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A Guide to Navigating Taxes in the Gig Economy

Ronika Khanna CPA,CA

This is a significant increase from 2022 in which the analogous percentage was 13%. What is the Gig Economy? that generates revenues either via sales, ads or affiliate marketing. you don’t get a paycheque with deductions taken off from by an employer ) it is crucial that you understand your tax obligations.

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Five things we learned from the Xerocon London breakout sessions

Xero

Xerocon London 2022 boasted everything from inspirational keynotes, to major product announcements , and fantastic guest speakers. First, for policy, it means a progressive extension of HMRC’s Making Tax Digital (MTD) work. And finally, for law and practice, it means a reform of the tax administration framework itself. .

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Expanding your client base for accounting firm growth: How did your firm score this tax season?

ThomsonReuters

Each year, tax time is an opportunity to expand your accounting firm’s client base. That is a question firms should consider as they reflect on the tax season. Leading up to tax time, there are potential clients ranging from individuals to major corporations who may be on the hunt for a new tax preparer.

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Now the Profession Is Losing Experienced Accountants Too

Going Concern

Khokhar earlier this year joined JPMorgan Chase as a treasury sales associate in its commercial real-estate banking division. Here’s what’s concerning and what makes this particular accountant shortage article different from the thousand others that have come before it. Don’t blame me, blame WSJ.

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E-invoicing and tax compliance in an increasingly complex, ever-changing world

ThomsonReuters

Compliance may not be the most glamorous task facing indirect tax (IDT) teams, but the rapid pace of change in global regulations and reporting requirements is turning the humble compliance function into a rapid-fire gauntlet of continuous challenges. In the next two years, more than a dozen countries (e.g.,

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Tax Authorities Set an Aggressive Schedule for Global Minimum Tax

ThomsonReuters

In 2022, tax authorities around the world hope to finalize the myriad details that will shape a Global Minimum Tax on multinational corporations — if they can reach consensus and make it happen. Reuters noted that this is “an extremely tight timeframe given that previous international tax deals took years to implement.”.

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How Do You Start a Dropshipping Business? Start Dropshipping: A Beginner’s Guide

Snyder

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? What are the best products to sell online? What is a dropshipping business? What is a dropshipping business? More and more people are shopping online.