If you’re someone who was born outside of Portugal and now lives there or someone who is considering moving to Portugal, there are some pretty big tax breaks available to foreign residents of Portugal. The following will explore everything you need to know about these tax breaks and qualifying for them. Of course, everyone’s financial standing and needs are going to be … [Read more...] about The What, Why & How of Portugal’s Non-Habitual Resident (NHR) Regime
Taxes
4 Ways to Be Eligible for the IRS Fresh Start Program
Tax time rolling around can become a very stressful time for many Americans. Not only can they be complicated to file in some cases, but many people may also find them behind on their taxes, owing money to the IRS due to an inability to pay in the past. While struggling with taxes can feel like a difficult problem that you need to take on alone, that isn’t actually the case. … [Read more...] about 4 Ways to Be Eligible for the IRS Fresh Start Program
A Quick Guide to a Stress-Free Tax Season for Businesses in Canada
Many small business owners are stressing about missed deadlines and filing mistakes. The Canada Revenue Agency (CRA) can impose fines on entrepreneurs who do not pay their taxes on time. Fortunately, you can reduce stress by getting some of the crucial work done early. Read on and learn three easy tips to avoid fines when filing taxes. Know the Taxes You Need to Pay In … [Read more...] about A Quick Guide to a Stress-Free Tax Season for Businesses in Canada
3 Tips to Avoid a Small Business Tax Audit
Filing your business taxes provides the IRS with important information regarding your company’s total costs, income, and any tax deductions you’re claiming from the previous year. If you give the IRS reason to believe that you cheated in filing your business returns, they might decide to commit resources just to ensure that you reported accurately. Receiving an IRS tax audit … [Read more...] about 3 Tips to Avoid a Small Business Tax Audit
Useful Pieces of Advice on How to Properly Deal With Your Tax Debt
No one likes owing money to the government, and tax debt is no exception. If you find yourself in this situation, it's important to know that you're not alone and there are steps you can take to minimize the impact on your life. Here are some useful pieces of advice on how to properly deal with your tax debt. Don't Ignore The Problem We've all been there before. We get a … [Read more...] about Useful Pieces of Advice on How to Properly Deal With Your Tax Debt