This often asked question is enough to make the most mild-mannered accountant throw their calculator to the ground in a hissy-fit. So let's see if I can't explain at least a little about how/why we charge what we do at Grow Accounting and maybe also help...
A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government (IRS)....
If the end of a financial year is fast approaching, now is the time to review your investment situation and take the opportunity to minimise you tax obligations and keep your funds in your pockets. Below is a number of tax planning hints, clues and instances that...
We get asked regularly how to calculate capital gains tax on the sale of a real estate property so we decided to give you an example so you can see how it works.Please note this calculation is applicable for individuals only (not a SMSF or company) Very simple...