The Tax Preparation Blog

Archive for March, 2007

Question: Where can I get the newly updated tax table of the Philippines?

here in the internet?

thanks in advance…=)

Answer: Is this the one you were looking for?

Glatfelter to Acquire Airlaid Non-Wovens Manufacturer Concert Industries Corp.

YORK, Pa.—-Glatfelter , a global manufacturer of specialty papers and engineered paper products, today announced that it has signed a definitive agreement to purchase Concert Industries Corp. from Brookfield Special Situations Management Limited, an affiliate of Brookfield Asset Management Inc. for Canadian $246.5 million .

Pinoy Memories 36

Question: I have to amend my tax return this year. I forgot about a missing w2. Anyone amend before? ?

I filed through turbo tax and I will amend through them as well. Is the process as annoying as it looks/seems?

Answer: Just go line by line and enter last years info and make corrections on the wages lines. You will be fine

France Uses Tired Media Playbook to Push ‘Google Tax’

French President Nicolas Sarkozy Thursday made official he’s thinking about taxing foreign internet companies who do business in his country, an initiative colloquially referred to as “Th…

MeltDown #484 EMERGENCY ECONOMIC STABILIZATION

Question: What kind of jobs (paid) can you get relating to accounting while pursuing for a BBA in Accounting?

I am currently a sophmore and just finished an introductory course in Accounting.
I am training and reading info on the current tax laws to volunteer as a tax preparer for a non-profit organization for low-income individuals.
However I am wondering with the knowledge I receive in Preparing Tax Returns, if I could land a paid job while I am in school to pay for college expenses and etc.
I have researched H&R block and those Tax Services but I don’t know if the training I have to go thru is worth my time.
If you have any ideas please let me know.

Answer: Being a paid preparer for H&R Block or any one of the large tax preparation firms is good training for you. It reinforces a lot of what you have learned, and will be learning in the classroom. I think it’s a good idea.

Property taxes targeted in bill

State budget woes may stymie many of the bills introduced this session in the Missouri General Assembly, but State Rep. Marilyn Ruestman said she hopes she can get passage of a measure that would provide property tax relief for homeowners.

Enrolling In a Income Tax Course

Law and Accounting firms network is a membership organization consisting of independent law & accounting firms that are casually associated to one another with the objective of serving one another’s customers where the individual firms are not allowable to practice or do not have their own physical offices.

There are no hard and fast rules, networks tend to consist of small to medium-sized firms, or at least firms that focus on a particular geographic area. Networks often offer their members exclusivity, meaning that another firm can not be confesses on their territory. Such an arrangement ensures maximum referral opportunities and minimal conflicts of interest. As networks are membership organizations, firms are free to leave the organization by not renewing their membership at the end of the year. And by the same, networks are often able to terminate the membership of any member that is involved in mismanagement or unable to meet the service standards expected.

Services provided by Accounting and Law Firms Network

These are the services providing by International network of Law firms & accounting association:-

1. Formation of companies and other corporate entities.
2. Auditing and accounting services.
3. Establishment of subsidiaries, branches and representative offices.
4. Creation of joint ventures, partnerships & other forms of association between companies.
5. Mergers and acquisitions through share purchase or asset deals.
6. Litigation or arbitration in the most appropriate jurisdiction.
7. Liquidations and dissolutions.
8. Management and/or formal recovery assistance.
9. Advice on all aspects of corporate and personal insolvency.
10. Legal and accounting assistance in project financing.
11. Tax consulting regarding structuring, operation and repatriation of cross-border investments.
12. Agency, distribution, franchise and licensing agreements;
13. Intellectual property rights.
14. Advice on labor law, employment contracts, remuneration and severance packages;
15. Immigration and foreign residency requirements.
16. Advice related to residential and commercial property, as well as other real estate matters.
17. Advice with respect to family law, estate planning and administration.

Whether you intend to trade in another country, open a foreign office, establish a business abroad or simply require national assistance, International network of accounting firms & law associations are always ready to help you.

Funtalk China Holdings Limited Reports Fiscal 2010 Second Quarter Financial Results

BEIJING, Jan.

Tax Director – Indirect / Sales & Use (corporate psn)

Question: Question about CANADA self-employment & income tax!?

I am sick of reading and going through tons of forms and websites, so if someone can give me a more realistic answer I would appreciate it.
I have just started a new job (SELF-EMPLOYED) doing translations and I will be earning about 3000 dollars a month.

Could some one tell me how much in all (maybe a percentage) of my monthly earnings I would have to pay as income tax, CPP, EI and the likes?

I live in Halifax, Nova Scotia.

Thanks!

Answer: EI – you’re EI exempt since you’re self employed, so you don’t pay EI, nor are you entitled to claim EI.

CPP – you have to remit 9.9% of your income to the CRA for CPP. The first $3,500 of income you earn is CPP-free and everything from $3,500.01 to $44,900 is subject to the 9.9% tax

Finally income tax is remitted using the formules laid out by the CRA. Probably the easiest way to calculate it is from the CRA’s calculator at http://www.cra-arc.gc.ca/eservices/tax/business/pdoc-e.html

Also you’re going to have to register your self-employed business with the CRA.

David Bond

What fate awaits the England manager?

President Obama Holds a Health Care Town Hall at AARP