Vanda 
A local tax is a tax imposed by a local government, such as a city, county, or school district. The tax may be imposed on property, income, sales, or some other base. Local taxes are used to finance local government services such as police and fire protection, schools, and parks. What is included in state … Read more
The At-Risk Rules are a set of IRS regulations that define the circumstances under which a taxpayer is considered to be at risk for purposes of claiming a deduction for losses incurred in a business venture. The rules are designed to prevent taxpayers from claiming deductions for losses that are not actually at risk of … Read more
The concept of transfer rights refers to a case of transfer of a business premises made by the lessee of the same to a third party, who is subrogated in the obligations and rights arising from the previous lease contract. This transfer involves the replacement of one tenant by another. The right of transfer maintains … Read more
