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What is Capital Gain? Any increase in the value of a capital asset is a capital gain (when comparing the current value to its original purchase price). However, it is only considered to have occurred or ‘realized’ when the asset is sold – an important distinction when compared to an increase in an asset’s value...

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Taxes are the lifeblood of the government and for this reason, they have become every citizen’s obligation. Taxes can be paid quarterly or annually, depending on which city you are from. However, whether or not interested in paying your taxes, you cannot avoid taxes themselves. The worst case scenario you can fall in, in case...

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Preparing tax-related documents is not something everyone loves to do. It is a time-consuming, mind-boggling endeavour that you go through every year. A lot of taxpayers get lost along the way, especially when it comes to the changes and updates tax laws. That is why why hiring tax advisors are preferred is. Why? Aside from the fact...

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As you focus on your business, the ins and outs of your money are probably the last things on your mind. The hectic schedule of a business owner basically points out the need to hire for an accountant who can keep the company’s financial cycle in check. Here are the top advantages why putting up...

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Tax season can be a nightmare for freelancers and small business owners. But, with proper preparation and a little help, it doesn’t have to be so painful. Here are our tips to help you prepare for smooth sailing all the way through to this year’s tax deadline!   1. Track Your Expenses The single most...

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Copyright by The Beespoke. All rights reserved.

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