Canadian Tax Blog - Canada's Taxes and RRSP Portal

Tax Tip: Top 10 ways to reduce your tax bill

Now available on the Canada Revenue Agency website:

Did you know?

There are a number of ways to reduce the amount of tax you owe and keep more money in your pocket at tax time. The Canada Revenue Agency (CRA) can help you learn more about the various credits and deductions that you may be entitled to and that can save you money when you file your 2011...

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Website: http://www.taxes.ca

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Nonprofit Organization | Digital Media Law Project

Surprisingly, there is no legal definition of a nonprofit organization. In general, a nonprofit organization is one that is organized to achieve a purpose other than generating profit. Despite this, a nonprofit organization is not precluded from making a profit or engaging in profit-making activities. It is prohibited from passing along any profits to those individuals who control it, like...

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Website: http://www.dmlp.org

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Wheel Tax

County Option Income Tax (COIT)

Recent Developments

County Council member Marcia Wilhoite orchestrated a Wheel Tax presentation at the July 8, 2014, County Council meeting. It was reported that the imposition of a $25 annual wheel tax per vehicle would generate more than $1 million each year for the Boone County Highway Department. The Boone County Highway Department does...

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Date: 2015-05-08 10:50:26
Website: http://www.finplaneducation.net

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use TurboTax to file your tax return - File My Taxes Online

7.1 Related posts:

Tax Deductions & Credits You May Qualify For

Finding�more tax deductions and credits�is one of the great benefits Intuit TurboTax has to offer.�You will get immediate information about deductions being claimed on your taxes already and ones that you are eligible to claim.

Here are a few of the best deductions and credits:

Mortgage Interest Deduction One of the�best...

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Website: filemytaxesonline.org

Revenue Alert RA 11/02 (Technical tax area)

Technical tax area: Revenue Alerts

Revenue Alert RA 11/02

Diverting personal services income by structuring revenue earning activities through an associated entity such as a trading trust or a company: the circumstances when Inland Revenue will consider this arrangement is tax avoidance.

Explanation:

A Revenue Alert is issued by the Commissioner of Inland Revenue, and provides information about a...

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Date: 2018-03-22 21:03:58
Website: ird.govt.nz

Related topics : business income tax return / inland revenue tax return form 2010 / inland revenue tax return form / tax return inland revenue / individual income tax return form

Modified Business Tax Information & FAQ's

Modified Business Tax Information & FAQ's

Overview:

Every employer who is subject to Nevada Unemployment Compensation Law (NRS 612) is also subject to the Modified Business Tax on total gross wages less employee health care benefits paid by the employer. Total gross wages are the total amount of all gross wages and reported tips paid for a calendar quarter as reported to the Employment Security...

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Website: https://tax.nv.gov

2007 IRS Tax Forms, Instructions, & Publications - PDF Formats

2007 IRS Forms, Instructions,

& Publications - PDF Formats

All IRS tax forms, instructions, and publications are in the Adobe Acrobat PDF format. To view, read, or print any document in the Adobe Acrobat PDF format, you will need the appropriate Adobe Acrobat Reader, which can be downloaded from the Adobe web site. To download the appropriate Acrobat Reader for your computer, click the icon at the bottom of the page, and follow the instructions. Many other files on this site are also...

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Date: 2009-04-08 09:58:56
Website: http://unclefed.com

Related topics : income tax return form 1040 instructions / income tax return form pdf / tax return forms irs / 2007 tax return forms / income tax return form 1040

8 Great Tax Tips for 2018 | H&R Block

8 Great Tax Tips for 2018

8 Great Tax Tips for 2018

It's almost time to file, and with all that happened in 2017, it'd be easy to forget some of the changes that could affect how you file this year. We're here to help you stay ahead, so we've rounded up what to know, plus some tried and true tips that will help get you the most money back.

What's New:

Not working 20 hours a week for the...

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Website: https://www.hrblock.ca

The Income Tax Ordinance, 1984 [CHAPTER-IV CHARGE OF ...

