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People can save taxes on their H1B visa by claiming a loss in India through legitimate business expenses or investments. This can help reduce their taxable income in India and potentially lower their overall tax liability.

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5mo ago

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What are the differences between personal and business taxes?

Personal taxes are paid by individuals on their income, while business taxes are paid by companies on their profits. Personal taxes are filed using a Form 1040, while business taxes are filed using various forms depending on the type of business entity. Personal taxes are based on individual income levels, while business taxes are based on the profits and expenses of the business.


Why do you think the president should lower the taxes?

This is definitely a debatable question! Many people think that the president should lower taxes because some people are paying too much while others are finding ways to avoid taxes. In theory this is true. However, if he does lower taxes who will pay for the things we need in our country? Taxes definitely have a purpose regardless of how the money is raised. One solution that I agree with is lowering or deleting income taxes and raising the state sales taxes. This would give the same amount of money to the government but would force people such as illegal immigrants and drug dealers to pay the same amount of taxes as other members in our society.


Does the IRS collect state taxes?

No, the IRS does not collect state taxes. State taxes are collected by individual state governments, while the IRS (Internal Revenue Service) collects federal taxes on behalf of the federal government.


Business owned by stock holders?

taxes come from a national company formed in the U.S.A, mainly to accommodate people with out vehicles wanting to a far destination in a short while.


How do appraisals affect property taxes?

Appraisals can impact property taxes by determining the value of a property, which is used to calculate the amount of taxes owed. Higher appraised values can lead to higher property taxes, while lower appraised values can result in lower taxes.

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Why might wealthy people oppose income taxes and poor people opposed sale tax?

Income taxes are usually progressive, so would effect the wealthy the most, while sales taxes would have a greater effect on the poor.


Why might wealthy oppose income taxes and poor people oppose sale taxes?

Income taxes are usually progressive, so would effect the wealthy the most, while sales taxes would have a greater effect on the poor.


Logical Do you want increased government spending and more taxes too?

The big problem is that the people who want the money spent on them are not the ones who will benefit if taxes are reduced. Likewise, the people who will have to pay more taxes will receive absolutely no benefits from the government if their taxes go up. So while one group of people benefits from increased government spending, the group that pays higher taxes does not.


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Traditionally, meals are eaten while sitting on the floor. But with the modernisation of India, this practice is diminishing.


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no, the people worship Brahmanism which created hinduism


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I changed my behavior by following the rules and regulations of everything while showing respect to all people as well the property of other people.


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The homophone of "there" is "their." "There" refers to a place or location, while "their" is a pronoun showing possession or belonging to a group of people.


Why did a system of taxation come about in early cities?

The management of cities led to taxation,or a system in witch people support the government. Many people paid their taxes by working on government projects while others paid their taxes with crops


Why did system of taxation come about in early cities?

The management of cities led to taxation,or a system in witch people support the government. Many people paid their taxes by working on government projects while others paid their taxes with crops