Tax Tips Category

Tax Tips for your personal and business needs.

Apple’s Billion Dollar Tax Strategy

RENO, Nev. — Apple, the world’s most profitable technology company, doesn`t design iPhones here. It doesn’t run AppleCare customer service from this city. And it doesn’t manufacture MacBooks or iPads anywhere nearby.

GST/HST and the Construction Industry

Contractors, who are GST/HST registrants, collect GST/HST on behalf of the applicable government entity. A contractor, carrying on business in Canada, must register for GST/HST and obtain a “business number” if its revenues exceed $30,000 in a single calendar quarter or in four consecutive calendar quarters.

How Much Do People Pay in Taxes from other Countries?

Ever questioned how much people pay in taxes in other countries? The interactive infographic below will allow you to select each country from the map for this information. You may be surprised by which countries have the lowest and highest income tax rates.

Financial Statements Guide for Construction Companies

The basic objective of financial statements is to communicate useful and meaningful information that meets the needs of the users of the financial statements.

Revenue Recognition Guide for Construction Companies

Under GAAP, the general rules associated with revenue recognition are:

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