Tax Tips for Home-Based Business Owner
If you are having home business, it is quite natural that the topic of tax deduction comes up. We all are aware of this fact that tax deduction is not possible if you are an employee. But the most important
All You Need to Know About Expat Taxes
An expatriate (often referred to as expat) is a person temporarily or permanently residing in a country other than their native country. The term refers to professionals, skilled workers or artists residing outside their home country, either independently or sent
Online tax filing – A smart way to file your taxes!
Tax filing is a legitimate method of calculating your tax liability, scheduling your tax payments among other aspects. For every working citizen in a country, it’s mandatory to file taxes and pay them on time. And, as most other services
5 Tax Tips When Filing Income Tax
Filing income tax returns before the deadline and in an accurate manner will help taxpayers avoid any penalties or problems in the future with the Income Tax department. It’s a fairly simple process but the taxpayers must be careful, wise
Cross border tax consultant – Best friend for multinational companies!
To start a multinational company is surely a huge and daring dream but of course not impossible. Some systematic techniques need to be adopted in this case. Firstly, one must remember that developing a multinational company is not similar to
Hire a good consultant before compromising your relaxation to save tax!
Paying tax is a duty for every upstanding citizen. Paying unnecessary tax is not. Often, paying those unnecessary taxes may ruin your plans of going on a vacation, or having a fun trip with family and friends. Sometimes, it’s important
Rich or Poor You Still Need to Pay Your Taxes
If someone comes up to you and tells that they have hired an accountant for doing their taxes, you might look at them in a whole new light. They must be particularly wealthy, right? Their tax situation must be complicated.
A good tax accountant permits you to file your taxes easier!
Filing of income tax is a nightmare for many. In most cases, people want to file their income tax smoothly without hassle but are unable to do so. In that case, having a good tax accountant is of utmost importance.
Calculating Foreign Tax Credit in Canada
Calculation of foreign tax credit in Canada depends upon source of foreign income. Foreign tax credits are available for business income taxes and non-business income taxes. Taxpayer needs to categorize the income based on where and how the income was
Top 2 Tax Liabilities for Canadian Snowbirds
In the tax season, Canadian snowbirds who spend considerable time in USA have to be careful about their tax liabilities. There are numerous regulations regarding the tax that they have to pay. It is always a good idea to be