RBI Guidelines | Acquisition and Transfer of Immovable Property in India

RBI Guidelines | Acquisition and Transfer of Immovable Property in India

You may have heard Sanjiv talk about RBI Guidelines on Radio or at the Live Events. What are those RBI Guidelines ? Who is impacted by those guidelines  ? Acquisition…

2014 Tax Brackets

2014 Tax Brackets

Are you ready to plan your 2014 Tax ? In that case, you might want to start with the 2014 tax brackets.   2014 Tax Brackets (for taxes due April…

Are you making more than average income ?

Are you making more than average income ?

Here is chart from the Tax Foundation.  According to this chart, the average income for taxpayers age 55 to 65 is nearly $82,000—and the average for all taxpayers is about…

Interest is taxable but often overlooked

Interest is taxable but often overlooked

Any interest that the tax payer receives directly, or through a credit in his account and is of the nature that it can be withdrawn at a future date without…

President Obama’s Tax Return Shows Lower Earnings

President Obama’s Tax Return Shows Lower Earnings

When the tax filing of the First Family of the US was made public it showed that the President, Barack Obama and his wife, Michelle Obama  had paid $112,2114 as…

Obama Care Explained in Plain English

Obama Care Explained in Plain English

The US President, Barack Obama and the Congresss, signed an agreement in the year 2010 to bring Obamacare into practice. This is a health insurance scheme initiated by the President,…

Why you won’t be audited?

Why you won’t be audited?

Last year, the US saw a huge fall in the tax audit rates by 5.3%. This reduces the probability of individuals being audited.  This research was conducted by the Transactional…

The Super Rich’s Offshore Tax Avoidance Strategies

The Super Rich’s Offshore Tax Avoidance Strategies

Most of the business tycoons use the trusts or holding companies in a different country to represent a majority of their income, thereby showing very low taxable income in their…

Writing off your summer vacation

Writing off your summer vacation

Summer vacations can burn a big hole in one’s pocket; however avoiding them is not the long term solution. Working without taking any vacations can kill a person’s work life…

More states charging taxes for iTunes and eBooks

More states charging taxes for iTunes and eBooks

The highly popular category of iTunes and eBooks has just got more expensive. Millions of people use these applications to download music and books of their choices and the decision…