[16E.] Deleted F.O. 2013

17. Scope of the total income.-

(1) Subject to the provisions of this Ordinance, the total income of any income year of any person includes-

(a) in relation to a person who is a resident, all income, from whatever source derived, which-

(i) is received or deemed to be received in Bangladesh by or on behalf of such person in such year; or

(ii) accrues or arises, or is...

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Website: http://www.taxmatebd.com

Related topics : business income tax return / income tax return loans 2015 / income tax refund loans 2015 / earned income tax return / income tax return loan

Goods and services tax (Australia) - Wikipedia

6 External links

Introduction of the GST[ edit ]

Les Bury , federal treasurer in the Gorton Government , was an early supporter of a broad-based national consumption tax , believing that states needed a revenue source of their own without resorting to a reintroduction of state income tax. [6] The idea of a broad-based consumption tax was again raised by federal treasurer Paul Keating at the 1985...

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Date: 2019-04-07 20:54:38
Website: https://en.wikipedia.org

How to Check the Progress of Your Tax Return | E-Lodge

You can also check your progress of return by phone with the ATO's automated self-help phone service. Phone 13 28 61. Choose option 2 then option 1.

Keep in mind�that in order to check the progress of your return by phone or online, you'll need your tax file number (TFN) handy.�

Why is my return taking SO long to get to me?

If you can't find what you're looking for online, phone the ATO to check the status of your return at 13 28 66.

If your...

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Website: https://www.elodge.com.au

Related topics : check on tax return progress / do i need to file a tax return / income tax return check online / check tax return status / prior year tax return status

Establishing Texas Residency | Office of the Registrar ...

Establishing Texas Residency

Residency for Tuition Purposes

The Texas Higher Education Coordinating Board (the CB) has established the rules and regulations governing Texas residency for higher education. As mandated by the Texas legislature, in order to determine a student's eligibility for classification as a resident, the CB requires each student applying to enroll at an institution to respond...

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Website: http://www.utsa.edu

Related topics : file federal income tax return / federal income tax return status / federal income tax return copy / federal tax return income requirements / federal tax return income

Understanding California’s Sales Tax

Where Does the Money Go?

As described earlier in this report, California's sales tax rate includes many distinct pieces. As the number of pieces has grown over time, the laws governing the allocation of sales tax revenue have grown more complex. This section discusses these allocation laws in three groups--statewide rates for state programs, statewide rates to support realigned programs, and...

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Website: http://www.lao.ca.gov

Instant Tax Service - Wikipedia

History[ edit ]

This article is an autobiography or has been extensively edited by the subject or by someone connected to the subject. It may need editing to conform to Wikipedia's neutral point of view policy. There may be relevant discussion on the talk page .

(March 2014)

( Learn how and when to remove this template message )

Fesum Berhane Ogbazion, who came to the United States with his...

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Date: 2018-03-12 12:41:57
Website: https://en.wikipedia.org

How Long Should I Keep My Tax Records? | Fox Business

I am often asked how long one should keep tax records. Naturally, the answer is not cut and dried. For example, the IRS states that you must retain your tax returns and all supporting documents including bank statements for a minimum of three years, which is generally how long they have to audit a tax return. If you live in a state that levies an income tax, the rule is generally expanded to four...

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Website: foxbusiness.com

How to Calculate PAYE in Kenya - taxkenya.com

School fees allowance.

B. Determine Gross Taxable Income

The total of basic pay plus taxable benefits (non-cash and cash) and allowances = Gross Taxable Income. PAYE rates are not applied on the Gross Taxable Income. The Income Tax law in Kenya allows for deduction of three items that are referred to as admissible deductions.

Admissible deductions

The admissible deductions are deducted from the...

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Website: https://www.taxkenya.com

Edwin Coe | UK withholding tax on interest paid to non ...

Tax

UK withholding tax on interest paid to non-residents

The UK is normally regarded as an attractive location for the holding company of an international group given its wide participation exemption for inbound dividends and its recently extended substantial shareholding exemption for capital gains arising on share disposals. Also, the UK is one of the few European jurisdictions that applies no...

