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Tax Articles and Ezines

Tax

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Showing 151 to 175 of 500 Articles in Tax.
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151. Offshore Trust - An Overview
August 22, 2013


The only way to protect your wealth or part of it is through a trust. It could be through an onshore discretionary trust or an offshore discretionary trust. A trust is an arrangement where a person (the settler) creates a trust and the trustees hold and manage assets (the trust fund) for the benefit of others (the beneficiaries). An offshore trust or overseas trust is a trust that is resident outside the "resident country" for tax purposes. The residence status of an overseas trust is important because it determines how the trust and the beneficiaries are taxed in your resident country for inc... (read more)

Author: Josep Guardiola

152. Know About Canadian Corporate Tax
August 22, 2013


In Canada, when it comes to taxes, big corporations don't pay their full share. Instead of other countries, the central government helps out big businesses in order to keep the money circulating through Canada. Without supporting such services through income tax, it is seen as inappropriate and unfair that corporations with profitable operations benefit from government services. Also, current levels of taxation were cited as a major problem for Canadians. Since Canadian corporations pay a lower income and corporate tax, if the government was to raise the tax who would pay it at the end. Anothe... (read more)

Author: Josep Guardiola

153. Hire an International Tax Accountant to Help You with International Tax Planning
August 22, 2013


International tax planning involves strategies to reduce or outright eliminate the payment of income taxes and other taxes. Global tax planning doesn't mean illegal tax evasion. There is a big difference between tax evasion and legal tax avoidance. Evasion means lying, hiding, fraud, perjury, and other illegal ways to hide income which is a crime in most countries. Legal tax avoidance is using a global tax plan to legally avoid paying taxes. International tax planning usually includes the use of offshore corporations to be created in countries who do not tax their corporations doing busin... (read more)

Author: Josep Guardiola

154. Features of Offshore Trusts
August 22, 2013


Offshore trusts or overseas trusts are formed due to the distinct asset protection that is provided. One can hold assets as well as funds and property and these assets are then managed in accordance with the rules laid down in the deed of trust. There are offshore tax benefits that one can avail of as well which are preferred to the taxes residing in one's country. The distribution of the funds or the benefits of the assets among the group of persons who are known as beneficiaries of the trust fund is also dictated by the deed of trust. It is formed through an arrangement that is entered ... (read more)

Author: Josep Guardiola

155. Estate Planning & Its Advantages
August 22, 2013


Estate planning is about the life of your family and loved ones – and the peace of mind you get from helping to preserve their financial security. Property planning is a difficult subject to discuss by its very nature, – even more so to plan for because it forces us to come to terms with our own mortality. Yet it’s something you need to talk about openly with your loved ones today because you can’t do so after you’re gone – or after they’re gone. Each person will approach estate planning differently, with personal motivations and expectations. No estate plan will be exactly like another. Esta... (read more)

Author: Josep Guardiola

156. Ask Professionals - Claiming Tax Rebate When Leaving The UK
August 22, 2013


Citizens of the country are required to pay taxes to their government from the income earned by them in order to avail the benefits of the services provided by it. So, if you are working as an employee in any company or as a teacher, receptionist etc in that case some amount is deducted from your salary as income tax by the employer. But, in case you are self employed then you will have to pay your own tax. In other words, it is the sole responsibility of the person owing the business to pay the tax on time. But most of the time it happens that you end up paying more tax because of the insuff... (read more)

Author: Dharmender Kumar

157. Getting Your Tax Rebate Leaving UK
August 22, 2013


There are number of ways in which you can get the tax refund in UK. If we calculate, on an average about one in three people on PAYE are entitled to get the tax refund but are not aware of it. When calculating rebate, there are so many people who do not understand the basics about the tax rebate leaving UK. This only causes error in determining the appropriate figure that is owned, but also brings about the delays in getting the tax rebate itself. For this reason, you as a tax payer should understand some basic factors so that it is easier for you to calculate what you owned fast and efficien... (read more)

Author: Dharmender Kumar

158. Importance of Understanding How to Use VCES
August 21, 2013


Knowing how to use VCES can help non compliant parties of service tax to evade penalties. Essential details can be easily obtained through tax consultants and relevant websites. Original sin and humans share a very long and strong relationship that has been carrying on ever since time took its first few steps on earth. While many may believe that no other human since the course of the ages can do it better than Eve, one will only be too surprised to see how the present day tax evaders of India have carried the tradition on, that too masterfully and with perfect precision which may even pu... (read more)

Author: John Benett

159. Wir bieten Ihnen einen auf Sie individuell zugeschnittene Steuerberatung an. Für Privatpersonen, Fr
August 20, 2013


Steuerberater, Privatpersonen, Freiberufler, Selbständige, klein und mittelständische Unternehmen, Vereine, Stiftungen, alle Branchen, Professionelle Steuerberatung, Steuergestaltung, Steuerersparnis, Steuerbelastungsvergleiche, Beratung bei der Rechtsformwahl aus steuerlicher Sicht, Steuerliche Gestaltung von Gesellschaftsverträgen, Anfertigung von Steuererklärungen, Anträge und Prüfung von Steuerbescheiden, Einkommensteuererklärung, Erbschaft- und Schenkungsteuererklärung, Umsatzsteuererklärung, Körperschaftsteuererklärung, Gewerbesteuererklärung, Feststellungserklärungen, Prüfung Steuerbesc... (read more)

