Don't wait until next year to prepare to do your taxes next year. Review this year's return. Adjust your withholding. Get organized. Save your receipts. Document your business and travel expenses.
The complete guide to the French tax system from who pays taxes, where the money goes, when to pay, and a few strange facts about taxes in France!
The IRS has just notified you that your return was chosen for an audit. Now what?
The deadline for filing your federal income tax return is fast approaching. It is time to stop procrastinating and get them done. If you need more time to file, use Form 4868. Need to make in installment arrangement, use Form 9465-FS. Need to amend your return, use Form 1040-X.
Exemptions, deductions, and credits can reduce your tax liability. Exemptions and deductions reduce your taxable income. Tax credits directly decrease your tax liability, dollar for dollar. A refundable credit can result in a tax refund even when you have no income tax liability or paid no...
Quick and easy instructions for obtaining your Tax Identification Number online, using the Bureau of Internal Revenue's online application.
I assert Islam emphasis more on Zakah rather than taxation. Taxation disrupt the right of poor in the society while Zakah impart a steady source of livelihood. some principles are discussed below:
The IRS has added a Simplified Option for claiming the Home Office Deduction. It greatly reduces the record keeping requirements and eliminates some complex tax calculations.
Permanent Account Number or PAN is a mandatory alphanumeric number for people who file income tax and make transactions of Rs.50,000/- and up (like deposits in a bank or Post Office). The rule was made mandatory on 2005 and since then, filing income tax and keeping the track of it has become...
Mistakes made when filing your tax return can lead to delays in receiving your refund. In my tax office I see mistakes that are often avoidable. Some "mistakes" are intentional and are illegal attempts at trying to increase a tax refund.