It may feel a little early to worry about it, but now is the perfect time to start thinking about the season of giving. Christmas and Hannukah is not just a good time to give presents to those we love—it’s also an excellent opportunity to make charitable gifts. Not only will you feel good about…
Thousands of foreign-owned companies, lots of them from the United States, are benefiting right now from the easy regulation and relaxed tax regime surrounding the dozens of free zones which have been set up in the United Arab Emirates (UAE) over recent years. A highly developed business banking sector, driven by multinationals with a long…
Last week the majority of us had to have our tax returns filed With the IRS. Some of you will probably have a tax return check headed your way. Unfortunately I am not quite so lucky. Being self employed I pay estimated taxes each quarter based on my income from the year prior. Well needless…
It is the first part of February so that means it is time for myself and most people to start working on their taxes. Although I tend to find myself procrastinating on a lot of things throughout the year my taxes are not one of them. Before you begin doing all of the work whether…
Every year many Americans count on their homes mortgage to save them on their taxes. Mortgage tax deduction is one of the largest tax deductions we have and over the past two months Congress has started talking about whether or not it should be eliminated or reformed. Today this deduction allows Americans to deduct up…
The government wants their piece of the pie. You may not think the government knows what they’re doing in Washington, but when it comes to getting their cut of your money, they know exactly what they’re doing. Every April 15th is like high school graduation for the government: everyone is writing them a check. The…