Taxes : Business & Finance
The concept of introducing low tax rates for business can be explained by the government in number of ways. There are plenty of locations present around the world where companies can create their subs
Imagine this. You have completed your income tax return and put away your documents for the current tax season. The good news is this describes the experience of many taxpayers who successfully pass tax filing requirements. Others who fall short of the filing rules may qualify to have their returns
With the current hard economic times, people will do anything to save on taxes, and this is why a lot of people have turned to the flexible spending account (FSA) for saving. FSA saving works in the following manner: If one diverts $5,000 from his/her taxable salary to, for example, pay for braces,
As a homeowner, you face many expenses you never had to deal with as a renter. Homeowners make mortgage payments, pay homeowner's insurance premiums, pay property taxes and cover the cost of upgrading their appliances and their home itself. Thankfully, all of that work and expense can help you durin
Did you know that you can sell a stock at a profit and pay next to nothing in capital gains tax? Or that you may not owe any tax on dividends you receive? It's true. The Tax Increase Prevention and Reconciliation Act (TIPRA), which was signed into law in early 2006, reduces capital gains and di
The Indian economy appears to have settled on a steady and high growth path in recent years. A boost in investment, strong industrial performance and modest inflation has helped not only growth but also other associated business sentiments. Growth of the Gross Domestic Product in excess of 8 percent
This article provides information about the Uniform Tax Credit and Claiming a tax rebate. Reading this article will help you understand them better.
The turning of the new year is a time for a new beginning. Unfortunately, January is also the time when the tax season begins in earnest. 1099-MISC filings are on of the first things that come up.
The government of the United States requires American citizens to pay taxes. These funds go to cover some of the cost of government programs. Sometimes the government takes too much from you, in which case they give back the extra funds in the form of a refund. It's beneficial to know when you'll re
The price of oil and gas continually fluctuates up and down making this a good investment. When oil and gas prices are low this is a great time to buy because looking at past trends it is almost certain that prices will go up again in the future. Investing in oil and gas is a good move because there
The Internal Revenue Service (IRS) offers three forms for individuals to use when filing their Federal Income Tax Returns: Form 1040; Form 1040A; and Form 1040EZ. The complexity of an individual's tax situation determines which form he should file. It is not always in a taxpayer's best interests to
Taxes do not always have the same effect on all people. Tax legislation is often labeled as progressive or regressive. The former indicates that the resulting tax is based on the income of the individual and therefore increases as income grows. The latter indicates the tax remains the same regardles
Financial planners often suggest irrevocable trusts as a method of avoiding estate taxes. In all the discussion about what is and is not taxed, however, you may become confused about the taxes relevant to irrevocable trusts. All irrevocable trusts pay income taxes in some form or other. How the trus
The tax efficiencies of accepting an Oil and Gas Contract and operating through a Limited Company are very attractive. To ensure that you are reaping the benefits of being self employed, and not being caught by HMRC IR35 legislation, you must ensure that both your Contract and your Working Practices