Are you IT contractors struggling to come to terms with the IR35 rules and regulations? IR35 affects all IT contractors who DON'T come under HMRC's classification of 'self-employment'.
When considering investing in tax free investment policies such as Private Placement Programs, the first thing to do is to be clear about the taxable-equivalent yield.
Tax free investment instruments are used by investors to take advantage of tax exemptions. Investment gains from these instruments, although subjected to federal taxes, are exempted from State and Local taxes.
Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can.
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