On Day 7 of the ongoing series, I continue to provide guidelines on the #TaxAmnesty program extended by the Kenyan government to taxpayers. How do we handle debts from before December 31, 2022, that we don't agree with...? Consider the below;
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On Day 10 of the ongoing series, I continue to provide guidelines on the #TaxAmnesty program extended by the Kenyan government to taxpayers. Consider the below;
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On Day 9 of the ongoing series, I continue to provide guidelines on the #TaxAmnesty program extended by the Kenyan government to taxpayers. Consider the below;
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On Day 4 of the ongoing series, I continue to provide guidelines on the #TaxAmnesty program extended by the Kenyan government to taxpayers. What happens to the interests and penalties accrued? Consider the below;
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On Day 6 of the ongoing series, I continue to provide guidelines on the hashtag #TaxAmnesty program extended by the Kenyan government to taxpayers. Is there any evidence to be attached when applying for mnesty...? Consider the below;
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The amnesty process has neither start nor end date. It can be filed at any time as long as the three required conditions are met: that the IRS is not investigating you for previous fiscal crimes, that you have paid all debts to the IRS, and that the reason for not having complied with their tax obligations is by ignorance. The amnesty procedure is still in effect at this time, but the IRS has warned that it can end at any time. Keep reading 🔗 https://lnkd.in/dnY3Qp-K #Amnesty #IRS #UsTaxConsultants
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Attention South African taxpayers! The 2024 Filing Season is in full swing and will close on October 21, 2024. Ensure you're compliant and avoid penalties by submitting your returns via eFiling or the SARS MobiApp. With new proposals and streamlined processes from the 2024 Budget, staying updated has never been more crucial. Reminder: Filing late could result in penalties, so act now! #TaxSeason2024 #SARSUpdates #StayCompliant #TaxFiling
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Bill Alert! US House Bill HR 9495 - Stop Terror-Financing and Tax Penalties on American Hostages Act Policy: Taxation Status: Introduced to House Full Details: https://lnkd.in/eagU9RTp Bill 118 hr 9495, also known as the Stop Terror-Financing and Tax Penalties on American Hostages Act, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of terror-financing and providing relief to American hostages and their families. The main objective of this bill is to prevent terrorist organizations from receiving financial support by imposing stricter penalties on individuals or entities found to be...
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Members of Congress agree they must change the law so that Americans held hostage or wrongfully detained by terrorist groups or foreign governments don’t owe penalties for failing to pay taxes while they’re captive. But their attempt to address that problem is stuck in a fight over other legislation. The Senate in May unanimously passed a measure that would prevent the Internal Revenue Service from assessing penalties to freed hostages who didn’t file or pay taxes during their ordeal. On Wednesday, the House Ways and Means Committee unanimously advanced similar legislation. But the House committee packaged the hostage tax bill with a measure that would make it easier for the government to strip tax-exempt status from nonprofit groups over allegations of support for terrorism. #Congress #have #voted #to #prevent #IRS #to #pay #taxes #while #they #were #captive
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January is the perfect time for families to organize finances and consider how to reduce tax obligations. Reviewing wills, trusts, and beneficiary designations now can alleviate tax burdens down the road. #FamilyMatters #NewYearGoals #TaxPlanning
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Insights into SARS’s handling of refunds: what taxpayers need to know. The 2024 tax-filing season for provisional and non-provisional taxpayers started on Monday, and the South African Revenue Service (SARS) has already paid refunds about R10 billion to 1.6 million taxpayers, with an average refund of about R5 900, SARS Commissioner Edward Kieswetter said on Tuesday. Find out what you need to know in the full article: https://buff.ly/3LqzZXU Share your thoughts in the comment section! #assessments #autoassessment #EdwardKieswetter #eFiling #refunds #SouthAfricanRevenueService #taxfilingseason
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