With summer drawing to an end and Starbucks unveiling the return of the pumpkin spice latte to its stores, freelancers and self-employed individuals should start making plans so they can minimise the amount of stress they experience at tax season…
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Taxation of Cryptocurrency – Key Considerations for Investors
Cryptocurrency might seem like an unpredictable investment, but it still falls under tax law. Understanding your cryptocurrency tax obligations will help to avoid unexpected surprises and stay compliant. Each time you exchange cryptocurrency for goods or services or real currency,…
Read MoreIs Your Personal Loan Amount Taxable?
Taking out a personal loan can be a great way to help pay for medical expenses, a wedding, or a higher education. But, when it comes to tax time, you may want to consider whether your personal loan amount is…
Read MoreCapital Gains Tax
Capital gains tax is a recurring obligation on the sale of an asset. The capital gains tax allowance is PS12,300 per individual, but it is double for married couples and civil partners. In addition, assets acquired before 2003 are exempt…
Read MoreWho Can Claim a Tax Rebate?
A tax rebate is an equal payment to the citizen by way of a check or money order when the taxpayer pays back taxes than they are liable to pay. There are several different kinds of tax rebates, including a…
Read MoreTips for Preparing Your Property Tax Due
If you have a property tax bill that needs to be paid this year, then you need to make an intelligent decision about your property tax payments. Why don’t you go online and compare how much you are paying now…
Read MoreHow To Reduce payroll Taxes For Self Employed Individuals
In our nation’s tax system payroll taxes are often considered one of the most misunderstood areas of the financial regulation. It is true that payroll tax collections can be quite problematic and even irritating for an employer. The law mandates…
Read MoreWhy an Income Tax Preparer Can Make a Huge Difference in Your Taxes
If you’re concerned that your taxes are not being dealt with properly, don’t be. In fact, the IRS offers e-filing and it can save you a ton of time. E-filing is tax preparation on your part by using certain software…
Read MoreThe Benefits of Using an Income Tax Return Calculator
Income tax returns are the most common document filed by American taxpayers. Because income tax forms are so important and beneficial to most taxpayers, many state and local tax offices to encourage taxpayers to use income tax return calculators. These…
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