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What does it take to start Your Own income Tax Business? Step By Step

December 6, 2019 By Jason Leave a Comment

Starting your own professional tax practice is a unique process, with Internal Revenue Services (IRS) requirements and ever – changing laws adding to the complexity. Following are the Steps Involved in starting up a Own Income Tax Business: STEPS: Get Register Your Business with your State … [Read more...] about What does it take to start Your Own income Tax Business? Step By Step

Filed Under: Income Taxes

Top 7 Unusual Types of Income you should Include on Your ITR

December 4, 2019 By Jason Leave a Comment

Non disclosure of income or assets will catch u in Black money Act and Binami Transaction Act. So one should take the expert advise to determine a particular income as taxable on non taxableincome . There are several incomes like dividend income, agricultural income, exempted leave encashment, … [Read more...] about Top 7 Unusual Types of Income you should Include on Your ITR

Filed Under: Income Taxes

Top 5 Tips to Make Taxes Easier This or Next Year

December 2, 2019 By Jason Leave a Comment

Want to make taxes easier. Lets try the below and  you will definitely find the difference from earlier for your tax return filing. Behold Last Year’s Tax Return: Yes its always good if you can have the past data handy which helps to find the additional information or changes required to be … [Read more...] about Top 5 Tips to Make Taxes Easier This or Next Year

Filed Under: Income Taxes

Top 5 Reasons why Tax Preparation is a Great Career

November 30, 2019 By Jason Leave a Comment

Taking tax as career helps an individual to be more attentive and sharp because it deals with lot of numbers and regular updates as being a professional we should be thorough with the same and need to pass the benefit of the update to the client then only value addition can be done.  Tax can be … [Read more...] about Top 5 Reasons why Tax Preparation is a Great Career

Filed Under: Income Taxes

Top 5 Myths about Tax Refunds

November 28, 2019 By Jason Leave a Comment

Myth 1: Getting a Tax refund in this year means, there is no need to pay withholding tax for the next year. Truth:       Refund in one year will be adjusted in the next year tax due to department if both years are under the assessment  and interest , penalties can still be levied . Adjustment of … [Read more...] about Top 5 Myths about Tax Refunds

Filed Under: Income Taxes

Top 5 Benefits of Filing Income Tax Return Online.

November 26, 2019 By Jason Leave a Comment

– On time filing avoid penalties The Income Tax Department levies a penalty onassesee’s for non filing of tax return within the prescribed due dates. It may extend upto Rs 10000. Tax credit claim - In order to avail the tax credit out of the taxes paid in India when filing the foreign … [Read more...] about Top 5 Benefits of Filing Income Tax Return Online.

Filed Under: Income Taxes

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Latest Posts

  • What does it take to start Your Own income Tax Business? Step By Step

    Starting your own professional tax practice is a unique process,...
    Read More
  • Top 7 Unusual Types of Income you should Include on Your ITR

    Non disclosure of income or assets will catch u in...
    Read More
  • Top 5 Tips to Make Taxes Easier This or Next Year

    Want to make taxes easier. Lets try the below and ...
    Read More
  • Top 5 Reasons why Tax Preparation is a Great Career

    Taking tax as career helps an individual to be more...
    Read More
  • Top 5 Myths about Tax Refunds

    Myth 1: Getting a Tax refund in this year means,...
    Read More

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