Snowbirds Fly the Coop to Escape the Cold
For as long as memory serves, Canadians of retirement age have been moving south for the winter to escape the cold. This group of people are lovingly referred to as snowbirds. Despite the state of the dollar, Canadians are still holding to this practice. Currently stays of four months or less have allowed Snowbirds to maintain their US tax exempt status.
Ask These Five Questions to Your Prospective CPA Firm
Looking for an accounting firm that can offer genuine assistance and services with tax related matters? Read on to find the questions that you must ask before taking the call.
The Self-Assessment Tax Filing: The Good, The Bad and The Ugly
Filing for Self Assessment is a regulatory requirement under the Ghana Income Tax Act, 2015 (Act 896), however, the enforcement of this provision is still questioned by most industry players. Despite that, does complying itself has any benefit to a business?
Things Worth Knowing About Business Setup and Consulting Services
Want to start your business? You need the assistance of a reliable business setup and consulting service. Read on to find more relevant aspects.
Using Gifts to Avoid the US Estate Tax
The U.S. estate tax and U.S. gift tax are similar but not identical taxes. The first is a tax on what a person owns at death (the estate). The tax is paid by the estate after death. The second tax is imposed on all gifts of property made during a person’s life and if paid by the person making the gift (the giftor). In principle, the gift tax applies to transfers of property that would otherwise have been part of the estate and subject to estate tax at death.