tax planning

Working remotely from a cruise? Here’s why the IRS still expects taxes

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Working remotely from a cruise? Here’s why the IRS still expects taxes

Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for her writing and consulting business based in Florida. Courtesy: Jenny Hunnicutt Income made ‘worldwide’ is taxable Despite a Bahamas flag flying atop the Serenade of … Read more

Happy New Financial Year 24-25: Why Taxpayers Must Keep These Things In Mind?

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Happy New Financial Year 24-25: Why Taxpayers Must Keep These Things In Mind?

As individuals navigate through the intricate landscape of tax laws and investment options, a prudent understanding of key considerations becomes paramount. (Representative image) From deciphering the tax slabs and rates to harnessing the potential of tax-saving investments, each step in this journey holds significance. The new financial year is upon us, and with it comes … Read more