What’s the 30% Tax Credit?
A tax credit is not a tax deduction. With a tax deduction, you deduct some amount off your gross income to determine your taxable base income. A tax credit is much better. It can be used to pay off your owed federal taxes. So, it’s sort of like receiving an IRS gift…
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Whether you are transitioning residency between Canada and the U.S. or you have already made the move, it is important to understand the benefits of a cross-border financial plan. Learn how Cardinal Point can help when holding investment assets or financial interests in the U.S. or Canada.
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Taxes are levied by the Central and the State Governments through the power bestowed on them by the constitution of India. The topic of tax is quite interesting but at the same time ambiguous and skeptical. The ambiguity stems from the vastness of the subject and the myriad sub plots entwined in the main. There are many taxes in India but have been largely categorized into two main categories:
Added by Archana Singh on February 8, 2018 at 11:40pm — No Comments
Technology has made our life easier. Our daily routines have effectively taken the shelter of an online platform. Today, we buy groceries online, we shop online, we invest online, and we even find love on the internet. Similarly, you can file your income tax return online for free. Thus, making the job at hand easier.
Submitting an income tax return isn’t intimidating as it sounds. You can easily follow few simple steps and file income tax return in the comfort of your house.…
Added by Archana Singh on December 27, 2017 at 12:23am — No Comments
Tax Efficient Inventing (Tax Friendly Investing) | In Your Corner by Core Wealth Management (https://www.core-wm.com)
There are many different types of investments. Knowing the tax options/requirements for your investments is important as you want to maximize your investment. Learn about tax-efficient investing.
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Added by Archana Singh on July 7, 2017 at 12:26am — No Comments
Budget 2017 has been creating news, ever since it was presented in the Parliament of India by the honorable Finance Minister, Arun Jaitely. The present budget witnessed no changes in the income tax slab for the financial year 2016-17 (Assessment year 2017-18). A wide range of tax deductions and exemptions were introduced under different sections of the Indian Income Tax to make life easier for tax payers in India.
This article will reveal the tax deductions and exemptions…Continue
Added by Archana Singh on June 6, 2017 at 2:30am — No Comments
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Building a web based business takes a lot of work. Should exhibit qualities of consistency, hard work and resolve. Once you have chosen a path for your own business, there are specific steps you can take to create a strong foundation for your personal business.
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Tax planning remains one of the most daunting and tedious tasks for most salaried individuals. This is because even a small mistake in planning your income taxes may make a dent in your otherwise sound finances. Quite naturally, a large fraction of salaried individuals are often in a lookout for iron-clad and quick tax planning tips in order to do income tax planning in a way that it doesn’t really leave them in a lurch during the tax season. If you too have been looking for such quick tips,…Continue
Added by Archana Singh on April 26, 2017 at 3:30am — No Comments
Retirement planning forms an essential part of one’s career and life. We save and invest throughout the duration of our working life so that we may be able to enjoy our retirement and post-work life in the manner that we have always desired.
Retirement should be a time of relaxation, visiting one’s…Continue
Added by Archana Singh on April 5, 2017 at 3:17am — No Comments
File revised ITR online | ITR corrections online submission- Easily correct your income tax returns and refile them with Taxraahi income tax software for free. E-filing revised return made easy by Taxraahi.
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