We realize that you are unique, your business is personal, and your goals are, well, in a word, impressive! And for that reason, we pride ourselves on getting to know you and your business so we can tailor the best possible advice to your circumstances. Our team of qualified tax accountants and business advisors can help you with accounting and taxation services as well as specialists advisory and consulting to help your business reach its potential. This includes a strong focus on technology, so we are well placed to assist you with your bookkeeping and system requirements.
In a path-breaking judgment, the high court of Punjab & Haryana (to 2010 p&h 1) while deciding a bunch of appeals filed by color labs/photo studios engaged in photography, developing and printing of the photograph laid to rest a very contentious issue, whether photography is a service or a sale. Justice Ashutosh Mohunta and justice Me hinder Singh Sullar of Punjab & Haryana high court in their order dated 03. 02. 2010 decided that as the photography is like a works contract and it involves the elements of both sale and service; therefore, service tax is not leviable on the sale portion.
Supposing you have an in-house team for maintaining your acts accounting consulting taxation service. What would be the cost of paying the employees, buying the software and its maintenance? Moreover, if the staff is not well-aware of the intricacies of the taxations and law, it could result in hefty penalties. Wouldn’t it be wiser to choose outsourced accounting services ?.
What do I need for photography service to be legally set up?
Setting up or forming a limited liability company (LLC) online is a simple, easy, and affordable, inexpensive process for under $60 plus state fees. An LLC is a corporate structure, and you will not be held personally liable for the company debts or liabilities because, similar to a corporation, owners have limited liability for the debts and actions of the LLC. Limited liability companies (“LLCs”) are hybrid entities that blend pass-through taxation of partnerships and corporations and preferable because they allow you to save on taxes.
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Wedge Creative: Photography | Film | Production | San, Francisco, Hawaii
Wedge innovative is a full-service photography, film, and production studio specializing in editorial and commercial surf, action, and mountain-based active lifestyle imagery. Studios in San Francisco, Hawaii