Taxes
29 Threads
An HUF can help you save lakhs in taxes annually. Over 20 years, this could grow to crores. 🙌 But 98% of taxpayers don’t have an HUF 😯 Due to confusion. Let me clear all your d...
If you invest in foreign stocks, then you must understand implication of changes in TCS (Tax Collected at Source) brought in Budget 2023. Here's a simple thread to highlight the s...
Self-employment tax deductions help lower your tax bill by reducing the amount of income subject to tax. Here are 20 self-employment tax deductions to consider:
FAQs about filing taxes in Canada as an international student:
A tax credit & tax deduction are two different things. A tax credit is a dollar-for-dollar reduction of the tax you owe. For example, if you have a credit of $1,000, and you owe $...
Did you know that freelancers too have to pay taxes of up to 30% on their incomes? But, there’s a way around it! Here’s a guide on how you can save on taxes as a freelancer 👉 Th...
How To Start an LLC for an Amazon Business 🧵 In this thread, I discuss how to set up an LLC, and LLC vs S Corp. Find out how to SAVE $1,000's on taxes! //THREAD// https://t.co/...
8 ways to save taxes on your Salary🤑 A Thread🧵⤵️ #stocks #taxes
Reddit has a wealth of free education. But 98% don't know what the best subreddits are and how to use them. Here are the top 15 subreddits to accelerate your personal finance & i...
If want to build wealth, learn as much as you can about: • Taxes • Investing • Real Estate • Personal Finance • The Stock Market • Financial Planning 💰Here are 6 tips on each t...
Tax Benefits that come under section 80c • ELSS • Tax-saving FD • NSC • Home Loan • Sukanya Samriddhi Yojana • PPF • EPF • Infrastructure bonds • SCSS • NPS • ULIPs Let’s underst...
Investing ₹ 60,000 annually in a good NPS fund can help you create a retirement corpus of ₹ 1-1.5 crores in 30 years. Investing in NPS can also help you save taxes up to ₹2 lakh a...
Not received your Income Tax Refund? Know what steps you need to take for getting refund quickly - A thread 🧵
I went from a broke student to making a 6 fig salary overnight. I needed to learn about money FAST. After reading hundreds of articles and books on finance over the past decade,...
11 hidden / unpopular / less known tax deduction or benefit Salaried Taxpayer miss while filing Income Tax Returns
When starting a business, we all know to file an LLC But an LLC IS NOT A TAXABLE entity when that time of the year comes Here's how you set up your online business to pay the LEA...
Want to know how you can do some tax cuts on your salary? Trying to cover some possible areas of exemptions and deductions with this thread 🧵
ITR Forms 1 and 4 for the AY 2022-23 were enabled recently on the @IncomeTaxIndia website. Many of you have asked about the applicability of these forms. Here is a 🧵 on ITR Forms...
Some useful chart related to #IncomeTax #GST #ROC Income Tax Rates 1⃣ https://t.co/fE0HAoTURE
I recently finished the daunting task of reporting my NFT taxes. If you’re a Degen like me, this is a grueling and confusing process, and other guides on the internet make it seem...
THREAD: SAVE YOUR TAX ON TRADING INCOME Investors and traders want to make big money in the stock market. But what about paying taxes. All of them would like to save some chips....
How to save tax when income is above 50 lakhs? Here are 9 benefits of trading in a corporate account: 🧵 Collaborated with @niki_poojary
Owning a small business is the best tax deal in America. Whether it's a $10K side hustle or $10MM business, earning business income opens up amazing opportunities for tax savings...
Danegeld: "It is always a temptation for a rich and lazy nation, To puff and look important and to say: 'Though we know we should defeat you, we have not the time to meet you. We...