Tags » Tax

How to avoid a painful tax audit

Even the NZX can be caught out by a tax audit. The sharemarket business paid $1.2 million extra after the Inland Revenue Department checked its books. 285 more words


Hundreds of social assistance recipients affected by privacy breach

TORONTO – Hundreds of Ontario social assistance recipients have had their tax forms with private information, including social security numbers, sent to the wrong places last month. 349 more words


Navigating the New Pennsylvania Inheritance Tax Exemption for Family Owned Businesses

Recently, Pennsylvania enacted a new law that allows the transfer of a “Qualified Family-Owned Business Interest” (QFOBI) to one or more “Qualified Transferees” without being subject to Pennsylvania inheritance tax upon the death of the transferor. 863 more words

Estates And Trusts

Experienced Parramatta Accountants Can Help with the R&D Tax Incentive

The R&D activities of a company are typically led by special centres or units, though they can be outsourced to contract research organizations. An R&D expenditure will most likely hit the Company Tax Return as deductible expenditure and it’s important to make sure that there are no double reductions when the numbers are given again in the Company Tax Return through the R&D Tax Schedule. 81 more words

March Tax Deadline TODAY!

March 2, 2015

TODAY is the deadline for businesses to mail Forms 1099 and 1096 with the IRS if filing on paper. (If filing these forms electronically, the deadline is March 31.) For more details, see the… 148 more words

Tax Planning

A Collaborative Conversation with an Old Friend

Last week an old friend and former colleague of mine (John Cruise) had one of those ‘random and unexpected’ great telephone conversations.  I was driving from a meeting and called John to shoot-the-breeze.   498 more words

Brian Laundry

The Grand Finale!

Today we are going to finish up . . . drum roll please . . . the Schedule A! There are so many different aspects to the Schedule A, and there will be different deductions among the millions of people who file tax returns, so breaking it down into sections is the easiest way to understand the whole thing. 757 more words