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5 keys to establishing a profitable tax planning division. Within 12 months, we need to achieve tax planning revenue equivalent to 10% of the practice’s revenue.

The General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute governing corporate law in the U.S. state of Delaware.

As Britain’s 1784 tax on hats was such a lucrative revenue raiser for the government, they decided to complement it with a glove tax. 

The 1767 Townshend Revenue Act was a British Act enacted to raise revenue in the colonies to pay the salaries of governors and judges.

The Romans developed the first trusts (fideicommissum), which were testamentary trusts created by wills. The first living trusts (inter vivos), were developed in England during the 12th-century crusades

The top 7 illegal tax saving strategies used by Australian Employees.

There is nothing wrong with being a novice tax planner (it’s actually very exciting taking the challenge and starting the journey to learn something new).

In the novice stage, a person follows rules as given, without context, with no sense of responsibility beyond following the rules exactly.

The quote by Plato ‘The Beginning is the Most Important Part of the Work’ sums up the central issue some accountants have with tax planning, they just cannot get started.

Tax planning is like a forgotten bespoke craft that is only provided by a few expert craftsmen (who pass the knowledge onto their ‘apprentices’).