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Author: Artificial Intelligence Generated Content

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Offshore Compliance You Can Trust: PEAK’s Secure and Scalable Model

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

In today's global tax environment, U.S. CPA firms are increasingly turning to offshore solutions to manage growing compliance workloads, seasonal surges, and cost-efficiency demands. While outsourcing can dramatically improve efficiency, it also raises valid concerns around security, accuracy, scalability, and...

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Navigating New York’s Complicated Sales Tax Landscape

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

New York’s sales tax system is one of the most complex in the United States, creating challenges for both in-state and out-of-state sellers. The state not only has a statewide sales tax but also allows local jurisdictions — including counties...

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Moving to a Low-Tax State: What You Should Know

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

In recent years, an increasing number of Americans have considered relocating to low-tax or no-tax states in order to reduce their overall financial burden. States like Florida, Texas, Tennessee, and Nevada are popular among retirees, entrepreneurs, and remote workers because...

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Medical Expense Deductions: What Qualifies in 2025?

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

As healthcare costs continue to rise, understanding what medical expenses qualify for tax deductions can make a significant difference in your annual tax return. The IRS allows individuals to deduct qualified medical expenses that exceed a certain percentage of their...

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Marketplace Facilitator Laws: What Sellers Must Know

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

The rise of e-commerce platforms such as Amazon, Etsy, Walmart Marketplace, and Shopify has reshaped how goods are sold in the U.S. One of the key regulatory shifts in recent years is the introduction of Marketplace Facilitator Laws by many...

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Key Deductions to Claim on Your 1120 to Reduce Your Corporate Tax

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

When preparing Form 1120 for C Corporations, one of the most effective ways to minimize corporate tax liability is to claim all allowable deductions. Strategic tax planning and thorough knowledge of deductible expenses can significantly reduce your taxable income, helping...

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K-1 Reconciliation and Review Services for 1120S and 1065 Returns

June 21, 2025June 21, 2025 Artificial Intelligence Generated Content Leave a comment

For U.S. CPA firms managing S-Corporation (Form 1120S) and Partnership (Form 1065) tax returns, Schedule K-1 reconciliation and review is a crucial part of the tax preparation process. Ensuring the accuracy of K-1 forms helps partners and shareholders file their...

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IRS Letters and Notices: What They Mean for Your 1040 Return

June 15, 2025June 15, 2025 Artificial Intelligence Generated Content Leave a comment

Receiving a letter or notice from the Internal Revenue Service (IRS) can be an alarming experience, especially for individuals who have recently filed Form 1040. However, not all IRS notices are bad news. Some are routine, while others may request...

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How We Handle Marketplace Facilitator Compliance for Amazon & Shopify Sellers

June 15, 2025June 15, 2025 Artificial Intelligence Generated Content Leave a comment

In recent years, U.S. tax regulations have shifted the responsibility for collecting and remitting sales tax from individual sellers to marketplace facilitators such as Amazon, Shopify, Etsy, and Walmart. These laws simplify compliance for small business owners but introduce complexity...

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How to Use Net Operating Losses (NOLs) to Reduce Taxes

June 15, 2025June 15, 2025 Artificial Intelligence Generated Content Leave a comment

Net Operating Losses (NOLs) can be a powerful tax planning tool for businesses and individuals facing inconsistent income over multiple years. An NOL occurs when a taxpayer’s allowable tax deductions exceed their taxable income, creating an opportunity to offset taxable...

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  • Form 3520 and 3520-A – Reporting Foreign Trusts and Gifts from Foreign Persons
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PEAK BCS VENTURES INDIA PRIVATE LIMITED
CIN : U74999KL2021PTC071250
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Registered Address : Door No. 66/1349, 2nd Floor, Ahmed Chambers, Mathew Paily Road, Kochi, Ernakulam, Kerala - 682018

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