Due to a complexity ofl laws and regulations, federal taxation may not be an easy topic for several people. At HaitechWorld, the ability to understand the basic fundamentals and forms of taxation as well as the underlying policy considerations that drive the imposition of income and other taxes is a plus for our Tax Consultants.
At HaitechWorld our Tax Consultants are committed in accomplishing the following objectives:
- Helping individual, sole proprietor, partnership and corporation preparing their annual income tax returns by carefully measuring income derived from all types of business activities
- Helping taxpayers to legally reduce their tax refund or their balance due through deductions, credits and other ways to cut their tax bill
- Following-up with the IRS on unresolved tax issues as well as the tax ramifications of income earned and losses incurred
FYI the Sixteen Amendment ratified on February 25, 1913 gave Congress the power to directly or indirectly tax all income. Futhermore, the Revenue Act of 1913 (effective March 1, 1913) imposed a tax on the net income of individuals an corporations. This act is the basis for income tax laws in the US.
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