Tax

Looking to explore the lucrative world of online commerce? Ascend CapVentures strategises eCommerce by helping with licensing, product sourcing, reviews, tax and more

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Looking to explore the lucrative world of online commerce? Ascend CapVentures strategises eCommerce by helping with licensing, product sourcing, reviews, tax and more

The rise of cyber-shopping has created prospects for investors and business owners. Ascend CapVentures, a leader in this field, presents an opportunity for individuals seeking to explore the lucrative world of online commerce. What Does Ascend CapVentures do exactly? Founded in 2020 by Will Basta and Jeremy Leung, Ascend CapVentures is a leading wholes distributor … Read more

Breaking News! IRS Grants Two-Year Delay in Roth Catch-Up Requirements

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Breaking News! IRS Grants Two-Year Delay in Roth Catch-Up Requirements

The Internal Revenue Service (IRS) released guidance on Friday afternoon that addressed Section 603 of the SECURE 2.0 Act concerning Roth catch-up contributions. The guidance grants a two-year delay in the provision’s effective date that mandates catch-up contributions must be Roth for those earning more than $145,000. More specifically, catch-up contributions can now be made … Read more

Tech News: OpenEnvoy guarantees 100% accuracy in data extraction with AI

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Tech News: OpenEnvoy guarantees 100% accuracy in data extraction with AI

Tax compliance platform Avalara announced expanded collaboration with Oracle to build its capacities into Oracle Fusion Cloud Enterprise Resource Planning. Customers will also have access to additional compliance solutions, including exemption certificate management, business licensing, cross-border compliance, e-invoicing, and more. … Accounting software provider Xero today announced the PKF U.S. firm — PKF Mueller and … Read more

Local businesses preparing for tax free weekend

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Local businesses preparing for tax free weekend

AMARILLO, Texas (KFDA) – With the Tax free weekend beginning today and running through Sunday, shoppers can support local businesses while saving money on tax free purchases. The State Comptroller says Texans have saved more than $1.3 billion dollars in State and local taxes since the tax free weekend began in 1999. Many restaurants are … Read more

France is raising taxes on flights to pay for trains: Should other European countries do the same?

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France is raising taxes on flights to pay for trains: Should other European countries do the same?

Train travel is often more expensive than flying. Could taxing aviation to invest in the rail industry help change that? France will increase taxes on flights to invest more in its railways, the country’s Transport Minister Clément Beaune announced this week. ADVERTISEMENT The move aims to make train travel more appealing by closing the price … Read more

US should extend EV tax benefits to Vietnam, says business lobby

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US should extend EV tax benefits to Vietnam, says business lobby

People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo WASHINGTON, Aug 3 (Reuters) – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark … Read more

State to adopt new tech solutions to check tax evasion, says Punjab minister Harpal Singh Cheema

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State to adopt new tech solutions to check tax evasion, says Punjab minister Harpal Singh Cheema

Punjab finance and taxation minister Harpal Singh Cheema on Thursday said that the state taxation department will adopt the latest software and technological solutions to strengthen its digital tax administration to meet the challenges of the environment in which businesses are operating. Punjab finance and taxation minister Harpal Singh Cheema. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Chairing … Read more