This document promotes a tax guide called the Practical Tax Loose Leaf. It claims the guide will show users how to avoid 7 common tax traps that could cost them up to 50% of their tax bill. It details each of the 7 tax traps, such as hidden assets, interest, and fringe benefits. The guide and its tax helpdesk service are proposed to help users avoid unnecessary taxes, stay up to date on tax law changes, and feel confident they are paying their fair share and no more. Testimonials are provided from past users who say it paid for itself in tax savings and reduced accounting fees.
If you are reading this, you like to learn and take action to solve your important concerns. This slideshare will at least educate you on the many options you have when dealing with tax problems and get you started along the path of protecting yourself from the IRS and resolving your tax liabilities.
If you are reading this, you like to learn and take action to solve your important concerns. This slideshare will at least educate you on the many options you have when dealing with tax problems and get you started along the path of protecting yourself from the IRS and resolving your tax liabilities.
My 10 minute presentation at BNI Camberley in April 2013 that covers all aspects of Fuller Spurling's work and includes some worked examples of how we can advise clients on the tax implications of their decisions
Landscapers and Gardeners: Tax Help is Just a Click AwayNOAH DANIELS EA
If you are a self-employed landscaper or gardener, be sure to view the IRS webinar “Business Taxes for the Self-Employed: The Basics.” Here are some topics included in the webinar or on IRS.gov that you should know:
Legal requirements for various registrations required for Australian business Entity. Registration Requirements for starting a small business in Australia. It describes various requirements for obtaining GST Number, Tax Filing number etc.
The complete guide to becoming self employedwemoveonltd
If you begin a start-up business or decide to do some extra work on your own you can consider yourself a self-employed person. It is important you learn about the process of registering for self-employment, so we gathered the essential information to get you started. For more info visit: https://wemoveon.pro/self-employed
Income Tax saving tips for your online businessSam Elahee
Five Star Tax Service Online Income Tax Tips. www.taxsupport.ca your one stop source for Canada, USA and Cross Border Taxation. These income tax tips are applicable to all businesses and specially businesses operation on line. It is important to keep detail record of all expenses so that you can offset some of your income and lower your tax rate. Tax in most countries are progressive. These income tax tips will help you reduce your marginal tax rates. Moving from a higher marginal tax rate to a lower marginal tax rate means savings of thousands of dollars in taxes.
An individual, company, trust or superannuation fund can use this guide to work out their CGT obligations.
Individuals may prefer to use the shorter, simpler Personal investors guide to capital gains tax 2016 (NAT 4152) if, during 2015–16, they only:
sold some shares
sold some units in a managed fund, or
received a distribution of a capital gain from a managed fund.
A company, trust or superannuation fund may be required to complete and lodge a Capital gains tax (CGT) schedule 2016 (NAT 3423) (CGT schedule) as explained in Part C.
If you have a small business, you should get the publication Capital gains tax concessions for small business 2016.
This guide does not deal fully with the CGT position of:
an individual or entity that is not an Australian resident for tax purposes
a company that is the head company of a consolidated group. The rules that apply to members of a consolidated group modify the application of the CGT rules. For more information about the consolidation rules, see Consolidation.
This guide does not cover individuals or entities whose gains or losses are not subject to CGT but are covered under other tax law; for example, gains or losses from:
carrying on a business of share trading; see Carrying on a business of share trading
property renovation activities.
IRS Enforced Collection Actions and Alternatives to Enforced Collection.Tax Defense Network
The Internal Revenue Service (IRS) is a powerful and historically unrelenting creditor. The Internal Revenue Code grants the IRS extraordinary powers to enforce tax collection. The IRS has greater collection powers than those possessed by private creditors, which are usually required to obtain a judgment in court before forcibly collecting from a debtor.
Thoroughly unenjoyable to most business owners, tax filing is an inevitable consequence of running a small business, but if you know how to maximize your deductions – or employ somebody who does – you could help your business enjoy its biggest refunds yet.
Outsource self assessment tax return filing services. With more than 20 years of experience in accounts outsourcing services we helped many self employed in filing their HMRC Tax return.
TaxAssist Accountants - Making life simpleFranck Sidon
TaxAssist Accountants Chiswick provide a wide range of accountancy services including tax returns, payroll and bookkeeping. TaxAssist Accountants in Chiswick are a part of the largest network of accountants who offer a huge range of experience and expertise to over 44,000 small businesses right across the UK.