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Website: https://www.edwincoe.com

Related topics : non resident tax return uk / return income tax uk / tax return example uk / tax return information uk / tax return with no income

Council tax reform - Scottish Government News

First Minister

£100 million a year raised for schools.

An additional £100 million a year will be invested in schools across Scotland as a result of a package of reforms to council tax outlined today by the First Minister.

To make the system fairer from April 2017, the rates paid by those in the four highest council tax bands (E, F, G and H) will be adjusted in a move that will generate £100...

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Website: https://news.gov.scot

Related topics : how much council tax will i pay / how much council tax do i pay in band b / council tax bands scotland / house council tax bands / council tax band g

Instant tax refunds on their way out - The Washington Post

The concept of tax advance loans emerged in the late 1980s. Personal computers were growing popular, and the IRS planned to modernize its stores of data by digitizing tax returns.

To pilot the program, the government turned to tax preparers, who had the resources to invest in technology and training.

Ross Longfield, a former executive at Beneficial Corp., now part of HSBC, said his firm tested...

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Website: https://www.washingtonpost.com

Online Refund Status - Tax Information Network

Please enter your Permanent Account Number and Assessment Year for which status of refund is to be tracked.

   Permanent Account Number (PAN)

   Assessment Year

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*Enter text as in above image

Refund Banker

The 'Refund Banker Scheme,' which commenced from 24th Jan 2007, is now operational for taxpayers assessed all over India (except at Large Taxpayer Units) and for returns processed at CPC (Centralized Processing Centre) of the Income Tax Department at Bangalore.

In the 'Refund Banker...

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Website: https://tin.tin.nsdl.com

Related topics : refund on income tax return / india income tax return status / india income tax return form / income tax return online india / status of income tax return

Tax-Savvy Ways to Sell Your Canadian Business - dummies

Tax-Savvy Ways to Sell Your Canadian Business

Tax-Savvy Ways to Sell Your Canadian Business

If you're the owner of a small business in Canada, your company is likely your most valuable asset. You may have dreams of selling the business one day and using the proceeds to travel or invest in another business. Or you may be considering selling part of your business to a partner to reduce the amount...

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Website: http://www.dummies.com

Some federal retirees could be overpaying Oklahoma taxes ...

Oklahoma excludes from state taxes 100 percent of what those federal retirees paid into the Civil Service Retirement System in lieu of Social Security. The tax savings means those retirees can keep hundreds of dollars more a year, experts say. For example, a federal retiree whose pension totals $37,000 annually would save $836 under the state tax exclusion.

Still, many retirees and tax preparers...

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Website: http://newsok.com

Related topics : state taxes oklahoma / state tax overpayment / state tax forms / file amended tax return / file federal income tax return

Is My Private Mortgage Insurance or PMI Tax Deductible?

When you think of all of the costs associated with purchasing a home - the down payment, legal fees, closing costs, moving expenses - it's not a financial endeavor to take lightly. If you obtained a mortgage that was for 80% or more of your home's purchase price, then you most likely needed to purchase Private Mortgage Insurance (PMI) as well.

PMI is a way for mortgage lenders to protect...

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Website: http://www.shamrockfinancial.com

Related topics : income tax deduction calculator 2014 / tax return mortgage deduction / tax deduction mortgage calculator / income tax deduction calculator / tax return fees deductible

Tribunal Claims & Settlements Q&As | CIPD

Q: Can an employer stop an employee proceeding with a weak or vexatious claim?

Within the employment tribunal rules there is a mechanism for weeding out weak claims, or claims by those known as 'vexatious litigants.' The following options are considered:

Mediation or other forms of dispute resolution (see What is Acas early conciliation? and 'What forms of mediation and conciliation are available...

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Website: https://www.cipd.co.uk

Related topics : council tax non payment months glasgow / council tax penalties non payment / council tax non payment months / council tax non payment / tax return and payment

When Is a Corporate Tax Return Due? | Your Business

Both Form 1120 and Form 1120S are due on the 15th day of the third month following the end of the corporation's tax year. For example, corporations with a fiscal year ending March 31 must file their tax returns by June 15. Corporations whose fiscal year ends June 30 must file by September 15; fiscal years ending September 30, by December 15. Any tax due must be paid at this time.

