Every year, tax season is a time of headaches and irritation. There are many reasons for this, but ultimately, filing taxes is a frustrating, time-consuming, and often confusing endeavor. Today, we provide tips for making the yearly journey we all embark on each year to make filing taxes just a little bit easier. We hope […]
If you’re looking for a type of mutual fund that lets you generate wealth while saving on taxes, Equity-Linked Savings Scheme (ELSS) is your best bet. This is the only type of mutual fund that lets you save up to Rs. 1.50 lakh on taxes under section 80C of the Income Tax Act,1961. However, don’t […]
It’s rather common for small businesses to face the daunting power of the Internal Revenue Services (IRS) if it’s behind on tax debts. Worst of all would be the various methods that the IRS can use to collect these taxes from the small businesses, most of which would spell doom for them. However, the good […]