My 10 minute presentation at BNI Camberley in April 2013 that covers all aspects of Fuller Spurling's work and includes some worked examples of how we can advise clients on the tax implications of their decisions
Landscapers and Gardeners: Tax Help is Just a Click AwayNOAH DANIELS EA
If you are a self-employed landscaper or gardener, be sure to view the IRS webinar “Business Taxes for the Self-Employed: The Basics.” Here are some topics included in the webinar or on IRS.gov that you should know:
Legal requirements for various registrations required for Australian business Entity. Registration Requirements for starting a small business in Australia. It describes various requirements for obtaining GST Number, Tax Filing number etc.
The complete guide to becoming self employedwemoveonltd
If you begin a start-up business or decide to do some extra work on your own you can consider yourself a self-employed person. It is important you learn about the process of registering for self-employment, so we gathered the essential information to get you started. For more info visit: https://wemoveon.pro/self-employed
Income Tax saving tips for your online businessSam Elahee
Five Star Tax Service Online Income Tax Tips. www.taxsupport.ca your one stop source for Canada, USA and Cross Border Taxation. These income tax tips are applicable to all businesses and specially businesses operation on line. It is important to keep detail record of all expenses so that you can offset some of your income and lower your tax rate. Tax in most countries are progressive. These income tax tips will help you reduce your marginal tax rates. Moving from a higher marginal tax rate to a lower marginal tax rate means savings of thousands of dollars in taxes.
An individual, company, trust or superannuation fund can use this guide to work out their CGT obligations.
Individuals may prefer to use the shorter, simpler Personal investors guide to capital gains tax 2016 (NAT 4152) if, during 2015–16, they only:
sold some shares
sold some units in a managed fund, or
received a distribution of a capital gain from a managed fund.
A company, trust or superannuation fund may be required to complete and lodge a Capital gains tax (CGT) schedule 2016 (NAT 3423) (CGT schedule) as explained in Part C.
If you have a small business, you should get the publication Capital gains tax concessions for small business 2016.
This guide does not deal fully with the CGT position of:
an individual or entity that is not an Australian resident for tax purposes
a company that is the head company of a consolidated group. The rules that apply to members of a consolidated group modify the application of the CGT rules. For more information about the consolidation rules, see Consolidation.
This guide does not cover individuals or entities whose gains or losses are not subject to CGT but are covered under other tax law; for example, gains or losses from:
carrying on a business of share trading; see Carrying on a business of share trading
property renovation activities.
IRS Enforced Collection Actions and Alternatives to Enforced Collection.Tax Defense Network
The Internal Revenue Service (IRS) is a powerful and historically unrelenting creditor. The Internal Revenue Code grants the IRS extraordinary powers to enforce tax collection. The IRS has greater collection powers than those possessed by private creditors, which are usually required to obtain a judgment in court before forcibly collecting from a debtor.
Thoroughly unenjoyable to most business owners, tax filing is an inevitable consequence of running a small business, but if you know how to maximize your deductions – or employ somebody who does – you could help your business enjoy its biggest refunds yet.
Outsource self assessment tax return filing services. With more than 20 years of experience in accounts outsourcing services we helped many self employed in filing their HMRC Tax return.
TaxAssist Accountants - Making life simpleFranck Sidon
TaxAssist Accountants Chiswick provide a wide range of accountancy services including tax returns, payroll and bookkeeping. TaxAssist Accountants in Chiswick are a part of the largest network of accountants who offer a huge range of experience and expertise to over 44,000 small businesses right across the UK.
Most small businesses are losing thousands of dollars by making expensive tax mistakes. Make sure you're setting up your business correctly and are using the right deductions and expenses. Call us at (214) 600-8609 with any tax questions. Serving small business in the greater Dallas, TX area with tax planning and preparation.
When it comes to running your own business, making sure you have your accounts in order is key. It is also essential to submit any tax returns to HMRC on time. Whether it is the simple end of year accounts for sole traders or more complex tax reporting for Limited Companies, this is an area you must get to grips with. You may have also heard of HMRC selecting certain businesses for a tax investigation after returns are sent in. This basically sees inspectors look through your records to verify that your returns are correct. Needless to say, any discrepancies can prove very serious. But why might your business be chosen for a tax investigation?
