Tax Tips – May 2018
In this edition of tax tips, we have included a number of updates that may affect you including: eligibility of paying family members a salary, proposed changes to corporate passive investment income, what is considered reasonable automobile allowances, reporting subcontractors for constructions activities and risks for U.S. citizens that are not tax compliant.
Feel free to call our office to discuss further if you have questions regarding these updates or other tax concerns.