What are capital allowances?Capital allowances allow taxpayers to get certain reliefs on capital expenditures by allowing deductions from their annual taxable income. Not all expenditures...
Posted by CORE PERFORMANCE on 05/27/2022
All businesses, big and small, face uncertainties. The significant difference between the two is that big businesses are more equipped with resources to absorb the shocks. Small businesses...
Posted by BEST FINANCIAL GROUP LTD on 03/10/2022
Hiring your kids to do legitimate work for you has always been an excellent tax strategy if you own a business. Want to know why? When you hire your kids as employees of your...
Posted by BEST FINANCIAL GROUP LTD on 02/15/2022
Real estate has long been seen as a safe investment, whether you are a homeowner, investor, or tenant. If you have the money, you can expand your portfolio in the luxury real estate...
Posted by James Financial Services Inc on 07/31/2021
All businesses have to pay different types of taxes, some easier to understand than others. Corporate taxes are of different types: federal, state, and local.There are also different...
Posted by Abundant Wealth Planning LLC on 03/28/2021
Suppose you have an investment property, such as a house, apartment, condominium, or commercial property that you rent out. In that case, you usually have to pay capital gains tax...
Posted by James Financial Services Inc on 03/19/2021
People that own a car or a truck will not be strangers to property taxes. These are taxes levied by the local government. The government uses the money majorly for projects and other...
Posted by James Financial Services Inc on 08/30/2020
Do you own a house or car? Then you’re probably familiar with property taxes. These taxes are levied by local governments and use the money to pay for projects and services for...
Posted by BEST FINANCIAL GROUP LTD on 06/22/2020
Your property taxes are set to rise substantially, if you reside in certain areas of the city of Chicago. You could end up paying 11 percent more than you currently do.The rise in...
Posted by BEST FINANCIAL GROUP LTD on 10/25/2019