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Maximizing Your Tax Refund: Strategies to Boost Your ReturnsThe Kalculators
When tax season approaches, many individuals eagerly anticipate receiving a tax refund. A tax refund is the amount of money returned to you by the government when you've paid more in taxes than your actual tax liability. However, to make the most of this opportunity, it's crucial to understand effective strategies for maximizing your tax refund. In this blog post, we will explore several actionable tips that can help you boost your tax refund and put more money back in your pocket.
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5 Ways Your Small Business Could Incur The Wrath Of The IRS.pptxRalfHeyer
There isn’t a business owner out there who doesn’t know that by not paying their taxes, they’re going to attract the attention of the IRS. But what about those times when business owners are questioned by the IRS over tax issues they knew nothing about?
Www.SchaumburgCPA.Info is an official blog of Manen Kothari CPA. To ensure compliance with the requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. One should consult their tax advisor before any of the information contained herewith applied to their individual tax situations. SK Tax Associates, Schaumburgcpa.info, or Manen Kothari cannot be held responsible for any general information stated above.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
1. How to pass the SARS audit test And reduce your tax bill by up to 50% This FREE presentation shows you exactly how to avoid the 7 most expensive tax traps!
2. It's urgent that you watch this entire presentation...RIGHT NOW. You’ll see why in a few minutes...
3. Hi, my name's Fulvia Stoltz. I'm a manager at FSP Business. I have some very important tax insights to share with you today.
4. Even after recent tax amendments South Africa is still one of the countries with the highest tax rates in the world. As a self-employed person or small business you’re hit especially hard.
5. Today, I’d like to show you a way out of this difficult situation. In a minute, I’ll show you how to avoid the seven most expensive tax traps – without spending a lot of time, without lying to SARS and without illegal tricks.
6. It’s for exactly these reasons that we developed the Practical Tax Loose Leaf service.
7. What are your biggest tax fears? Where can you find a proper answer to questions about taxes, any time?
8. Who will show you ready-to-use solutions in a clear and understandable way?
14. Some might seem harmless, but they catch thousands of taxpayers out each day. You don’t want to be one of them!
15. Tax Trap #1 – Hidden assets You don’t declare all your assets when you complete the personal statement of “assets and liabilities” in your tax return.
16. SARS uses this statement to spot and investigate any substantial or unexplained rise in your income, so it can claim its piece of the pie!
17. And if SARS discovers that you’ve been keeping quiet about the extra income you’ve been receiving, it’ll penalize you heavily AND tax that extra income.
18. So make sure you reconcile your statement of assets and liabilities, with your net income declared, each year - BEFORE you submit your tax returns.
19. As our experts say, it’s smartest to declare the true value of assets in the first year you’re declaring them on this statement.
20. TIP: Keep track of what you declared in the past as SARS can perform this exercise over a number of years.
22. Tax Trap #2– Hidden interest You don’t declare interest received on investments when completing your tax return.
23. Too often, taxpayers believe they can sneak interest in under SARS’ radar. But if SARS catches you out, you’ll have to pay additional tax up to 200% on the amounts that you failed to disclose.
25. Financial institutions – like your bank - are required to submit information to SARS of all interest payments made to investors. This is submitted electronically, and is linked to your tax records.
26. At the click of a mouse, SARS can investigate your interest. So make sure that what’s declared on your tax return is the truth about what you’re earning!
28. Tax Trap #3 – Troublesome lease agreements Your lease contract on business equipment – on which you’ve been claiming depreciation - has expired and you take ownership from the bank for a minimal payment.
29. Be aware of the implications of claiming wear and tear, depreciation or lease payments on business assets.
30. Yes – you’re allowed to recoup the expenses in cases where the asset is sold or the lease on it expires…
31. But don’t forget that the difference between the market value of the asset, less what you paid for it, is income. You have to declare it as such.
33. Tax Trap #4 – Faulty invoices Your claim for input tax paid was disallowed by the SARS due to invalid invoices received from your supplier.
34. It’s up to YOU to make sure that all invoices issued to you or BY you are valid. You aren’t allowed to claim input tax without an invoices that don’t meet SARS requirements.
