Single parents filing their taxes have various deductions and tax credits they can use to reduce their taxable income and decrease the amount of personal income taxes they have to...
For most taxpayers, a tax refund is a windfall, a huge amount of money that could be used for many important purposes, but is paid in taxes only to be returned a few months later....
Tax fraud is a common phenomenon. It happens every year. Fraudsters are there in every field, similarly there are tax fraudsters who are constantly looking for ways to steal your personal...
The following items are not included in income of taxpayer for a taxation year:
Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a))
Amounts received...
Cuts at the Irs could delay tax refunds, reduce tax payer services and hurt enforcement efforts. If you attempt to call the Irs for assistance this filing season you may not be able...
Some people rather complete the tax return themselves as opposed to having a professional tax preparer do the job for them. Most individuals are not aware that tax preparation fees...