Income Tax Preparation Checklist: 10 Ways to Make Getting Your Refund Easier

Income Tax Preparation Checklist: 10 Ways to Make Getting Your Refund Easier

Being organized throughout the year can help ensure a successful tax return experience. Having a structured system will make it easier for your preparer and ensure that you reap all your tax benefits. Using this checklist will help you have your information ready for a smooth experience and have your […]

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When Negligence Becomes a Crime: Tax Evasion and Fraud

When Negligence Becomes a Crime: Tax Evasion and Fraud

Most Americans are aware that cheating on their taxes is a crime, and yet many of them – 17 percent of all taxpayers, according to the IRS – are not complying with tax laws, in some form or another. Together, those who are hiding money and assets or falsify documents […]

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6 Ways to Prepare for Tax Obligation

6 Ways to Prepare for Tax Obligation

What do they say about tax? Well, Benjamin Franklin once said, “The only things certain in life are death and taxes.” Annually, tax payment has been a personal and business obligation among employees, employers and business owners. So, people need to be aware of the deadline for tax payment and […]

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Guide to Online Submission of UK VAT Returns and Payments

Guide to Online Submission of UK VAT Returns and Payments

Submission of VAT returns on time is an important aspect of any business to maintain a good reputation and avoid any hassle or any fine levied by the Government on the same business in case the business is considered as a VAT defaulter by the Government. Businesses having an authentic […]

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Leaving Tax Money on the Table

Leaving Tax Money on the Table

If you enjoy the occasional poker game like I do, you would not think about leaving your money on the table when you leave the game. In my tax preparation experience, I have noticed that many people do this every year. Your tax software will assist you to ensure that you […]

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8 Tips to Protect You from Identity Theft and Related Tax Fraud

8 Tips to Protect You from Identity Theft and Related Tax Fraud

“Hey!!! I pay taxes because that is my obligation towards my state. But… What to do of fraudulent? How to protect myself? Somebody, help!!!” If the chatter is to be trusted, identity theft tops this year’s list of taxpayer concerns. And it is not all in your head: a 2015 […]

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Important UK VAT Registration Guidelines for Joint Ventures and Groups

Important UK VAT Registration Guidelines for Joint Ventures and Groups

VAT registration is done for a "person" and not for the business. This "person" can either be considered an entity (organization) or any legal person or an individual. A legal person’s a distinct body or an entity that exists separately from the legal/natural persons comprising that particular body or entity. […]

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7 Key FAQs of the Current EU VAT Decree

7 Key FAQs of the Current EU VAT Decree

The decree of EU (European Union) VAT has undergone a minor change from 1st January, 2015. This has specially affected the digital servicing sales between a seller and a consumer. Let’s go through some important FAQs related to the current decree of EU VAT. What are the business criteria required […]

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