Tax free shopping- shopping without paying any tax. Doesn’t that sound exhilarating? Shopping is fun and if you can shop without digging deep into your pocket, it is like icing on the cake! Did you know Louisiana was the first state in the U.S. to offer sales tax refunds to worldwide tourists? You will find [...]
When the tax rush accelerates, there are lot of scams and fraudulent cases commonly noted by most of the taxpayers. One such scam is the emails. Scammers have copied your agency’s logo and will apply many tricks to avail your personal accounting information. Be cautious, be aware, and don’t give any information! Fake emails, sometimes [...]
Getting extra bucks in your pocket? Thanks to the payroll tax holiday deal which has reduced the employee’s social security tax from 6.2% to 4.2%. The government wants you to spend this amount on vacation, ipods and diners. So, what’s ur plan? If you are getting a salary of $50,000 then the 2% of it [...]
What will happen to an individual when he is overburdened with the taxes and if he is still unable to pay them? According to the regulations he has go to exile – tax exile. Whenever a person is over-burdened with taxes and he decides to leave the country then he is known as tax exile. [...]