36. Check your invoices for these 4 common errors: The name and address of the purchaser may have been omitted.
37. Check your invoices for these 4 common errors: The name and address of the purchaser may have been omitted. The words “Vat Invoice” or only “Invoice” may appear instead of “Tax Invoice”.
38. The amount of Vat isn’t shown separately, or it isn’t stated that Vat is included in the price and has been charged at 14% or 0%.
39. The trading name, address and Vat registration number of the business aren’t stated on invoices.
41. Tax Trap #5 – Provisional taxes You base your provisional tax estimate on your actual income and pay more than the amount stated on your last tax assessment.
42. You don’t have to pay the full amount due to the SARS immediately. Your first and second provisional tax payment estimates may be based on the taxable income of your latest assessment - the “basic” amount.
43. But if your actual income has increased, use the voluntary third provisional payment to pay up the taxes you owe. This way, you’ll avoid interest charges as a result of underpayment of provisional tax!
45. Tax Trap #6 – Fringe benefits You benefit from considerable tax savings as you make use of company owned assets such as a car and a house.
46. Make sure you declare taxable benefits resulting from the use of company owned assets (like cars, homes, etc).
47. If your statement of personal assets and liabilities show that you don’t own any personal vehicles and no taxable benefit for the use of a company car is declared, it’s an open invitation to SARS to initiate a thorough investigation into your financial affairs.
49. And finally, Tax Trap #7 – The wrath of disgruntled ex-employees
50. And finally, Tax Trap #7 – The wrath of disgruntled ex-employees You’ve dismissed an employee who was previously entrusted with all your financial and tax affairs.
51. This is a real threat! It’s not uncommon for disgruntled employees or ex-employees to report the wrong-doings of their employers to SARS… Especially cases where employers failed to deduct tax or fully disclose turnovers.
52. These cases are normally evaluated and referred for immediate investigation and could even result in a raid on your premises…
53. Be wary of possible retributions from employees, ex employees and even scorned lovers or spouses!
54. I don’t want you to fall into any of these traps! Order your copy of the Practical Tax Loose Leaf today to review at no cost for 14 days!
58. Plus, as a subscriber, you’ll get these 3 additional free services:
59. Plus, as a subscriber, you’ll get these 3 additional free services: 1. The Tax Helpdesk – where our experts answer your quick tax questions by email within 72 hours
60. 2. An information archive, where you can access all our past content online
61. 3. A daily email, the Tax Bulletin, which will keep you up to date on any tax law changes, deadline dates and important information
62. AND it’s tax deductible! So you’ll recover at least a third of your investment.
63. Order you copy of the Practical Tax Loose Leaf today to review at no cost for 14 days!
64. You pay nothing upfront. Just let me know where to send it, and we’ll rush it to your address.
65. Take 14 days to use the handbook. If, after these 14 days, you decide it’s not what you expected, send it back and we’ll forget about the bill.
67. 1. You’ll receive a copy of “Take on SARS and win!”. It shows you exactly how to tackle SARS through the alternative dispute resolution process.
68. 2. You’ll also get a copy of the booklet, “How to Survive a SARS Audit”, filled with practical checklists and tips.
69. MrOtgaar took me up on this offer. Here’s what he had to say about the Practical Tax Loose Leaf:
70. MrOtgaar took me up on this offer. Here’s what he had to say about the Practical Tax Loose Leaf: “The Practical Tax Handbook paid for itself several times over with regard to tax saved and reduced fees to our accountant”.
71. And here’s what another subscriber, Miss Mckenzie, had to say:
72. And here’s what another subscriber, Miss Mckenzie, had to say:“It’s well indexed, updated throughout the year in digestible chunks, keeps me up-to-date, allows me to arrange my tax affairs to my best advantage AND keep my accountant on his toes”
73. Make sure you’re always one step ahead of SARS. Order your copy of the Practical Tax loose Leaf today and I’ll make sure you have it on your desk by next week.
74. During the 14 day trial period, see for yourself how useful it will be in your office. Use all the tips, checklists, sample forms and advice as often as you wish.
75. When the time has lapsed you can keep it by paying the enclosed invoice. Or, send it back to us within 14 days after you receive it, without any obligation.
76. Order your copy of the Practical Tax Loose Leaf NOW! Visit www.practicaltaxhandbook.co.za