Actors, directors and performers are unique when it comes to the world of taxes. We specialize in the acting profession, providing advice on the special tax rules that apply to individual actors, groups of performers and companies.
Read MoreThe type of business you operate determines what taxes you must pay and how you pay them. Below are five general types of business taxes:
Income Tax
Estimated Tax
Who must pay estimated tax?
Self-Employment Tax
- Excise Tax
If you own a UK limited company and move to the US as a corporation, you may seem inundated by all the complex tax laws to follow and forms to fill out. Here is a brief guide that should help clarify the purpose of these forms and how to properly complete them.
Read MoreOnce you become a client of Bambridge Accountants, the first thing that we will look at is ensuring that you are claiming absolutely every expense you are eligible to as an dancers.
DANCERS HAVE A NUMBER OF TAX DEDUCTIONS THAT ARE UNIQUE TO ANY OTHER INDUSTRY.
Read MoreEntrepreneurs will often reach a point in their business venture where they want to do a spin off of their present business, or even a completely different venture.
Read MoreThe Dow index broke through the 25,000 barrier at the beginning of 2018 and has since continued to rise past 26,000. With the year anniversary of Tump’s inauguration tomorrow, Dow has risen more than 33% since Trump took office.
Read MoreQ: Do I have to pay tax on capital gains from UK investments?
A: Yes, all UK investments are subject to UK capital gains tax. The tax rate is 20% (or 28% for residential property) if you are a higher rate taxpayer, and 10% (or 18% for residential property) if you are a basic rate taxpayer.
Read MoreThis guide will inform self-employed photography business owners on the different expenses that can be claimed to minimise the tax owed on their federal tax return.
Read MoreThe Health Coverage tax Credit (HCTC) used to subsidize a large portion of the cost of health insurance for eligible taxpayers and their family members. The purpose of the credit is to make health insurance more affordable to specified individuals. Generally speaking the credit is claimed by qualified unemployed individuals and retirees. The HCTC is currently set to expire on December 31st, 2020.
Read MoreAs a US citizen who has received foreign gifts of money or other property, you may need to report any gifts your receive from a foreign person on a Form 3520. A Form 3520 is an informative return, not a tax return, because foreign gifts are not subject to income tax. However, there are significant penalties for failure to file a Form 3520 when it is required.
Read MoreYour tax filing requirements for Georgia State are determined by your residency status.
Full Residents
As a full resident of Georgia State you are required to file a Georgia State Tax Return if any of the following apply to you:
Read MoreThe Sate of New York requires its citizens to file a state tax return. Citizens are generally required to file a return to the state if they are required to file a dederal return. You can also be required to file a New York State return if you’re a non-resident of New York and you have income from a New York State source.
Read MoreKeeping on top of your taxes is not an easy job, let alone understanding tax law and allowances well enough to avoid penalties and maximise on profit margins.
Read MoreAs an American citizen making the big move to the UK there a number of things you have to consider and be aware of, a key one being your UK and US tax obligations.
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