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Sponsoring departments making service or honorarium payments to international visitors who are residents of tax treaty countries should arrange for in-person interviews for their visitors with Tax Services. If a visitor does not speak English, the sponsoring department should also arrange for an interpreter to be present at the interview. ITINs that have not been used on a tax return […]
For the most part, any time you buy a stock, you’ll be buying it on a secondary market. There are exceptions, like if you participate in an employee stock ownership plan, but even in these instances you would likely need to sell the shares on a secondary market. The term ‘secondary market’ may also mean a market for any assets […]
The important thing here is that if your numbers are all up to date, all of your liabilities should be listed neatly under your balance sheet’s “liabilities” section. No one likes debt, but it’s an unavoidable part of running a small business. Accountants call the debts you record in your books “liabilities,” and knowing how to find and record them […]
Learn how to build, read, and use financial statements for your business so you can make more informed decisions. At Alaan, our Corporate Cards offer real-time visibility into team expenses, allowing you to streamline vendor payments and maintain better cash flow control. For example, taking on a loan to invest in equipment or expansion can help a business grow. However, […]
Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing. In case if the capital gain bonds are converted into cash before the period of maturity, then the amount so invested on which tax exemption was claimed, shall be taxable as long-term capital […]