Category
Accountant Guides

Filing as Head of Household Make Sure You Meet These Requirements
I had to switch from head of household to married filing jointly. This is a tax filing status for individuals who are not married and have a qualifying person or dependent that they care for more than half the year. The qualifying person or dependent must be a relative of yours, such as a child, […]

Flush out corrupt weevils The Zimbabwe Independent
It’s a stark reminder that the country’s economic elite are more focused on profiting from public money than investing in the real economy, prioritizing short-term gains over long-term sustainability. This raises questions about the accountability of the government and its ability to manage the economy effectively. The super-rich and influential individuals involved in this scandal […]

You Still Have Time to Make Tax Deductible Contributions to Lower Your 2024 Tax Bill
Understanding the Basics of IRAs An Individual Retirement Account (IRA) is a type of savings account designed to help individuals save for their retirement. This includes stocks, bonds, mutual funds, and more. Lower tax rates: Contributions to a traditional IRA are tax-deductible, which means you can lower your tax bill or increase your refund. Compound […]

Iheanyi Anyahara : Celebrating Career of Public Service Legacy of Integrity THISDAYLIVE
Dr. Anyahiara is a renowned expert in the field of financial reporting and has been a key figure in shaping the country’s financial reporting standards. Established the Nigerian Accounting Standards Board (NASB) to develop and implement accounting standards for the country. Developed the Nigerian Financial Reporting Standards (NFRS) to replace the old accounting standards. Collaborated […]

Let use banks financial institutions to promote tax compliance
Coffie, a renowned expert in taxation and accounting, pointed out that even though the current tax policy in Ghana is progressive, it has not been effective in reaching the majority of informal businesses and individuals who contribute significantly to the country’s economy. He emphasized that a more inclusive tax policy that targets these individuals and […]

EY Deloitte Digits tout agentic AI partnership with Nvidia
The company has made significant investments in artificial intelligence research, and it has also developed a range of products and services designed to support AI development. These include the Nvidia Jetson platform, which is designed to support AI development, and the Nvidia Drive platform, which is designed to support autonomous vehicles. EY and Deloitte’s partnership […]

FCT IRS shuts Cilantro Phase3 Telecoms others Blueprint Newspapers Limited
The two businesses are a restaurant and a bar. The FCT-IRS has been cracking down on unlicensed businesses in the territory, and this latest move is part of their efforts to ensure compliance with tax laws. The FCT-IRS has been working closely with the FCT Minister, Bello Matawalle, to identify and seal unlicensed businesses in […]

Tax bills : NAssembly urged to exclude VAT
Key Concerns and Criticisms The proposed tax law has sparked intense debate among economists and citizens alike, with many expressing concerns about the impact of the increased VAT rate on the economy and the general public. • The increased VAT rate will disproportionately affect low-income households, who spend a larger proportion of their income on […]

Critical Mistakes That Are Silently Sabotaging Your Business Efficiency – London Business News! What Are They? What Can You Do About Them?
Effective Task Prioritization Effective task prioritization is the key to unlocking productivity and profitability. It involves identifying and prioritizing tasks based on their level of urgency and impact. This approach ensures that the most critical tasks are completed first, while less important tasks are delegated or postponed. • Urgency: Tasks can be classified as either […]

2025 Federal Tax Brackets : Here Why Your Paycheck May Be Bigger This Year
Here’s a breakdown of the changes and what they mean for you. 10% for taxable income up to $11,600 12% for taxable income between $11,601 and $47,150 22% for taxable income between $47,151 and $100,525 24% for taxable income between $100,526 and $164,700 32% for taxable income between $164,701 and $214,700 35% for taxable income […]

Ally Financial Inc NYSE : ALLY Shares Purchased by Intech Investment Management LLC
Key Developments Intech Investment Management LLC increased its stake in Ally Financial Inc. by 9% in the 4th quarter. State Street Corp grew its holdings in Ally Financial by 5% during the third quarter. ANTIPODES PARTNERS Ltd now owns 2,956,037 shares of the financial services provider worth $380,981,Ally Financial Inc. Overview Ally Financial Inc. is […]

Divorce asset division : How maintenance division of property money joint assets are taxed
The concept of equitable distribution is central to this principle. ## Understanding Equitable Distribution Equitable distribution is a legal concept that aims to divide assets fairly between the parties involved in a divorce. The primary goal is to ensure that both parties maintain a reasonable standard of living, taking into account their individual financial circumstances […]