000) provides for a practical allowance that makes it unnecessary to track and report every small gift (because no one wants to spend time accounting for the value of birthday gifts like bikes, books, or cash!). Furthermore, every individual also has a life...
Assets for personal use (such as computers, bikes and televisions) It’s important to note that most of these benefits will incur tax. What is the purpose of offering benefits-in-kind? There was a time when fringe benefits used to be just that - fringe. But in the last few years,...
credits to investors to raise capital for home construction. In 2022, 2023, and 2024, each state would be allowed to annually award an amount of credits equal to the greater of $3 multiplied by its population, or $4 mil ion. In 2025, credit allocation authority would be equal to the gr...
Those fees are deductible if you paid for tenant credit reports, criminal background checks, identity verifications, eviction history reports, employment and income verification, or housing history verification.Even better, the applicant should be able to pay directly fortenant screening reportcosts. Whi...
Golf carts, go-carts, mini-bikes, dirt bikes, tractors, motorcycles, and vehicles that can legally be driven on Louisiana streets and highways Heavy equipment like bulldozers, cranes, etc Float tubes and vessels, i.e. airboats You can read the actual law allowing for the tax holiday by cl...
Cash App Taxes (formerly Credit Karma)will most likely be a familiar name in the world oftax softwareas it’s been around for a number of years now, most notably supplying free credit scores. These days, it's more app focused, hence the name change whilst its wide range of services now...
IRIS Personal Tax also automatically carries out tax calculations based on data you’ve entered, thus eradicating the need for separate tools or manual calculations. IRIS Personal Tax account holders also get access to support options(Image credit: IRIS) ...
B2C E-invoicing Pilot project for B2C e-invoicing introduced to improve business efficiency and environmental sustainability. Invoice Management System (IMS) Invoice Management System to allow taxpayers to accept, reject, or keep invoices pending for claiming Input Tax Credit (ITC). Waiver of Interest...
TaxAct comes with a good selection of variations on the theme for any filing requirement(Image credit: TaxAct) TaxAct: Pricing As is the case with any tax filing software package, price is everything. Little wonder then that TaxAct has moved to make its pricing look more appealing in ligh...
Indeed, Xero is well known for the training it offers, such as for its Xero Tax education course. The company also holds regular webinars, which prove invaluable for any partners who have signed up. As with other areas of Xero's portfolio there's lot of help at hand (Image credit: ...