Tax Executives Institute’s Post

New year, fresh news! 📰 Get up-to-date with the latest tax policy, news and important accounting deadline dates with our monthly breakdown. Read more at https://lnkd.in/e3-32zfK This is a good time to start planning your tax affairs before the end of the tax year on 5th April; this month's Bulletin focuses on some key focus areas to consider. 🤔 Did you know that you can sign-up to our mailing list so that you'll be notified each time we publish some fresh news?! Simply visit the link above and submit the form. #ParsonsAccountants #TaxNews #TaxUpdates #Tax #TaxPolicy #AccountingNews

⏳ 𝗧𝗮𝘅 𝗗𝗮𝘆 𝗶𝘀 𝗙𝗮𝘀𝘁 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴! 🗓️ With that said, if you’re considering filing for a #TaxExtension, here’s what you need to know: 1️⃣ 𝘿𝙚𝙖𝙙𝙡𝙞𝙣𝙚 𝙀𝙭𝙩𝙚𝙣𝙨𝙞𝙤𝙣: Filing an extension gives you until October 15th to submit your tax return. Remember, this extension allows more time to file, not to pay any taxes owed. 2️⃣ 𝙊𝙬𝙚𝙙 𝙏𝙖𝙭𝙚𝙨: If you expect to owe taxes, you will need to estimate and pay by the April deadline. This is crucial to avoid penalties and interest. 3️⃣ 𝙁𝙞𝙡𝙞𝙣𝙜 𝙛𝙤𝙧 𝙀𝙭𝙩𝙚𝙣𝙨𝙞𝙤𝙣: To request an extension, file Form 4868 with the IRS. Need help? Our expert team can ensure this is done accurately and timely. 4️⃣ 𝙎𝙩𝙖𝙩𝙚 𝙏𝙖𝙭 𝙍𝙪𝙡𝙚𝙨: The extension applies to your federal return. State tax rules may vary, so if you need guidance on state tax extensions, we're here to assist! Have questions or need support with tax extensions? Our team is here to help! Reach out to us as soon as possible to ensure we can get everything done in time 🤝 #TaxDay #TaxTips #Taxes #TaxDeadline #BNACPA

📚 Stay Informed with Our Compliance Blog: Your Go-To Source for Tax Updates and Insights! Dive into the world of tax compliance with our informative blog, delivering the latest on new taxes, state rate issues, and more! 🌐💼 🔍 What You'll Find: 📈 New Tax Developments: Stay ahead with updates on evolving tax regulations. 🗺️ State Rate Issues: Navigate the complexities of state-specific tax rates. 🧑💼 Expert Insights: Benefit from expert commentary and actionable advice. 📰 Timely Updates: Keep your finger on the pulse of the ever-changing tax landscape. Don't let compliance complexities catch you off guard – empower yourself with knowledge. Explore our Compliance Blog for valuable insights to keep your business tax-ready! Here is an article that will help: https://buff.ly/48DYivn 🚀🔗 #ComplianceBlog #TaxUpdates #BusinessInsights

Tax Buzz Alert! 'Tis the season to file your taxes! Here’s what you need to know about the tax filing season, starting with auto-assessments to streamline filings, key tax filing dates for 2024, and the importance of ensuring that SARS has the correct banking and contact details for taxpayers. Follow our social media for tax updates and register for our tax filing season webinar titled ‘Mastering Tax Filing Season 2024: Free One-Hour Dive into SARS Filing Season Updates!’ on 4 July at 10:00 (SA time). https://bit.ly/45PHRvd Read the full alert here: https://bit.ly/3xJAZTF #TaxSeason #eFiling #SARS #Tax #Webinar

The following is an overview of some of the tax news and legislative proposals discussed or introduced over the past week.

Never miss a beat during tax season! 😎 Laminate our essential Quick Tax Cheatsheet and keep it on you for instant access to critical tax insights. 🔥 Sneak a peek - https://lnkd.in/e26A6bDD #cpa #cheatsheet #guide #clients #taxes #info

On May 15, 2024 the four coalition parties PVV, VVD, NSC and BBB published their general agreement ‘Hope, Courage and Pride’. The general agreement and the budgetary appendix provide insight into the main features of the tax plans of the new coalition government. In this memo we discuss the tax measures. #tax #Meijburg #KPMG #updates

Provisional Tax Payers Reminder The tax deadlines for the submission by provisional taxpayers – 24 January 2024 - Today. To understand what provisional tax is feel free to access a previous article we put out on this very topic. Access the full article: https://lnkd.in/dHqDp8q3 Additional information on tax payers who don’t need to submit a return, and auto assessments access the article: https://buff.ly/44oakqm In the event that you have more complex tax matters, or any other queries related to personal income tax, please contact our offices for assistance. 011 476 1112 info@wvdw.co.za #WVDW #WVDWFinancialServices #bookkeepers #accountants #Director#Employee #Tax #TaxReturn #IndividualTax #IndividualTaxpayer#IndividualTaxReturn #PersonalTax  #SARS #ProvisionalTax Kindly note this article is intended for general information purposes only and does not constitute accounting, tax, nor regulatory related advice. Should you need advice, please contact one of our practitioners.

What is Tax Credits? In the field of taxes, tax credits are crucial since they provide a useful chance for taxpayers to lower their tax obligations. Nonetheless, a lot of people find it intimidating to comprehend the complexity of tax credits. We will explore the idea of tax credits in this comprehensive guide, as well as their various varieties, qualifying requirements, and potential advantages for taxpayers. Read more: https://lnkd.in/gywZ7BMv Book your free consultation now! https://lnkd.in/d_rbANc9 #accounting #finance #tax #smallbusiness

The Tax Foundation created a fascinating historical repository of legislative tax data. https://lnkd.in/eq_62vkZ #taxpolicy #taxhistory #TaxFoundation