It’s tax season and as uncanny as it may sound, hundreds of small businesses happen to overpay their taxes. The major reason behind this phenomenon is that the business owners miss out on numerous legitimate deductions. John Gregory, tax practitioner and founder of 1040Return.com, shares 5 tax deductions for small business to […]
Good governance Tax power awareness creation at Kibra
Good governance Tax power awareness creation at Kibra By WANJALA B. DANSON The government estimates it loses over Ksh 100 billion annually in activities related to tax evading either by individuals or companies. However, only o.7 billion collected is allocated to health ironically to promise President Uhuru Kenya fulfilling of providing free maternity health Kenyans. […]
5 Little Known Tax Deductions that Are Worth Taking
When it comes to filing taxes, it’s important to look for deductions that can be taken beyond the most common ones. Deductions are one of the ways that people can reduce their tax liability. While accountants may know the full scoop on the many deductions that are available, most individuals doing their taxes do […]
Tax Tips for Those Who Started a Business in 2014
According to the Small Business Administration, there are around half a million new businesses opening their doors each year. Many of the new businesses started in 2014 are considered small, joining the ranks of the nearly 28 million small businesses around the nation. With tax season upon us, it’s important that these new entrepreneurs […]
Tax Tips for Those Who Started a Business in 2014
According to the Small Business Administration, there are around half a million new businesses opening their doors each year. Many of the new businesses started in 2014 are considered small, joining the ranks of the nearly 28 million small businesses around the nation. With tax season upon us, it’s important that these new […]
Top Features to Look for When Choosing Tax Preparation Software
Tax preparation software has made big advances in recent years. Tax software is indeed a boon for people who do their taxes themselves. For those opting to not use the services of professional tax preparers, they can invest in good tax software to make the process of tax computation easy and quick. Before choosing […]
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