You don’t have to be new to the self-employed to find contractor tax confusing. Even the most experienced contractors can be overwhelmed by the different rates, allowances and types of tax. With expenses, percentages and different tax bands to cater for, there’s a lot to take into account when working out what you owe. And, with it being such a hefty annual figure, it’s an important thing to work out well in advance to ensure you don’t get caught out at... ❯❯❯
Most Forex traders struggle because they run long before they could even walk. You could be excited, but it does not suggest that diving headfirst towards trading would get you anywhere. Just like all the other careers, you will need training for Forex trading too. A period of practical schooling followed by months of apprenticeship helps make traders fit for the industry. Here are the three main reasons why a forex trading course for novice traders is... ❯❯❯
Unsecured business loans are provided for startups but are rare sometimes. The reason for being rare is that they provide security from the lenders. One should always go through a guide before applying for unsecured business loans. One should always understand how business loans works and the options that are available or even how one can qualify for it. The rate is not fixed and donates the terms. The annual percentage rate itself varies from around 10%... ❯❯❯
The trend towards cashless transactions continues to increase over the years. More and more establishments avoid cash transactions, as this makes accounting more convenient and is generally safer than handling cash. Besides, online purchases are increasing as well, making it an absolute necessity for people always to have a credit card ready at all times. Having a credit card, though, can be tricky financially, as improper use could damage your credit... ❯❯❯
Life insurance policies come with a wide array of benefits, not limited to families alone. Such policies also play a significant role in protecting businesses and ensuring their continued operation should the inevitable come to pass. For small businesses, life insurance is paramount to future planning.
Life insurance can come in handy in helping businesses break free from traditional bank loans as well as benefit employees and generate tax advantages.
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In recent years, credit cards have become one of the most popular means of payment across India. According to data compiled by the Reserve Bank of India, there are currently 48.9 million active credit cards in circulation (as of August, 2019), almost a 10 million increase since last year. Such staggering growth is largely credited to the convenience these alternate modes of payment have to offer, along with the availability and ease of application... ❯❯❯
GSTR-9 signifies Goods and Services Tax Return filing that a registered taxpayer has to submit every year, irrespective of their annual turnover.
It primarily consists of information on taxes paid; Input Tax Credit earned and availed, details of inward and outward supplies, claimed refunds and demands as per the GSTR 9 format.
GST Returns – 9 carries all the income and expenditure details for that particular financial year, combining returns like... ❯❯❯
Starting your own business is a lifelong dream for many. It is not that great of a challenge in starting out as an entrepreneur. The biggest issue is how to sustain your small business venture. Well, it is known that a chain is no stronger than its weakest link. This translates into, the minor details that the owner of a business fails to notice or even ignore are the ones that affect the business negatively in a massive way. Why ignore such things yet... ❯❯❯
Omaha is a city located near the Iowa border. Founded in 1854, it is part of the Nebraska state in the U.S and home to Fortune 500 companies such as Con-Agra Foods, Mutual of Omaha, and Union Pacific Corporation. Over the years, Omaha has exhibited tremendous progress in attracting investors that would eventually help develop its banking, insurance, and investment sectors. Banks continued to grow while Omaha credit card owners from both the wealthy and... ❯❯❯
Owing to the ever-expanding global economy, there is a high demand for accountants and a large number of students are hoping to make a successful career in accounting. Accounting certifications include ACCA, AAT, CIMA, CA, out of which ACCA is considered the most prestigious certification. If you are also planning to pursue a career in the field of accounting, but confused between ACCA and a simple accounting degree, this article is useful for you. ... ❯❯❯
If you are a professional engaged in the health industry, it is a must to get an insurance policy in case you cannot work due to reasons like sickness or accidents. For that reason, insurance policies such as Doctors Income Protection are vital to have financial peace of mind in times of need. For those in the medical field, this insurance is more critical because they are most likely to be exposed to bacteria, germs, and other hazardous elements. ... ❯❯❯
The prospect of filing for bankruptcy can seem overwhelming. The reality is that bankruptcy filings are far more common than most people assume. In fact, from 2005 to 2017, nearly 13 million Americans filed consumer bankruptcy petitions in the federal courts. Several types of bankruptcy exist to help debtors find relief. The various chapters in the Bankruptcy Code are tailored to fit the full range of situations that consumers and businesses encounter. A... ❯❯❯
Proper accounting is an essential component of every well-run business. Accounting can be a complicated process, depending on the nature of your business. Taking care of your accounting can be too burdensome, and seeking professional help for the same is usually the best course. To hire an in-house accountant or to outsource your work to an independent accountant is a choice that needs deliberation. Take a look at the factors that should be considered... ❯❯❯
Some things in life are too scary to confront. Debt is one of them. For instance, they let the interest payment on their credit cards continue to accumulate because they insist on paying the minimum amount. Waiting for the monthly bills has become a stressful endeavor. So, they leave the envelope unopened. However, you have to face the music sometime. Your problems would not go out on their own. One solution is to get the services of a financial... ❯❯❯
In today’s day and age, we all want to do what is best for ourselves and for our family, which is why as early as we could, we try to plan out our future, especially in terms of finances. When it comes to handling money and making sure that you are ready for anything in the future, having insurance is essential. Today, a lot of strategies and techniques like bank on yourself exists to help you better grow your insurance. However, with the current health... ❯❯❯
Businesses are well aware that if they want to grow, they have to outsource certain operational aspects. From hiring tipper trucks or renting delivery vehicles, most of the steps in transporting support services and end products are getting monitored and outsourced. Due to this, more opportunities are given to operators of trucking companies. The issue now is not on the availability of customers, but on the cash flow of trucking companies to support... ❯❯❯
According to the results of a survey commissioned by NerdWallet, the average household in the United States has a revolving credit card debt balance of around $6,849, which amounts to an average of over $1,100 in yearly interest. The study also revealed that 10% of Americans with credit card debt need more than a decade to settle them, and 9% believed that they would not be able to pay them at all. If you are among the many Americans described above who... ❯❯❯
When a candidate applies for a job, what do you think is the average amount of time a recruiter takes to review their resume? Would you believe it’s just 7.4 seconds? And that’s improved 23% since 2012! That doesn’t give you much time to make an impression, so you better make sure it’s a good one. Here are three essential tips for making sure your resume stands out when you apply for that next accounting job. Make It Relevant If you’re using the same... ❯❯❯
The American Transportation Research Institute reported that trucking businesses spent almost $2 per mile and an average of approximately $84 an hour during operation. It is no wonder that many trucking firms go out of business if their services are not properly run and maintained, considering these narrow margins. Fortunately, the trucking fuel cards program emerges within the industry. Regardless of what types of trucking business you have, be it a... ❯❯❯
Most people assume that hiring a CPA (Certified Public Accountant) is only done for corporations or business taxes. Well, you also need to hire one for your personal taxes, and here are some of the reasons why you need to do so. Plan For Your Retirement CPAs can also help you plan for your retirement. Yes, you might have a few ideas on how to achieve a comfortable retirement but don’t know the right financial steps to take. Well, a CPA will help... ❯❯❯