“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 […]
Taxes
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. […]
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 […]
What Kinds of UK Business Taxes should You be Aware of? An Important Guide
You've got a business and as a responsible business owner you understand that you have a duty to government and country to pay your share of taxes. It's been like that forever, and will continue to be so. But what kinds of taxes should you be contributing, and how can […]
Learn How to Maximize Your Tax Savings by Investing Under Section 80D
Your friend’s father just had his knee replacement surgery and your friend has burnt a hole in his pocket paying the hospital bills. The bills have a natural tendency to make anyone or rather everyone worried. The sky rocketing medical bills seem to be increasing exponentially with time. The Income […]
Does Corporation Tax Planning Apply to You?
Most of us would like to pay less tax, allowing us to invest more in our businesses, and making our figures better. With corporate tax planning, companies can check that the tax that they are paying is correct. The Government offer a number of incentives to help businesses and this […]
Tax Saving Tips for Entrepreneurs
Tax saving is very simple provided you plan it properly and much ahead of a financial year. You can save tax by reducing your taxable income. And you can reduce your taxable income by claiming various deductions offered under the Indian Income Tax Act, 1961. Amount of tax deduction varies […]
New Tax Forms in 2015
2015 is a new year and there are a few new tax forms to go along with it, as well as a new line on Form 1040, thanks to the Affordable Care Act. Form 1095-A, the Health Insurance Marketplace Statement, and Form 8962, the Premium Tax Credit (PTC) form, are […]
Necessary Tips for Taxpayers According to New Budget Cut
We should prepare for difficult year, and it will be tough for taxpayers and the Internal Revenue Service as well. The financial assistance that is given by the federal agency is now proposed for fewer taxpayers, because there are fewer employees who are specialized in such a help. That is […]
Tax Advice for Small Businesses
As a small business owner, you don't always have access to the tax advice that bigger companies get. I've decided to put together a basic information pack for the small time business owner and employer, to give you a window into the savings you could be making. Good luck! Running […]
IRS and You: The Most Common Red Flags that Make You Their Target
Those dreaded auditors at the IRS have you in their sights. Unlikely? In reality…yes. It is unlikely. But just because you're paranoid doesn't mean that they're not out to get you. Although barely one percent of Americans get audited each year, there are certain red flags that the IRS agents […]
Tax Evasion Is A Serious Problem, Contact A Tax Firm Immediately
Canadians can face a difficult time fighting tax problems for non-compliance, which has become a pressing concern. Tax evasion isn’t the average crime. It attracts hefty fines and penalties should a citizen impose a violation. If you're facing threats from the Canada Revenue Agency for failing to file an adequate tax […]