The AMT was enacted in 1969 to prevent a small group of wealthy individuals from exploiting tax loopholes to avoid paying any taxes at all. Rather than eliminating the loopholes, Congress devised a scheme to compute a person’s tax in two ways: one using the standard tax system and the other using a unique “alternative” …
Things You Should Know About the Alternative Minimum Tax! Read More »
The International Organization for Standardization (ISO) is a non-profit organization dedicated to developing international standards. It is a worldwide non-governmental federation of national standards bodies, with 140+ members (each country). Knowledge is provided, organizations are formed, creativity is instilled, and solutions to global concerns are provided. Their goal is to encourage standards to make international …
After a long duration, lots of sleepless nights of planning, and years of toil, you are finally ready! Now is the actual time to kickstart your business! Probably, tax payment is the last thing that would pop up in your mind. But the right way of doing it is by trusting us. It does not …
Introduction It is difficult enough to run a business without increasing the complexity of filing annual taxes. According to experts, it is essential to work with an accountant throughout the year, not just when preparing a tax return. Making financial decisions without consulting an accountant or financial adviser can be at risk and cost more in the …
5 Key Tips for Small Business Taxes to Grow Your Businesses Read More »
Introduction: Most people figure out how to link their bank accounts and credit cards, but then they’re stumped as to what to do next. A solid bookkeeping system always begins with the proper system design. To develop the correct strategy, you must first understand your goals, just like anything else. If you’re seeking a specific …
Things You Need To Know About Bookkeeping System Read More »
Everyone should stay informed about the essential concepts in tax filing. As a taxpayer, one must be aware of the amount of taxes you pay, or it ends with paying more in taxes than you actually need to. You should also be made aware of how you can receive reimbursements for the taxes you pay. …
Know about the smart ways to use your Tax refund Read More »
Albert Einstein said that the difficult thing is to understand the income tax. Some people find the tax-related procedures confusing and hire a tax consultant. But who is exactly a tax consultant? What is the work he/she do? How can a tax consultant benefit you to minimize your tax liability? What is a Tax Consultant? …
Who Are The Tax Consultants, And What Is Their Work? Read More »
