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Taking caution when it comes to self-directed IRAs

There are many attractive ads on TV that promote investment in self-directed IRAs. You might have even received solicitation letters for such. However, the IRS has come out with a notice to taxpayers of the need to take caution when dealing with some IRA investments, and many IRA owners now have questions. 234 more words

Retirement

Income Earned From Illegal Employment In Singapore Is Subject To Income Tax

**Edited as of 1500H, 8 March 2018 based on input from Lian Chuan Yeoh, Counsel at Allen & Overy. Thank you for the insight Chuan Yeoh! 1,449 more words

Singapore

Singapore GST - Revised e-Tax Guide on ACAP

The Inland Revenue Authority of Singapore (“IRAS”) revised the e-Tax Guide on the Assisted Compliance Assurance Programme (“ACAP”) on 2 April 2018 by extending the current penalty waiver from 31 March 2019 to a final extension date of 31 March 2024. 171 more words

IRAS

Income Tax - Three individuals to be charged for tax evasion of rental income

It was reported on IRAS’ website on 16 March 2018 that 3 individuals were charged in the court in 2 separate cases for tax evasion on their rental income. 182 more words

Income Tax

Income Tax Filing 2018 – Everything You Need to Know About Tax Deductions and e-Filing

(Source: sg.finance.yahoo.com)

Maybe it’s your first year of work, or maybe you have filed your income tax several times before. Many will agree that no matter how many times you have been through Singapore tax season, it always seems to be more daunting than it actually turns out to be. 637 more words

Current Affairs

Income Tax - Director of metal stamping company to be charged for tax evasion

It was reported in IRAS’ website on 22 March 2018 that a company director was charged in court for assisting his company to evade tax.  He faced 5 charges involving the making of false entries in his company’s income tax returns from Years of Assessment (YAs) 2009 to 2013, which resulted in $648,427.90 in tax undercharged. 124 more words

Income Tax

Szinkronban magammal

Kell ez a hely nekem. Magammal. Egyedül. A gondolataimmal, a belső hangommal, akivel kissé kiestünk a szinkronból. Kell a tér és idő, hogy lelassítsak, hogy újra egymásra találjunk. 269 more words

Under My Skin