Taxes

sale of business tax
Taxes

Tips about reducing tax on a business sale

If you are selling your business, be ready to receive a heavy tax bill. The truth is any careless mistakes can cost you heavily. Before you know it, you end up paying around half the money you receive for the sale as taxes and professional services fees. It takes a […]

Taxes

The IRS Tax Season: Why You Need a Consultant

Living in the technology era, various software programs are available, to enable you to prepare your own tax returns. However, we advise you to hire the services of a tax professional for the betterment of your business. Tax professional or tax consultants are trained person of law field. An entrepreneur […]

Taxes

6 Ways to Prepare for Tax Obligation

What do they say about tax? Well, Benjamin Franklin once said, β€œThe 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 […]

Taxes

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 […]

Taxes

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 […]