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One of the topics that arise at tax time is about the wash sale rule. If you take it into consideration before taxes and sell your losing positions that have no chance turning green, you can offset your taxes on capital gains. This can be an...more
For many people, filing tax returns is one of the most complex and confusing tasks. This is because tax laws are very intricate. One has to pay tax on his taxable income which usually includes salary, interest on investments, capital gains, prizes,...more
If you are like most California business owners, you are too busy running your company to also be able to devote the time it takes to keep up on the latest news about California tax incentives. This is the reason why many business people turn to a...more
As a rule, one pays income tax on personal earnings, incomes from self-employment, national insurance contributions, and any state pension that one receives. Income tax is also paid on savings and investments. And so, at times, it can become...more
Keep in mind, I am saying business adviser not tax adviser. Therefore, it is important that tax advice should be seen as business advice as the tax structure will affect the whole business.Adapt Correct Tax Order By: Dinesh Awasthi ...more
If you have filed taxes before, you know that it is not an easy process. Tax season is one big headache for some people.With the possibility of being audited by the government, it is that much more important to make sure you file your taxes exactly...more