Federal income tax is a tax imposed by the US Internal Revenue Service (IRS) on yearly earnings of corporations, trusts, individuals as well as other legal bodies. The taxes are placed on all kinds of earnings that form a taxpayer’s taxable income, like their capital gains or employment earnings. People don’t generally think much about taxes until the tax season arrives. It … [Read more...] about What to Know about Federal Income Tax
Tax Management
How to Prepare for the Upcoming Tax Season
Nobody wants to spend time out of their day figuring out taxes. It’s not that fun determining how much of your hard-earned money is going to the government, after all. However, there are ways to make tax season less of an emotional drain and hassle. Armed with the right information, you can face tax season with peace-of-mind and calm. We can’t guarantee you’ll ever be “happy” … [Read more...] about How to Prepare for the Upcoming Tax Season
Lowest Corporate Taxes in the World
Among the countries with the lowest corporate taxes in the world, we can mention a number of Eastern European countries as well as the countries that are perceived as tax havens because they have a 0% corporate income tax (Anguilla, Bahamas, the Cayman Islands and others). At the other end of the spectrum, we can mention the United Arab Emirates, Brazil or Japan. Below, … [Read more...] about Lowest Corporate Taxes in the World
4 Tax Changes in 2018 and 2019 for Small Businesses
The tax landscape is ever-evolving for business owners. As a small business owner, you're responsible for keeping pace with the changes and how they impact you. These are the key tax changes for 2018 and 2019 that you need to know. Photo by rawpixel on Unsplash The Qualified Business Income Deduction Was Introduced As we welcomed 2018, we also welcomed the Qualified … [Read more...] about 4 Tax Changes in 2018 and 2019 for Small Businesses
The Need-To-Know Stamp Duty Basics
Photo by Morgan Basham on Unsplash If you work in the moving industry, are planning to buy a new house or just plain read the newspapers, you’ll be all too familiar with stamp duty at the minute. As a removals comparison company, we over at buzzmove like to keep on top of industry news. For that reason, we’ve read more than we care to admit about the recent changes to … [Read more...] about The Need-To-Know Stamp Duty Basics
