ThomsonReuters

FEBRUARY 9, 2024

In this blog, we will dive into the details of four notable tax laws that have been introduced into legislation and deserve our attention. What does this mean for my firm? Addressing income equality: The Tax Excessive CEO Pay Act targets corporations with high CEO-to-worker pay ratios to narrow income disparities.

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Cheap Accounting

AUGUST 31, 2023

Entering the world of self employment and being your own boss is extremely exciting. Whatever the size or structure of your business dealing with your accounts and tax returns comes with the territory. As soon as you start to trade or operate your business you’ll need to register with HMRC.

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ThomsonReuters

OCTOBER 12, 2023

Jump to: What is foreign income? What is FEIE? How to report foreign income What is Form 1099-DIV? Tax implications for owning property abroad What is FATCA? citizens living abroad or earning income from foreign sources, questions often arise on how the U.S.

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ThomsonReuters

SEPTEMBER 8, 2023

Jump to: What are the main types of business ownership? What is a C corporation? What is an S corporation? What is an LLC? Many entrepreneurs wonder what types of business ownerships are possible and how to determine which one is right for their business.

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Menzies

MARCH 6, 2023

Article curated by Assistant Manager Conor McManus The next budget will be Spring and we expect the Chancellor to; raise Corporation Tax rates to a headline rate of 25%, reduce the Capital Gains Tax annual exemption amount from £12,300 to £6,000 , and reduce the dividend allowance from £2,000 to £1,000. Outright gifts?

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ThomsonReuters

OCTOBER 12, 2023

Jump to: What is the foreign tax credit? What is Form 1116? What is a high tax kickout? Let’s explore the fundamentals of the foreign tax credit and discuss how tax professionals can best assist clients in claiming it. What is the foreign tax credit? federal income tax liability. federal income tax liability.

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ThomsonReuters

JANUARY 9, 2024

Jump to: How are C corporations taxed? How do C corps file taxes? How can C corporations reduce their taxes? But what does that mean for your taxes? But what does that mean for your taxes? How are C corporations taxed? When are C corp taxes due?

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