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Whether business owners rely on an Excel spreadsheet, an app, an online system, or something else to keep receipts organized, good record-keeping is the key to recalling all the transactions made during the tax year. If the IRS and Revenue Canada request more information, these paper trails are vital for streamlining the tax process.

As a C anadian-based US tax accountant who works with ex-pats on both sides of the border, Mark Schiffer and his team at US Tax Professionals have published a blog that cautions taxpayers of 5 deductions that no longer exist.

As a Vancouver-based accountant who specializes in cross-border taxation, Mark Schiffer is aware that many parents face unique challenges when it comes to saving for their children's education. For parents wondering about the best, most tax-effective way to save money, tax reform legislation in 2017 means that it's possible to take advantage of 529 Plans to save for K-12 education as well as college or vocational school.

It's said two things are certain in life—taxes and death. But while nothing can be done about the latter, US tax accountant, Mark Schiffer, has published five easy ways for the self-employed to lower their tax bills.

As an tax accountant who specializes in cross-border taxation, Mark Schiffer recently published an article discussing FinCEN's (Financial Crimes Enforcement Network) decision to implement an inflation-adjusted increase in penalty amounts.