Swindells Accountants & Tax Experts’ Post

It’s estimated that a significant percentage of businesses are not set up correctly in terms of legal structure, compliance, or tax considerations. Various studies suggest that anywhere from 20% to 50% of businesses may have some form of improper setup or compliance issue, such as choosing the wrong legal entity (e.g., LLC vs. S-corp), not registering for necessary licenses and permits, or failing to properly manage state and federal tax obligations. 🤯 These mistakes can lead to legal challenges, unexpected taxes, penalties, and other issues that can be costly and disruptive to business operations. The exact percentage can vary depending on the industry, location, and size of the business. 🫣 Thankfully I can help. 🙌 Message me if you’re concerned. Don’t wait till it’s too late. ⏰ 📩 @bizwithash @bizwithash @bizwithash #taxplanning #business #financehelp

In this thirty-first #TaxAlert for 2024, the #TaxAuthority has, in respect of the 2024 budget law, set #CapitalGainsTax from sales of property or shares on transactions occurring after 15.02.2024 @ 1% applicable till 31.12.2024 (exceptions apply on such transactions that had occurred prior to 15.02.2024 if the tax had yet been unpaid). Read more here. For questions on complying with these decrees, do not hesitate to reach out to us. #ComplianceFiling #alert #accounting #audit #LebanonTax #Lebanon

Navigating tax regulations and ensuring compliance is crucial for your business's health and success. Non-compliance can lead to serious consequences, including fines, penalties, and legal issues. At One Accountant, we specialize in helping businesses of all sizes stay on top of tax regulations and maintain full compliance. Our expert team provides: - Up-to-Date Tax Guidance: Stay informed on current regulations and changes. - Accurate Filing & Reporting: Ensure all your tax documents are filed correctly and on time. - Risk Mitigation: Avoid penalties and legal troubles with our thorough compliance strategies. Don't let tax issues derail your business. Contact us today to safeguard your financial future! 𝐎𝐧𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 – Empowering Your Business with Transparency and Trust Call +27 31 303 1378 – Email admin@1acc.co.za #oneaccountant #taxservices #accountant #financialmanagement #corporatefinance #financialmanagement #accountingservices #bookkeepingservices

Navigating tax regulations and ensuring compliance is crucial for your business's health and success. Non-compliance can lead to serious consequences, including fines, penalties, and legal issues. At One Accountant, we specialize in helping businesses of all sizes stay on top of tax regulations and maintain full compliance. Our expert team provides: - Up-to-Date Tax Guidance: Stay informed on current regulations and changes. - Accurate Filing & Reporting: Ensure all your tax documents are filed correctly and on time. - Risk Mitigation: Avoid penalties and legal troubles with our thorough compliance strategies. Don't let tax issues derail your business. Contact us today to safeguard your financial future! 𝐎𝐧𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 – Empowering Your Business with Transparency and Trust Call +27 31 303 1378 – Email admin@1acc.co.za #oneaccountant #taxservices #accountant #financialmanagement #corporatefinance #financialmanagement #accountingservices #bookkeepingservices

DPNs are being used more and more by the ATO to recover unpaid tax and superannuation debts from company directors. That’s why it’s crucial to know how you can reduce the risk of this happening to you. Here we provide 7 key tips. hashtag #taxdebt hashtag #ATO hashtag #taxaccountant hashtag #insolvency hashtag #jirschsutherland hashtag #accountantsandaccounting hashtag #businessturnaround hashtag #compliance

Mitigate Transfer Pricing Risks with Voluntary Disclosure As a business leader or tax professional, you understand the importance of transfer pricing compliance. But did you know that voluntary disclosure can help you avoid potential penalties, reduce risk, and improve transparency? By proactively addressing any errors or omissions in your transfer pricing documentation, you can: *Minimize risk of audit and scrutiny; *Avoid penalties and interest; *Enhance reputation and credibility; *Potentially reduce tax liabilities; and *Improve relationships with tax authorities. Our team at Taxation Helpdesk is experienced in guiding businesses through the voluntary disclosure process. Let us help you take control of your transfer pricing compliance and avoid costly mistakes. Reach out to us to learn more and schedule a consultation. #transferpricing #voluntarydisclosure #taxcompliance #riskmanagement #taxationhelpdesk

Let's talk about the pros and cons of your small business operating as an S Corp vs. a C Corp. If you are considering becoming an S Corporation, you need to file the paperwork. Both are corporations and both are protected by the same legal liability amounts. So what are some of the differences? If you're a C Corp, you are taxed on your earnings.If you're a S Corp, you are considered a flow through entity and you are taxed at the individual level. When the C Corp is taxed, they are then also taxed on the individual level. Ever head of double taxation from C Corporations? That is where it comes from. Even though the S Corp flows down to the individual and tends to be lower. Contact Jeff to learn more! #cpa #accounting #accountant #fiscallyfit #specialist #financial #taxes #smallbusiness #finance #financetips #personalfinance #smallbusinesssupport #smallbusinesstips #smallbusinesslove

Let's talk about the pros and cons of your small business operating as an S Corp vs. a C Corp. If you are considering becoming an S Corporation, you need to file the paperwork. Both are corporations and both are protected by the same legal liability amounts. So what are some of the differences? 1 - If you're a C Corp, you are taxed on your earnings.If you're a S Corp, you are considered a flow through entity and you are taxed at the individual level. 2 - When the C Corp is taxed, they are then also taxed on the individual level. Ever head of double taxation from C Corporations? That is where it comes from. Even though the S Corp flows down to the individual and tends to be lower. Contact Jeff to learn more! #cpa #accounting #accountant #fiscallyfit #specialist #financial #taxes #smallbusiness #finance #financetips #personalfinance #smallbusinesssupport #smallbusinesstips #smallbusinesslove

Unlock the power of strategic tax planning with JF Consultants! From tax compliance to audit support, our expert team is here to simplify complex regulations and optimize your financial strategies. 💼💡 📊 Minimize your liabilities with our tailored tax solutions. ✅ Tax Planning | Tax Compliance | Audit Support | Risk Management Get in touch today to ensure your business stays on top of its tax game! Faraz Yousuf Serial Entrepreneur | Business Consultant WhatsApp: +92 321 0008772 #TaxConsulting #BusinessSolutions #FinancialPlanning #TaxCompliance #JFConsultants #TaxExperts"

A lot of financially struggling small businesses have 10 out of 10 perfect compliance records. Because you get fined for non-compliance. You don't get fined for not managing your business properly, but the penalty will hit your hip pocked much harder than any late-lodgment tax fine. #smes #accounting #virtualcfo