International Tax Services

International Tax Services – www.abataxaccounting.com

More U.S. companies view global markets as a necessity to survive and to grow, more U.S. companies own foreign subsidiaries to conduct foreign operations. Whether you are multinational with subsidiaries all over the globe or a closely-held business, you will have to file IRS Form 5471 for every foreign corporation that you own. If you have any questions about preparing any prior years or for the 2012 filing season, please contact us:

ABA Tax Accounting

Amare Berhie, Senior International Tax Advisor

Abatax81@gmail.com

Direct 612-282-3200

Toll free 866-936-0430

www.abataxaccounting.com

Tax Tips and Changes - $1 Billion Awaits People Who Haven’t Filed 2008

Tax Preparation Services – www.abataxaccounting.com

Tax Tips and Changes - $1 Billion Awaits People Who Haven’t Filed 2008 Taxes

Tax refunds amounting to over $1 billion are awaiting an estimated 1 million people who still have not filed a federal income tax return for 2008. If you have any questions about preparing any prior years or for the 2012 filing season, please contact us:

ABA Tax Accounting

Abatax81@gmail.com

Direct 612-282-3200

Toll free 866-936-0430

www.abataxaccounting.com

Supreme Court: Filing a false tax return can lead to deportation

Supreme Court: Filing a false tax return can lead to deportation

Tax Tips and Changes - Foreign source income.

Tax Preparation Services – www.abataxaccounting.com

Tax Tips and Changes - Foreign source income. If you are a U.S. citizen with income from sources outside the United States (foreign income), you must report all such income on your tax return unless it is exempt by U.S. law. This is true whether you reside inside or outside the United States and whether or not you receive a Form W-2 or Form 1099 from the foreign payer. This applies to earned income (such as wages and tips) as well as unearned income (such as interest, dividends, capital gains, pensions, rents and royalties). If you reside outside the United States, you may be able to exclude part or all of your foreign source earned income. If you have any questions about preparing for the 2012 filing season, please contact us:

ABA Tax Accounting

Abatax81@gmail.com

Direct 612-282-3200

Toll free 866-936-0430

www.abataxaccounting.com

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100% U.S. based low cost outsource solutions for CPA firms & other businesses.

100% U.S. based low cost outsource solutions for CPA firms & other businesses.

Top 10 Most Outrageous Tax Deductions

Top 10 Most Outrageous Tax Deductions