Born to a rich real estate investor father, Stephen Miller today has a net worth of $18 million. When his ancestors arrived in the U.S. a century ago, […]
Sick Pay and Your Tax Forms with Calculator
Sick Pay Key Points Definition: Plan must involve employer. Tax Withholding: Employer/rep: Tax required. Non-wage rep: Optional fixed rate. Third party: Only if requested. Non-Sick Pay: No employer […]
Ben Shapiro’s Israel Assets and Huge Inheritance
Regardless of how you feel about his contentious remarks, Ben Shapiro’s net worth of $65 million is undeniable. He is now facing allegations of tax manipulation involving an […]
Think the UAE Is Tax-Free? Here’s the Truth
I just got off a call with my UAE accountant that I trust because she basically leans on doing everything right. There’s a lot of accountants in the […]
Filing U.S. Taxes Is So Confusing and Stressful
Across the nation, Americans dig way down deep for our record-breaking income tax collection. It’s hard to relax with those tax forms on your mind, but don’t give […]
UAE Corporate Income Tax: Hot topics
Since the end of April, the Ministry of Finance (“MOF”) and the Federal Tax Authorities (“FTA”) have decided to publish every week the most expected decisions to clarify […]
Tax on Changes in Rates of Foreign Currency
The section states that if an assessee acquires an asset from a foreign country for business or professional purposes, and a subsequent change in the exchange rate of […]
Guidelines for Taxability of Gifts Received in Cash and Kind
In order to prevent the practice of receiving sum of money or the property without consideration or for inadequate consideration, section 56(2)(x) brings to tax any sum of […]
Tax Rules for NRIs Selling Property in India
When an individual sells property in India, taxation depends on the holding period. If the property is held for more than 24 months, it qualifies as a long-term […]
IRS: Tax Withholding and Estimated Tax 2024
When you figure how much income tax you want withheld from your pay and when you figure your estimated tax, consider tax law changes effective in 2024. If […]