Tax Preparation and Filing

How Offshore Accounting Teams Stay Updated
Accounting Tax Preparation and Filing

How Offshore Accounting Teams Stay Updated on Global Tax Changes & Avoid Compliance Risk

A Deloitte survey found that only 37% of tax departments have fully implemented tools to monitor global tax changes, while 24% plan to implement a tax-custom ERP within a year. (Source) Offshore teams bridge these gaps,...

One-Big-Beautiful-Bill-Act
Tax Preparation and Filing

One Big Beautiful Bill Act: What Tax Pros Need to Know About the New Rules, Risks, and Rewards

If you’re in accounting or tax planning, you’ve probably already heard the buzz: the One Big Beautiful Bill Act (OBBBA) is here and it’s not just another tweak to the system. It’s a massive piece ...

US REMITTANCE TAX UPDATE
Tax Preparation and Filing

US Remittance Tax Reduced to 1% for Immigrants: What You Really Need to Know

Let us start with this: if you’re working, studying, or living in the US and sending money back home, this change matters. The new US remittance tax has been reduced from a potential 5% to 3.5%, and now stands at o...

Investment-Boost
Tax Preparation and Filing

Investment Boost: A New Tax Break for NZ Businesses

If you run a business in New Zealand, there’s great news: the government is giving you a new way to save on tax when you buy new business assets. This new rule is called Investment Boost. It starts on 22 May 2025 a...

Pros-and-Cons-of-Outsourcing-Tax-Preparation-Services
Tax Preparation and Filing

Pros and Cons of Outsourcing Tax Preparation Services

Outsourcing tax preparation services isn’t just for giant corporations anymore. From lean startups to tax-burdened small businesses, more people trust external experts to handle their returns. But is it smart to ha...

Canada Tax Season
Tax Preparation and Filing

Canada Tax Season Deadline 2025: Last-Minute Tax Filing Tips

April is speeding by, and so is your time to file your Canada tax return. If you’re reading this and still scrambling through receipts, income slips, or client folders, don’t worry. You’re not alone. Ma...

Optimizing-Tax-Reduction
Tax Preparation and Filing

Optimizing Tax Reduction with Health Savings Accounts (HSAs)

Health Savings Accounts (HSAs) are one of the best but least exploited methods of reducing taxable income and building wealth over the long term. Most professionals and businesspersons do not perceive the enormous opport...

2025-Estate-Tax-Changes
Tax Preparation and Filing

2025 Estate Tax Changes – What U.S. Residents Need to Know

Why is the Tax Cuts and Jobs Act 2017 in the news again, and what’s the sunset provision? If you are a US citizen, you might have forgotten, but you have been enjoying exempted estate taxes since 2018, which is going to ...

New-Zealand-2025-Personal-Income-Tax-Cuts
Tax Preparation and Filing

New Zealand 2025 Personal Income Tax Cuts

2025 New Zealand taxpayers will change how they pay income tax. Last year, the government already announced new tax brackets, which would take effect on 31st July 2024. However, changes to PAYE, FBT, ESCT, Retirement, an...