The Benefits and Risks of Foreign Tax Credits: A Study of the Impact on Tax
Foreign tax credits are crucial in avoiding double taxation of income earned abroad, so helping clients claim them properly is vital for adhering to tax...
The Role of Double Taxation Agreements in International Tax Planning
International double taxation can hinder trade, limit capital flow and violate the principle of tax fairness. To address this problem, countries have come together and...
A Guide to Tax Planning for Self-Employed Individuals
As a self-employed individual, when filing and paying estimated taxes throughout the year you'll need to file Form 1040 and make estimated payments towards self-employment...
Tax Planning for Mergers and Acquisitions.
Acquisition involves extensive due diligence. Evaluation is more than just looking at the financial reports, but legal, operational, and cultural assessments too. Estimating intangible assets...
Optimizing Tax Efficiency Through Entity Selection
Changes to entity type can be beneficial for any size business, particularly as tax laws evolve and long-term plans emerge. Strategic Conversions Entity selection is...
The Benefits of Tax Loss Harvesting – A Guide to Offset Capital Gains With Losses
Tax loss harvesting (TLH) offers many potential advantages, from upfront tax savings to creating additional capital over time. But this process is complex and needs...
The Future of Accounting: Blockchain Technology’s Impact
Blockchain, best known as the technology backing cryptocurrencies such as Bitcoin, can also increase security, transparency, and trust across a network of global users, automate...
Tax Considerations for Digital Nomads and Remote Workers
Digital nomad lifestyle provides unparalleled freedom and adventure, but with it comes some complex tax considerations. To minimize their tax liabilities and fulfill reporting requirements...
How to Maximize Your Income Tax Benefits
If you earn a salary, you have to invest it well in order to reap maximum income tax benefits. Making investments in a tax saving...
What Are Estimated Tax Payments?
Estimated tax payments are a way to pay taxes when they are not withheld from your paycheck. Estimated tax payments are due every four months...