Payroll Tax Compliance: A Complete Guide and Checklist Payroll tax compliance is the practice of ensuring that an organization accurately withholds, reports, and remits payroll taxes. These taxes include federal, state, and local income taxes, Social Security and Medicare taxes (FICA), and unemployment taxes (FUTA). Here is a comprehensive checklist to help ensure payroll tax […]
7 FINANCIAL FORECASTING METHODS TO PREDICT BUSINESS PERFORMANCE Financial forecasting is a crucial part of any business, as it allows companies to plan for the future and make informed decisions. Here are seven financial forecasting methods that can be used to predict business performance: Benefits Financial forecasting offers a number of benefits for businesses, including: […]
The Food Safety and Standards Authority of India (FSSAI) is the regulatory body that governs food safety and hygiene in India. Any business involved in the manufacture, processing, storage, distribution, and sale of food products must obtain an FSSAI license or registration, depending on the size and scale of its operations. Here are the different […]
AMFI – Association of Mutual Funds in India AMFI stands for the Association of Mutual Funds in India. It is the industry body of mutual funds in India that represents the mutual fund industry to regulators, the government, and other stakeholders. AMFI was established on August 22, 1995, and is headquartered in Mumbai, India. The […]
If you have received a trademark objection, here are some steps you can take to respond to it: What is a Trademark? A trademark is a recognizable symbol, word, phrase, design, or combination of these elements that is used to identify and distinguish the goods or services of one company or individual from those of […]
Here are the steps to cancel GST registration by a taxpayer in India: FAQs: Here are some frequently asked questions (FAQs) about canceling GST registration in India: Q: When can a taxpayer cancel their GST registration? A: A taxpayer can cancel their GST registration when they cease to carry on their business activities or when […]
A founders’ agreement is a legally binding document that outlines the roles, responsibilities, ownership, and expectations of the founders of a startup company. It typically covers issues such as intellectual property ownership, decision-making processes, equity distribution, and exit strategies. The purpose of a founders’ agreement is to prevent potential conflicts and ensure the smooth operation […]
Proprietorship return filing refers to the process of submitting tax returns for a business owned and operated by a single individual. This involves reporting the income, expenses, and deductions of the proprietorship to the relevant tax authority, such as the Internal Revenue Service (IRS) in the United States. The filing requirements and deadlines may vary […]
Partnership firms in India are required to file their income tax returns annually. The due date for filing the return is usually July 31st of the assessment year, which is the year following the financial year for which the return is being filed. However, the due date may be extended by the Income Tax Department. […]
A shareholders’ agreement is a legal contract between the shareholders of a company that sets out the rights and obligations of the shareholders, as well as the rules governing the management and operation of the company. Here are some key features of a shareholders’ agreement: A shareholders’ agreement is a valuable tool for protecting the […]