Whether you are a first-time filer or a seasoned veteran, there are tips that can help lower the amount you owe in taxes or increase your refund. See how many you can implement now to keep more of your money in your pocket. Get organized: Don’t wait to deal with your taxes every April. Start … Read More “Do you want to reduce your taxes for next year?” »
Category: About tax
The success of any business is determined by how well their accounts are managed. Some use accountants while some rely on their skills. But we humans are not always 100% accurate and are prone to do errors. So, in order to reduce these errors, businessmen are shifting towards soft-wares like QuickBooks. QuickBooks is not just … Read More “Getting started with QuickBooks Enhanced Payroll in Brief” »
What’s the first think you will think of when you file your 2019 taxes? If you are like me, it’s REFUND. It doesn’t matter if it is a small refund or a large check you are expecting, it’s always a nice uplift to your savings or checking account at the beginning of the year. You … Read More “Will you be responsible with your tax refund?” »
Why choose Delaware Statutory Trust for your 1031 Exchange? Delaware Statutory Trust, or DST, is a separate legal entity formulated around Delaware Statutory Law. DST Investments work as replacement property for real estate investors looking to defer their capital gains taxes using a 1031 exchange tax deferral strategy. It is also an excellent option for … Read More “Are DSTs Right For Your 1031 Exchange” »
January 1 means more than the start of a new year. It’s also a countdown until the end of the month when employers are mandated to send out tax forms so employees can file for their returns. That windfall of money offers a nice influx of cash that goes toward paying down debt (30 percent) … Read More “Tax Return Makeovers By Kenya Woodard” »
Government all over the world are considering the regulatory frameworks for cryptocurrencies as we speak. Naturally, those who have already implemented it have provided a crypto tax legislation alongside it, but it seems like none of these tactics are working. The government is responsible for imposing regulation on any financial service so that it doesn’t … Read More “Why have all crypto tax attempts failed?” »
As a business, you have a lot of things you have to worry about, from day to day operations to marketing to selling your product to making sure your employees are happy. Whether your corporation is large or small, having help with this process can be beneficial; and working with a tax accountant in Mississauga … Read More “Are You a Corporation? Know Why Consulting a Tax Accountant Is Vital” »
Share capital or share premium for your Dutch company? You have incorporated and registered a Dutch business and wish to fund it with equity. Should you capitalize the company with share capital or share premium? In this article both options will be discussed. Definitions Share capital and share premium (in Dutch: agio) are both considered … Read More “Share capital or share premium for your Dutch company?” »
Highlights: • What is a 1031 exchange? • Who is a 1031 sponsor? • DST & role of a DST sponsor • Difference between DST sponsors and real estate sponsors You must have come across the word 1031 sponsor while reading about 1031 exchanges. In real estate business, a sponsor can be a person or … Read More “Everything investors should know about 1031 sponsors” »
Taxes are one of the major sources of revenue to the government. In fact, not a single government has its own money. In order to fund security, education, health, and infrastructural projects, the UK government depends on a number of sources, including individual income taxes, social insurance taxes, corporate income taxes, estate, excise, and gift … Read More “Why is the income tax so high in UK?” »