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March 1, 2020March 31, 2020Uncategorized

XU CPA LLC

2014 Tax Extender Bill Signed by Obama By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com December 19, 2014 Overview Congress has been for several years now, passing a […]

June 20, 2017Uncategorized

2017 Mid Year Tax Review

by Mark Xu CPA XU CPA LLC Greenville, SC www.mygreenvillecpa.com   June 20, 2017   Overview  According to industry pundits, as of right now, the odds for the proposed tax […]

June 9, 2017Uncategorized

 Impact of the Affordable Care Act on Businesses

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com In the previous article “Tax Aspects of the Affordable Care Act”, I have discussed how the Affordable Care Act impact […]

June 9, 2017June 20, 2017Uncategorized

The Basics of the Affordable Care Act

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com What is the Affordable Care Act? The Patient Protection and Affordable Care Act (PPACA), is a statue signed into law by […]

June 9, 2017Uncategorized

What Small Businesses Need to Know about Financial Statements 

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com Although the term financial statements is oftentimes associated with large corporations and Wall Street, but small businesses also will run […]

June 9, 2017Uncategorized

South Carolina Active Business & Trade Income

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com What is South Carolina Form I-335? South Carolina Active Business and Trade Income is not very well understood by many […]

June 9, 2017June 20, 2017Uncategorized

Mortgage Interest Deduction 

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com The federal tax code permits taxpayers who itemize to claim a deduction for the mortgage interest they pay on their […]

June 9, 2017June 20, 2017Uncategorized

LLC and Federal Tax Classification

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com A limited liability company (LLC), in the plainest language, is a hybrid entity sharing elements of a regular corporation (for […]

June 9, 2017Uncategorized

H1b Worker and Income Tax Status

By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com To many young people in foreign countries, the U.S. is highly desired after as a place for higher education, prosperity […]

June 9, 2017Uncategorized

Reporting of Foreign Bank Account, Financial Assets and Gift by U.S. Persons

  By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com It is not uncommon for many U.S persons (citizens, permanent residents, and certain resident aliens) to have interest in […]

May 9, 2017June 21, 2017Uncategorized

Tax Aspects of the Affordable Care Act – Individuals and Families

  By Yigang Xu, CPA XU CPA, LLC Greenville, SC www.mygreenvillecpa.com In the previous article “Basics of the Affordable Care Act”, I have discussed a few of the very basic […]

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