Archive for the ‘Tax Law UK’ Category

Freelancers using Contractor Accountants

Working as a freelancer, you will be taking up different contracts with different companies. However, you must remember that you are responsible for keeping your books in order and supplying all the relevant documents correctly to the HM Revenues and customs to avoid penalisation.
Many people find this sometimes difficult, having to function within a full [...]

Is it time to review my Estate Tax situation?

If you believe your family would have to pay an Estate Tax bill then it is worthwhile reviewing the situation as soon as possible. You may not need to action immediately but at least you would be aware of the most tax efficient methods of saving money. For example you should begin using your annual [...]

Divorce

About DIY Divorce

DIY divorce or do-it-yourself divorces are the latest scheme that does not involve hiring an attorney. Attorneys often handle court divorces when a couple who is married will not agree to the terms outlined by one or the other party.
DIY divorce is often considered when both spouses can agree upon a divorce. DIY [...]

Why You Should Avoid Paying Income Taxes with a Credit

Why You Should Avoid Paying Income Taxes with a Credit Card
We all agree that the credit card is very convenient. That is why the IRS allows you pay your taxes through it. To sweeten the deal, credit card companies offer rewards in the form of frequent flyer miles. So you can get a free air [...]

Why Paying Your Income Taxes with a Credit Card Is

Why Paying Your Income Taxes with a Credit Card Is a Rip Off
If you own your own business or have not been deducting enough from your paychecks each week, you will probably owe some income taxes when tax time rolls around. This is never fun, and if you do not have the money in your [...]

Wholesale Myth: Do I Need A Business License Or Tax

Wholesale Myth: Do I Need A Business License Or Tax ID?
One of the myths that are still prevailing in the wholesale business is the business license and tax I.D need in order to achieve wholesale success. It is a big mistake to get such an opinion as a fact and then making such message viral [...]

Types of Prepaid Legal Services

Over 100 million Americans are signed up for pre-paid legal services. Also
called legal insurance, these plans are similar to those provided by Health
Maintenance Organizations (HMOs) and cover the legal needs of the member,
spouse and any dependent children.
In a prepaid legal service plan, the customer pays a fixed monthly
subscription fee of up to $25 for [...]

Travel Nurse Employment: Tax Advantages of Per Diem Deductions

When you are a travel nurse, then you need to have a pretty good understanding of per diem rates and how they might lower your taxes. Many travel nurses believe that per diem is only a tax benefit that staffing agencies offer and yet, surprisingly, others do not. This misunderstanding about what per diem is [...]

The Truth about Cash Gifting and Taxation

Make no mistake: cash gifting is 100% legal in the United States and Canada. There has never been a law passed that prohibits us as individuals from sharing our assets, belongings or cash. It is a misconception to believe otherwise a misconception that can keep you in the poorhouse. From the [...]

The Fair Tax Revolution

Few people would expect a book about taxes to take The New York Times bestseller list by storm, but that’s exactly what The Fair Tax Book has done. For decades, Americans from every point on the political spectrum have moaned about April 15th and the maze of ridiculous instructions and high confiscatory taxation that accompanies [...]