With tax season in full swing (it kicked off January 27, 2020), the Internal Revenue Service (IRS) has issued a reminder to taxpayers to avoid unethical “ghost” tax return preparers. A ghost preparer is a paid tax preparer who isn’t on the IRS’ radar because he or she doesn’t have a Preparer Tax Identification Number (PTIN). And to stay hidden, a […]

I hate to be the bearer of bad news, but it is that time of year, tax season is about to begin yet again. Does it not feel like you just finished filing taxes for the prior year? On the bright side, the Internal Revenue Service (IRS) has just made it easier to file your

Telecoms giant, MTN Group has promised to invest $1.6 billion into strengthening networks and telecoms systems across the country. Chairman of MTN Group, Mcebisi Jonas said this during a visit to Nigerian president, Muhammadu Buhari. “We are fully aligned with the strategic agenda of the government, and are committed to strengthening the digital economy of

Feeling clueless about capital gains? Has stamp duty left you stumped? Find out how taxes might affect your property development plans here Whether you’re considering property development as an investment opportunity or have grand plans for a property development empire, you’ll need to factor in the impact tax could have on your profits. In this quick guide,

In a 1789 letter to Jean-Baptiste Le Roy that referenced the establishment of the U.S. Constitution, Benjamin Franklin stated that “in this world nothing can be said to be certain, except death and taxes.” The quotation can be attributed to other sources, but there isn’t much escaping the fact that it’s true. Among the many

Frasers Group said the Belgian tax authority had concluded most of its investigation into a tax dispute and declared itself satisfied with the explanations provided, removing a cloud of uncertainty from the retailer.  The company, until recently called Sports Direct, added that it continues to work with the authority on other matters relating to the

The Economic and Financial Crimes Commission (EFCC) is reportedly investigating Adebutu Kessington aka Baba Ijebu Over tax fraud. One of Adebutu’s sons including an official of Premier Lotto have been detained at the Lagos office of the EFCC following a petitioned filed by Western Lotto. The EFCC blamed Premier Lotto for shortchanging Nigerians as they revealed that

Finance, Budget and National Planning Minister  Mrs.  Zainab Ahmed, the Minister of Transportation Rt. Hon Rotimi Amaechi and Lagos State Governor Mr. Babajide Sanwo-olu discussed Nigeria’s Finance Act 2019, Infrastructural Development through Rail, Sub-National developments and the nation’s quest to achieve inclusive economic growth at the 2020 Deloitte Nigerian Economic Dialogue in Lagos. In his

Pinnacle Communications has described the allegation of task invasion made against it by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) as misleading, untrue and aimed at hurting its impeccable image ICPC had threatened legal action against 44 property owners including two buildings in Abuja belonging to Pinnacle Communications Ltd, citing indebtedness to

A tax on carbon dioxide emissions in Great Britain, introduced in 2013, has led to the proportion of electricity generated from coal falling from 40% to 3% over six years, according to research led by UCL.British electricity generated from coal fell from 13.1 TWh (terawatt hours) in 2013 to 0.97 TWh in September 2019, and was