What is the size and the estimated growth rate of the tax advisory services category? The global tax advisory services category size was valued at approximately USD 38.5 billion in 2022 and is estimated to witness a CAGR of 9.3% from 2023 to 2030. What are the major factors driving the gro...
IRS Announces Over/Underpayment Interest Rate Increases December 8, 2022 Publications Ninth Circuit Denies Transition Tax Challenge November 30, 2022 Publications Treasury Proposes New Rule on Foreign Tax Credit November 22, 2022 Publications Priority Guidance Plan Released by Treasury and IRS ...
I have just completed my provisional tax return for 2024-01 on Tax Tim and the tax rate is 27%, which seems so high! This is my first tax return for my business, please help. Tax on my travel allowance Posted 24 April 2024 My employer is satisfied that only 60% of my travel ...
If you contribute more than your cumulative limit, the CRA imposes a tax rate of 1% for each month or partial month that your account has excess contributions. The tax will continue to apply until the entire excess amount is taken out of the fund or is absorbed by additions to unused TFSA...
Nadine Augustine is the Founder, Accountant and Tax Specialist at Zen Accountants. Her passion is to help grow businesses by using the right tools and solutions and guiding accountants on their path to a modern accounting firm. She has over 10 years of experience in accounting and taxation. She...
Rate of Surcharge on different class of Tax Payers The rate of surcharge is different for the different class of taxpayers. Income Tax Surcharge on individual and HUF: The income tax surcharge is highest for individuals and HUF. For the FY 2016-17, AY 2017-18 .It is 15% of the income ...