Annual income tax report
- Employees with special data or income, business owners, including exempt and licensed dealers – must submit an annual report to the tax authorities.
- The report must be submitted intentionally for both spouses if the reporter is married. It must include all reports, including reporting from all sources of income in Israel and abroad according to all the parameters defined by law, in order for the taxation to be correct and minimal!
- At Finco, we will check your data, collect all the forms for you, edit and submit the reports, update you personally, and thus mainly save you time and money.
- Our professional team of experts, tax advisors and service personnel, with a lot of seniority and experience in the world of taxation, will accompany you personally until you find the complete solution that will lead to the exhaustion of the obligation and the rights you deserve.
Important Information!
Lack of knowledge is not exempt from responsibility for delays!
Failure to submit the report or errors in filling out the report may result in heavy sanctions from the tax authorities!
In order to encourage professional and timely submission, the IRS has defined the expenses involved in preparing the tax returns as a permissible expense for deduction – both for the self-employed and for the employee.
We would love for you to contact us.
How do I know what my reporting obligations are?
On the Income Tax website, you can check the type of file you currently own, with the help of retrieving a withholding tax certificate. Each type of business has a different portfolio type and therefore different reporting obligations. Below is a link to check the type of income tax file
After that, you can check your reporting obligation according to the type of business, on the site – “All Right” at the following link: Link to the All Right website
In any case, it is best and safest to check through a representative tax advisor, which is his specialty. It can check your data in real time and the requirements against the IRS system of the Income Tax and National Insurance.
