Federal & State Income Tax NJ 221 River St, suite 745A Hoboken, NJ 07030 732-284-4955 www.mclancpa.com Mon - Fri 7am - 7pm cash, all credit cards, check Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time. With more and more United States citizens earning money from foreign sources, the IRS reminds people that they must report all such income on their tax return, unless it is exempt under federal law. U.S. citizens are taxed on their worldwide income. Contrary to popular belief, there’s nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although many states provide tax credits to prevent double taxation, those credits are sometimes unavailable. McLan Accounting Services LLC's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss. Accounting Services, Accountant, Tax Preparation Service, Trust and Estate Tax Return, Russian CPA, H&R Block, h&r block emerald card, Personal & Business Income Tax, Federal & State Income Tax, Tax Preparation and Filing, Forensic Accounting, Payroll Tax, IRS Tax Audit, quickbooks accountant, tax preparation near me, accountant near me, Hoboken, NJ. https://goo.gl/maps/8NXf7NabQvT2 https://www.facebook.com/pg/Federal-State-Income-Tax-NJ-572681213214088/about/ https://twitter.com/FederalState11
