode of Legal Thoughts, the attorney discusses the topic: ” THE IRS COLLECTION PROCESS AND TAXPAYERS’ OPTIONS”. If you enjoy this podcast, make sure to stay tuned for more episodes from the taxation, litigation, and immigration Law Firm of Coleman Jackson, P.C. Be sure to subscribe, leave a comment, and rate our Legal Thoughts podcast on Apple Podcasts, Spotify, and Google Podcast. Visit the taxation, litigation, and immigration law firm of Coleman Jackson, P.C. online at www.cjacksonlaw.com
Interested in the EB-3 visa? Read this blog now to learn how to apply!
Taxpayers who own their own business need to be aware of IRS requirements to deducting business expenses. Read this blog now!
Listen to this podcast to learn all about the new Inflation Reduction Act and what it means for taxpayers!