Author: HKahrs GmbH

160. Rely on Instant Tax Solutions to get you IRS tax relief for your tax debt
August 20, 2013


It is understandable that not all of us know that IRS tax relief is available for us in order to resolve our tax debt and at the same time we do not understand how it works. As much as possible we tried to stay away from this kind of problem because Internal Revenue Service is the worst enemy that we might encounter especially if we keep on making mistake on our taxes. The only solutions that we could come up with is to hire an expert especially the one that knows how important IRS tax relief for the resolution of our tax debt. There are so many types of IRS tax reliefs that we can choo... (read more)

Author: Tracy Newby

161. Claiming Tax Investment Property Depreciation: A Perfectly Legal Practise
August 19, 2013


Summery :- Property depreciation is a great benefit provided by the ATO to all property owners in Australia. It helps reduce the tax they have to pay every year, and for that one needs to get a tax depreciation schedule prepared by a qualified quantity surveyor. Body :- Property depreciation is a tax rebate or deduction that was introduced by the Australian Tax Office (ATO) in the year 1985 to encourage the construction industry and provide much needed rental accommodation for Australia's increasing population. This legislation by ATO provides exceptional tax deductions for those who... (read more)

Author: Property Returns

162. DWK Tax Group | State of Idaho and IRS Tax Relief | Extension Expiration Date Deadline Looming
August 18, 2013


Several reasons exist as to why approaching tax filing deadlines may be of benefit to the taxpayer looking tax relief. A solid grasp of the entities business and or, individual income tax obligation may be in the public's best interest to review. DWK Tax Group's top 4 reasons why October 15, 2013 carries meaningful ramifications to the individuals currently on tax filing extension via Form 4868. Application for an automatic 6 month extension of time to file taxes. Hopefully this form was submitted prior to 4/15/2013. Tax Relief | Presidentially Declared Disaster Areas: If the ... (read more)

Author: Wendy Terino

163. Pros of tax planning with a professional
August 17, 2013


“Tax” for many is just a word but it has diverse meanings to people. Tax Planning is must due to rapid growth and economic developments part of the scenario today. How many people are actually willingly to pay the money to settle taxes? Truly not many! Paying taxes on time are timely said arguments and what people get after paying taxes. Perhaps to understand it better and reap tax benefits, utility and features of taxpaying capacity can be studied. What tax-planning means? Tax-planning is broad terms which years to the amounts for making contributions and investments under th... (read more)

Author: Lester J. Schwartz

164. Are My Social Security Benefits / SSI / SSDI Considered Income Taxable? DWK Tax Group
August 16, 2013


Financial planning anticipation of income tax obligations due on 4/15 of every year may require adjustments of various income sources. A basic understanding of the thresholds will assist you in your determination of a possible year end tax balance. The “single, unmarried” Taxpayer collecting Social Security (SS) benefits with a combined income exceeding $25,000.00 will need to pay taxes for the designated tax year or period. If the Taxpayer is “married filing jointly” and has a combine income sources that exceed $32,000.00 will need to pay taxes for the tax year. For example, Single ... (read more)

Author: Wendy Terino

165. Professional Tax Computer software or Tax Skilled Service
August 16, 2013


'Have I done my taxes right? Did I take-all the reductions I'm allowed to? Have regulations altered I don't find out about? Can I be audited'? There's undoubtedly about this. Tax planning is arduous and challenging - so much paper to type through, so much to calculate, so many forms to get through, which forms to file. While the IRS has many publications you can use to ready your private and business-tax returns, they're long, step-by-step and difficult to process. But, before you run out and choose the latest and finest tax preparation software, it is a good idea to bear in mind o... (read more)

Author: shailesh savaj

166. Top 8 Most Important Sacramento Tax Preparation Issues
August 16, 2013


Pulling out those receipts, calculating your interest and ensuring that you’ve got all your forms are quite tiring come tax season. There are even times that you may overlook some things or make a few small mistakes. The problem here is that these small mistakes could cost you, especially when you’re in the heat of preparing your returns. As such, what you’ll need is a list of the common tax preparation in Sacramento slip-ups that you need to avoid, including: 1.Avoiding math errors – Certain math errors could prove costly in doing tax preparation. Review your math until you’re totally ce... (read more)

