What to Look For When Finding a Local Accountant

A local accountant is a practical solution for the business that wants a professional to take on the responsibility for returns, year-end accounts, business tax, personal tax, VAT and PAYE. Paying for accountant can in the long-term help to save money, free up time for other responsibilities, and make sure a business is properly administered.… Continue reading What to Look For When Finding a Local Accountant

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How to File a Correction for Income Tax Return or File Revised Return

Taxpayers must file their tax return with care to avoid any error while filing income tax returns. However, sometimes in haste, they end up making mistakes like unclaimed deductions, income reported incorrectly or any incorrect contact details or the bank account is given for the refund of taxes. However, if you have filed your return… Continue reading How to File a Correction for Income Tax Return or File Revised Return

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Cryptocurrency and Taxation Challenges

Cryptocurrencies have been in the news recently because tax authorities believe they can be used to launder money and evade taxes. Even the Supreme Court appointed a Special Investigating Team on Black Money recommended that trading in such currency be discouraged. While China was reported to have banned some its largest Bitcoin trading operators, countries… Continue reading Cryptocurrency and Taxation Challenges

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Using the Acceptance Agent Services ITIN for Better Processing of Tax Services

An ITIN is a number used to access all the financial services under the US federal government. It is issued by the Internal Revenue Service as a form of identification to the nonresident alien individuals or for familial status of fiscal residents who do not have the authorization to work, so that they become eligible… Continue reading Using the Acceptance Agent Services ITIN for Better Processing of Tax Services

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Is CSRs Worth Considering in Tax Planning?

Until now, corporate social responsibility (CSR) has come to be one of the accepted business norms of our time. It’s regarded as business practices involving initiatives that benefit society. The European Commission not long ago defined CSR as “the responsibility of enterprises for their impacts on society”, a succinct and distinct summation for sure. Common… Continue reading Is CSRs Worth Considering in Tax Planning?

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