Paying tax is a given but, for those who own or are looking to acquire an investment property, Mark Hay Realty Group Principal Mark Hay said there were a few initiatives in place to help reduce your tax burden and maximize the return on your property. Negative gearing is your best friend According to Mr
The tax authorities may allow businesses to pay tax on lessor income than the income booked in the statement of comprehensive income, which leads to lower taxable profits. In our previous article titled “difference between accounting and taxable profits”, we established that the difference between accounting and taxable profits could be of permanent and temporary
It’s easy to argue that a tax refund isn’t something to celebrate. After all, it means you overpaid your taxes the previous year and are now getting the money you were entitled to all along. But if you have an IRS payday coming your way, it pays to make the most of it. Here’s how.
October 20, 2022 | 2.00PM EST | USA
Does your institution make payments through Accounts Payable to students, instructors, researchers and academic visitors? Internal procedures might identify a payment as a stipend or honorarium, fellowship, grant or scholarship – but what these have in common in tax compliance is a set of specific regulatory requirements which will determine whether payments are subject
June 23, 2022 | 2.00PM EST | USA
This tax compliance program will help you identify whether a foreign vendor or other foreign payee is entitled to claim a reduced rate of U.S. federal income tax withholding on certain payments under benefit of an income tax treaty between the United States and the foreign jurisdiction where the individual or entity claims tax
May 26, 2022 | 2.00PM EST | USA
Does your organization make payments to foreign vendors? The Form 1042-S tax reporting and tax withholding rules are extremely complex and failure to withhold from payments when required results in the required amount becoming a tax liability of the payer. This program will address the essential regulatory requirements for U.S. federal income tax withholding
Thursday, March 17, 2022 | 2:00PM – 3:45PM Eastern Time The 2022 edition of this essential tax compliance training program will provide updates on the current IRS administrative procedures for Notice CP 2100 (“B Notice”) and Notice 972CG (information return penalty assessment against your organization). You’ll learn best practices which better equip you to handle
Thursday, March 3, 2022 | 12:00pm – 1:30pm Eastern Time You’ve got challenges. And our panel of experts has answers. This is your chance to get sage advice on your biggest accounts payable quandaries from people who have helped organizations of all sizes and across all industries achieve optimum performance. From best practices in supplier
Making a plan for your tax refund is the best way to make sure it doesn’t slip through your fingers. It’s possible to use a tax refund to enhance your future. Whether you’re expecting your “usual” tax refund this year or have a sneaking suspicion that it will be larger than usual, it’s good to
PayIt, an award-winning provider for digital government solutions, is making it more convenient for Toronto residents to pay bills in one secure location. The newly launched digital solution, MyToronto Pay, provides a new online payment option for property tax and utility bills. In addition to making immediate payments, Torontonians can use the service to schedule
Commercial Metals Company (NYSE: CMC) (“CMC”) announced today a proposed tax-exempt bond financing in the amount of $150.0 million. In connection with the proposed financing, the Industrial Development Authority of the County of Maricopa (the “MCIDA”) authorized the issuance and sale of Exempt Facilities Revenues Bonds (Commercial Metals Company Project), Series 2022 (the “Bonds”). If the financing
This is a time of year when many farms focus on the financial aspects of their businesses. The focus can be wide ranging from getting financial statements back from accountants, to preparing information to file tax returns and to providing information to lenders. For a great number of farms, focusing on financial management is not
