Legal FAQs

Financial Accounting and Tax Planning

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How much of one’s life earnings are dedicated to paying taxes?

What types of taxes are there?

What are the Biden Tax Policies and at what stage are their actual implementation?

What is tax planning and preparation and why is it important?

Which types of incomes are not subject to tax? 

How do qualified dividends differ from interest income in terms of tax?

What are some general tax saving strategies?

Why should we have business financial statements?

What is equity?

What is the cost of goods sold?

What are operating expenses?

What is a KPI?