Is forgetting to withhold taxes tax evasion? Will I get caught? Who is responsible?

by Aki Kojima | Sep 29, 2024 | Individual & Freelancers

Forgetting to deduct withholding tax is a widespread occurrence. This is especially true if you are new to the business. So, does such forgetting to deduct withholding tax constitute tax evasion? Also, since two parties are involved, it isn’t easy to know whose...

Need Withholding Tax (Gensen Choushu Zei[源泉徴収税]) for Translation Fees by a Corporation located in Japan to a non-resident?

by Aki Kojima | Sep 28, 2024 | Individual & Freelancers

Hello. In this blog, I would like to delve into the topic, “Is withholding tax(Gensen Choushu Zei[源泉徴収税]) required for translation fees paid by a corporation located in Japan to a non-resident?” I want to delve into the subject of “Is withholding tax...

Can lunch be a Business Expense? ” Accounting Treatment for Sole Proprietor and Company.

by Aki Kojima | Sep 28, 2024 | Individual & Freelancers, Corporations

Have you ever wondered if your lunch at work is a business deduction? If so, this blog is the answer. It will explain whether your daily lunches are considered a business deduction and how to ensure they are correctly accounted for. Whether you are a sole proprietor...

How can we deliver Deduction of Gasoline? -Sole Proprietors, Save money and on Taxes

by Aki Kojima | Sep 27, 2024 | Individual & Freelancers

Are you a sole proprietor who spends much money on gasoline for your business? Want to save money on taxes against gasoline? Then check out this blog post! In this article, I have compiled a manual for individuals who run a sole proprietorship to split the cost of...

The method used to calculate the stock price of a small business is not the amount it bought.

by Aki Kojima | Sep 26, 2024 | Inheritance, Gift, Equity Valuation

Small business owners are often shareholders.However, they rarely buy or sell their shares.This is because they are inextricably linked to management rights. Since they rarely buy or sell, it is crucial to understand how stock prices are calculated accurately, and you...