Today in the US it's possible to donate a vehicle (usually a car, but it can be a truck, boat or any other type of transportation) to certain charities, and in return be able to claim a tax deduction on your income tax return.

In the past few years many charities have found they can raise money through car donation programs and provide you with a car donation tax deduction. These programs can be a goldmine and the charity can make a lot of money for its charitable activities.

If you are a mystery shopper, then you are considered to be self-employed and may therefore be eligible for a number of tax deductions. In being self-employed, anything that you use in relation to your business may be deductible providing that you save your receipts and can prove how the item(s) are beneficial and necessary for your career.

What is the excise tax? It a penalty tax that you need to be aware of. The government has its reasons behind the implementation of this tax, and it is important to know what items and actions may have an excise tax tacked onto them.

Every business should consider tax planning a part of their business strategy. Rather than hire a tax preparation service at the end of the financial year, consider hiring a tax consultant to advice you throughout the year. It may improve your profitability and save you from getting into trouble with the taxing authority of your country.

Somebody once said that change is the only constant. However, despite knowing this not many of us are very comfortable with change and when that change happens to be associated with movement to a different country, we have reasons to be apprehensive about it, notwithstanding the excitement that would also accompany this change.