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Tax ID Fraud is Taxing on Financial Institutions

Abrigo

Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention. Would you like other articles like this in your inbox? Stolen Identity Refund Fraud (SIRF) is a silent but dangerous aspect of the tax world.

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All About Filing Nil Income Tax Returns

BankBazaar

Amidst tax filing season, understanding the necessity of filing a NIL income tax return can save you from potential hassles and bring financial benefits. As tax season approaches, many people may wonder about the necessity of filing an income tax return (ITR) when their income falls below the taxable threshold.

Taxes 78
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French Lower Parliament Passes Big Tech Tax Bill

PYMNTS

France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google , Amazon and Facebook. Last month, France’s finance minister announced the 3 percent tax, which targets digital businesses with €750 million ($845 million USD) in global revenue and €25 million in domestic revenue.

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How To Claim Tax Break On An ELSS SIP While Switching Jobs

BankBazaar

This article should help you put all your concerns to rest. As per tax rules, you should make investment declarations to both your employers – your previous as well as your current. Additional Reading: Aditya Birla Sun Life Tax Relief 96. Additional Reading: Tax-Saving Options Beyond Section 80C. What Is Form 12B?

Taxes 179
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EU ‘Link Tax’ May Shutter Google News Abroad

PYMNTS

A “link tax” might mean the end of Google News in the EU. Richard Gingras, the search engine’s vice-president of news, said while “it’s not desirable to shut down services” the company isn’t happy with Brussels’ current proposal to charge a link tax for using news stories.

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Avoiding the crushing sound of tax season

Abrigo

“The hardest thing in the world to understand is the income tax.” Albert Einstein We could list many other amusing quotes about taxes and tax season. Tax season, as accounting firms know, is not just busy. Unless you intend to leave the firm, you're on board for taking care of whatever business tax season brings your way.

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Top 5 business valuation blog articles so far in 2017

Abrigo

The Sageworks blog has dozens of brief, timely articles to help business valuation professionals and accountants building their valuation practices learn new ways to run their practices more efficiently and effectively. Summer is a good time to catch up on novels and non-fiction books you have wanted to read for fun.