Author: David Yaffee

167. IRS or State Tax Compliance Business Tax Returns /Business Owner Tax Relief Options- DWK Tax Group
August 14, 2013


Business entity tax returns small, medium or large requires the individual taxpayer to identify the net business income. Various forms of business tax returns (1065, 1120, 1120S) sometimes require a K-1 to report the business income or loss. The type of business you operate determines what tax you must pay and the method in which you are required to pay it. Income Tax Self – Employment Tax Employment Taxes Excise Taxes If your business is considered a Partnership, a Form 1065 is due by the 4th month and 15 days or 10th month and 15 days including extemsions. Generally a P... (read more)

Author: Wendy Terino

168. great app to your mobile
August 14, 2013


Hi thereDo you pair this boy?He is Parliamentarian Ney, a schoolboy, 14, who designs iPhone app recording linethat has been downloaded TWO Cardinal presentEmit Agglomeration is the establish of the gamy. If octonary grader can do it - SO CAN YOU!Are you nonexistent out the boat? App Dev playacting is the hottestpossibleness of the intact period!Did you join the AppDevSecrets teaching ? It is merchandising out straightaway. Exclusive256 symptom liberal.There are over 95 new comments on the writer. If you missed them - go toLick hereand holograph trailing to see what added group are expression ... (read more)

Author: Pham Van Trung

169. Reasons For Taking a Log Book Loan
August 13, 2013


Log book loans are gaining popularity in different parts of the world for many years. A logbook loan is that type of loan that is given to those persons who have their own vehicle and wants to offer that vehicle as a collateral needed for a particular type of loan. There is a need of considering the log books by loan companies in order to give loan approval. A log book is a simple document in which all the important data concerned with owner and vehicle is contained. Need of logbook loans We know that people are in great need of money in these days due to increased expenses and bad economy.... (read more)

Author: domand jerry

170. Seeking Help for Foreign Transactions under FEMA of RBI
August 12, 2013


For owners who are expanding their business overseas or doing business with some overseas firms keep getting the need of RBI and FEMA consultants time to time. Anyone who does not belong to this field is messed up in the legal matters, as they possess a complex framework. Different segment of issues on which FEMA consultants give their input in form of advice and service are foreign funding in India, overseas investment, import and export of goods or services, participating business structure in any compliance with FEMA, on capital or current accounts, and transactions concerning to fore... (read more)

Author: Kriti Advisory

171. A Small Business Tax Return Service Online Saves You Money And Time
August 12, 2013


They say the only things in life that are guaranteed are death and taxes. Well, we are going to tell you a secret, we are going to help you all but avoid the stress and pain involved with one of these! No, sorry we are not going to tell you how you can cheat death! But we are going to tell you how you can minimise the pain of having to do your tax return. You can now do your return online! Yes, what used to take hours or days can be done in no time. You can find a great small business tax return service who can do your return for you right now! These total tax return preparation services ... (read more)

Author: Ricky Hussey

172. A Potential Tax Trap for Heirs
August 12, 2013


Originally published on http://michael-piershale.blogspot.com/ A disadvantage of retirement accounts is that they cannot be re-titled into a trust account. Doing so will cause immediate taxation of the entire account. Therefore, there is no estate planning document that directs the distribution of retirement assets. Instead, this is done by a beneficiary election form that often names a different heir then is named in the trust document, which causes serious problems for the heirs. To complicate things further, different types of retirement beneficiaries are subject to different IR... (read more)

Author: Michael Piershale

173. Offset Rising Cost of Interest Rates by Claiming Property Depreciations
August 12, 2013


Property depreciation is defined as the decline in value of a building and its assets over the time due to wear and tear as well as physical deterioration. Depreciation on rental property or investment property is treated as an expense and is a part of the income statement. Actually property depreciation can be applied only to the building and not the land, since land is not considered to wear out over time. Generally there are two types of costs that can depreciate for an investment property; 1. Wear and tear of the fixtures and fittings of a property. 2. Capital works deductions... (read more)

Author: Property Returns

174. Is Acquiring a Nationwide Tax Attorney Representation a Pro or Con for Tax Relief? DWK Tax Group
August 09, 2013


Weighing the pros and cons of tax problem solving representation when you need it most. The benefits of hiring a firm with "one stop shop" capabilities are in the best interest of the general tax paying public, specifically for client representation service. Assisting struggling business owners, non compliant self-employed independent contractors and wage earners in collection status is DWK Tax Group’s forte. DWK Tax Group's representation team consist of the following: 3 In-House Specialty Tax Attorneys / Lawyers: One attorney is dedicated for Individual taxpayers, one attorney dedi... (read more)

Author: Wendy Terino

175. Essential Core Aspects of Efficient Tax Planning
August 07, 2013


Taxes are an integral aspect of everyone’s life. They impact an American regardless of earning a salary, buying some time, owning a real estate property, investing/operating a business firm, or moving a real estate. These aspects when left unattended can result in legal and personal concerns that might be critical to tackle. Whilst the income tax act was set up especially to make sure that every individual pays their own share, it also gives the individual taxpayer the authority to set up their financial affairs in a way to reduce their taxes, whichever way it is possible within the legal conf... (read more)

Author: ajax z



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