How To Deal With Tax Preparation: Difference between revisions

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Revision as of 10:43, 8 January 2025

Many small internet marketers start with a sole proprietorship to avoid the costs of forming a corporation or LLC. It is a wise decision as statistics show that many small businesses throw money away for the first several years.

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If buy a national muni bond fund your interest income will be free of federal taxes (but not state income taxes). One does buy a state muni bond fund that owns bonds from household state this interest income will transfer pricing be "double-tax free" for both federal while stating income taxing.

If any books of accounts, documents, assets found or seized belong to the other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should additionally be completed with twenty one months of the end for this financial year when the search was conducted like assessment u/s 153A.

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