Filing Extensions for Non-Calendar Tax Years

S corporations must provide each shareholder with a copy of Schedule K-1 by the date the tax return is due. As with...

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Website: https://yourbusiness.azcentral.com

Deduction u/s 16, Chapter VI-A : Income Tax on Salaries ...

Click for Para 5.3 Income not included under the head Salaries

5.4.2 Tax on Employment [Section 16(iii)]:

The tax on employment (Professional Tax) within the meaning of article 276(2) of the Constitution of India, leviable by or under any law, shall also be allowed as a deduction in computing the income under the head "Salaries".

It may be clarified that "Standard Deduction" from gross salary...

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Date: 2019-03-24 03:52:02
Website: http://www.staffnews.in

Related topics : income tax deduction calculator india / income tax deduction calculator / self employed income tax calculator india / self employed income tax calculator / income tax return form 16

Business Tax Exemptions | Office of the City Treasurer ...

Veterans

Bail Bond Agents

Bail bondsmen are considered an agent of an insurance company and are therefore exempt from paying the business tax assessment if this is their only business activity.

Reference: California Constitution Article 13, sec 28(f) and Grove v. Los Angeles (40 cal 2d 751.256)

Banks & Financial Institutions

Banks and financial institutions are exempt from paying the business tax...

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Date: 2019-04-09 22:17:31
Website: https://www.sandiego.gov

The Lost Horizons Bulletin Board

The Lost Horizons Bulletin Board

THE LONG STACK OF LINKS BELOW connect to more than a thousand examples of the hundreds of thousands of complete income tax refunds being continuously secured from the federal and 38 state and local governments since 2003 by readers of ' Cracking the Code- The Fascinating Truth About Taxation In America '-- Social security and Medicare taxes...

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Date: 2018-03-17 15:59:48
Website: http://losthorizons.com

Related topics : federal income tax where's refund / irs file income tax return / federal tax return refund time / federal tax return refund / income tax refund check returned

Value Added Tax (VAT) in Germany | Economy Watch

The value added tax in Germany is levied on the production of goods and services in the country. All business entities are subject to the payment of tax on performing production processes in Germany. The current rate of VAT in Germany is 19%, enforced from 1st January, 2007. In Germany, a reduced tax of 7% is collected from the sale of particular items such as foods, magazines and books. The rate...

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Date: 2018-03-23 05:33:44
Website: http://www.economywatch.com

Related topics : value added tax return form / value added tax return / income tax return small business / tax return small business / tax refund small business

2012 United States federal budget - Wikipedia

The 2012 United States federal budget was the budget to fund government operations for the fiscal year 2012, which lasted from October 1, 2011 through September 30, 2012. The original spending request was issued by President Barack Obama in February 2011. That April, the Republican-held House of Representatives announced a competing plan, The Path to Prosperity , emboldened by a major victory...

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Date: 2019-03-26 07:57:07
Website: https://en.wikipedia.org

Related topics : previous year's tax return forms / previous years tax returns / prior year tax return forms / prior year tax return status / last year's tax return

Property Tax Relief - Homestead Exemptions

Long-time Occupant Homestead Exemption (LOHE) - Cook County Only

Public Act 95-644 created this homestead exemption for counties implementing the Alternative General Homestead Exemption (AGHE). The LOHE was in effect in Cook County beginning with the 2007 tax year for residential property occupied as a primary residence for a continuous period by a qualified taxpayer with a total household income...

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Website: http://tax.illinois.gov

What is a long-term capital gains tax in India? - Quora

Pooja Solanki

Answered 101w ago · Author has 99 answers and 390.6k answer views

Long term Capital gains, if the assets like shares and securities, are held by the assessee for a period exceeding 12 months or 36 months in the case of other assets. Units of UTI and specified mutual funds will now be eligible for treatment as long term capital assets if they are held for a period exceeding 12...

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Website: https://www.quora.com

Related topics : capital gains tax house calculator / capital gain tax calculator / sales tax deduction calculator / free income tax return calculator / free income tax return