If you use a vehicle for conducting business, you can deduct certain automobile tax expenses from your tax bill. This is true even if you use the vehicle for personal and business needs. Automobile Tax Expenses The powers that be have historically written sections into the tax code promoting business activities. One of the traditional write-offs has always been the…
Tag: Tax
China Company Start Up Checklist Part 2
This Article is a continuation of “China Company Start-up Checklist, Part I”. The following activities must be taken within 30 days of the issuance of the Business License: (1) Engrave the Enterprise’s Official Seal This requires advance approval from the municipal Public Security Bureau (the police). Documents include: the original business license and a copy, letter of introduction signed by…
Buying Property In Spain
Every year many thousands of properties in Spain are sold to foreign investors. What is the attraction? Firstly the country has a great climate and that is particularly appealing to those people living under the grey skies of northern Europe. Getting there is both quick and relatively cheap. A flight from London in the United Kingdom to Malaga on the…
College Planning
Whether you are a parent focused on the education of your children, a grandparent interested in helping your grandchildren, a student taking accountability for your life, or an adult desiring to pursue an education, nothing you do will ever be as valuable as acquiring and implementing knowledge through education. It positions you to take action with what you learn. Knowledge…
How Wealth Tax Is Better Than Income Tax
Wealth Tax Do you want to move money from the wealthy to the poor? Well, tax wealth. Wealth tax causes far less market distortion, and hence, much fairer than income tax. Wealth tax hurt productivity less. If you live in a capitalistic country, then your income is yours fairly. However, Bob’s wealth might not be traceable to productivity. Bob might…
Looking For Work In Spain
Am I allowed to work in Spain? All EU citizens have the same right to live and work in Spain as a Spaniard and do not require a work permit. I don’t speak Spanish, what are my chances of finding work? This can be a big barrier and will narrow your opportunities. However, non-Spanish speakers will have more success in…
Alas In E Commerce Taxland
In trying to comply with tax laws for your e-business, you may find yourself falling down the rabbit-hole, going through the looking glass, and attending a Mad Tea-Party. Common sense, logic, and fairness never did apply fully to the field of taxation but this is especially true of e-commerce transactions. 1. Canada Customs Welcomes You to Canada! Since I`m located…
Irs Simplifies Reporting Requirements For Corps And Shareholders
The IRS is heavily promoting electronic filing options. This promotion has run into problems with corporations because of complex regulations. The IRS is now moving to correct this problem. IRS Simplifies Reporting Requirements for Corps and Shareholders Corporate tax filings are legendary for their complexity, number of forms that must be filed and general burden they create. Large, publicly traded…
Locating A Down Payment
Locating a Down Payment If you are a saver, and many of you are, than the need to locate a down payment will not be an issue for you. But there are also many of us out there that have not had the luxury to save as much as we would have liked for various reasons. With this challenge at…
Tax Savings Tips For Parents
Ask any new parent, and they will tell you that the costs associated with a new baby are many, everything from bottles to diapers to cribs, strollers, and high chairs, and all of this before the child even learns to walk and talk and beg you for a pair of $500 designer jeans. Parenting is one of the most rewarding,…