Taxes
Union Budget 2023-24: Six Key Household Expectations For Wealth Generation
While Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2023-24 in the Lok Sabha on February 1, let's take a look at all the possible ways the government can help for payers with tax deductions to save more and grow their personal wealth
Richest 1% Indians Own More Than 40% Of Country's Wealth: Report
The report stated that the top 5% own 61.7% of the total wealth; nearly 20 times more than the 3% owned by the bottom half
How This New Accounting Feature Can Save Businesses From Fraud and Financial Mishap
Reconciliation has been a pain point for small businesses for a long time, but new technologies now enable payments companies like banks to automate the reconciliation process. The small business banking market in North America still leaves much to be desired, leaving room for innovative banks to differentiate themselves from competitors.
What Is a 1099 Form? Everything You Need To Know.
Form 1099s can be complex, which is why it's not uncommon to hire someone to help you handle one. Here's everything to know about a 1099 form.
Moving to Florida to Save on Taxes? Be Prepared For a Sticker Shock.
Although Florida is one of the few states that has no income tax, high prices for insurance, housing and healthcare could mean that residents don't save as much as they think.
Walmart Gets $1 Billion Tax Bill For PhonePe Shift To India: Report
In July 2022, the digital payments firm PhonePe had revealed its plan to shift its headquarters from Singapore to India
These 9 States Have No Income Tax — But Are They Better or Worse For Your Finances? Here's Everything You Need to Know.
Does your state require income tax? Discover everything you need to know about nine states with no income tax in this detailed guide.
小乙14减税usiness Might Be Overlooking
Keep more of the value your business generates by following these tax time tips.
Getting Paid on Venmo? This New IRS Rule Could Threaten Your Small Business.
Those using third-party apps like Venmo, Cash App and PayPal will now have to fill out 1099-K forms if they earn above a certain amount.
Act Now on Your Year-End Tax Strategy to Save in 2023
We don't know which tax changes are in store when the next Congress convenes, but business owners should be prepared, as well as aware of benefits that are slated to disappear. Act now before it's too late.
Your Tax Refund Could Be Smaller Next Year, IRS Warns — Here's Why
And the money you do get back might not be timely either.
Moonlighters Are Warned Of Tax Implications: Experts
Expenses incurred for the freelancing work that is spent fully and exclusively for the purpose of the work and incurred during the tax year, and which are not capital expenditure or personal expenditure of the freelance, are allowed to be deducted as expenditure
Inflation Pushes Millions to Look for a Second Job, but New Tax Adjustment Might Help
The adjustments could allow for relief to taxpayers in 2023, particularly those who fall in lower income tax brackets.
Man Who Caught Aaron Judge's Record-Breaking Baseball May Have to Change His Tax Bracket
Catching history may cost you.
These Are the Top Tax Filing Mistakes Made by Small Business Owners (and How to Avoid Them)
Avoiding these common tax filing errors can save your business time and money in the long run.