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Hi there,
Question related to Tax..
Can I distribute Principal amount of home loan under 80C between two People..
For example.. I Have principal amount of 2Lac.. and want to distribute it in 1.5 Lac & 50k between me and my Dad.. (my dad is co-owner in loan)
Can't find answer online so asking here.. if you find it... Link will be helpful.
Thanks
Accenture Tata Consultancy Deloitte EY PwC KPMG ZS Associates
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What software do you use on a daily basis?
Hi Sharks, Need urgent advice, I have offer from citi and synechron, synechron giving 4 lakh extra and client is hsbc bank, role is application support. DOJ on Tuesday. Please assist immediately. How is job security in synechron Citi India Synechron Inc.
And how is average hike in citi. YOE 6 years
Starting Chiantix today...
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Her first business expense once she has revenues should be a CPA with small business experience in your state who can guide your personal and business tax decisions, make recommendations on accounting software, and set up a tax strategy as the llc (hopefully) grows
She needs an accountant as first thing. Googling works to an extent but at end of day a lot of people stretch the IRS definitions for business deductions. I truly believe majority of small business owners wrongly take some deductions such as vehicle expenses. Everything has to be “used to generate revenue” for it to be business deductible is the general guideline. The reason a dinner can be expensed is because it is with your client. The reason a van is deductible is because you use to deliver grocery (or Uber, etc)
Quick books Self Employed or Contractors version is good. Not very expensive but goes a long way. You can select your business expenses and they will automatically go into that category. There are all kinds of resources in the app.