Tax Reforms

Bitcoin Tax

Bitcoin Tax - The lack of official information on cryptocurrency and bitcoin taxation is not making Canadian taxpayers’ lives easier. The Canada Revenue Agency...
Tax Reforms

Tax credits in USA

Tax credits in USA. A tax credit is an amount of money that taxpayers can subtract from taxes owed to their government. The value...
Tax Reforms

The Tax Evasion

The Tax Evasion- Tax evasion refers to any attempt to avoid payment of taxes owed by illegal methods. It is a crime in which...
Tax Reforms

Tax haven

A tax haven or offshore financial center is any country or jurisdiction that offers minimal tax liability to foreign individuals and businesses. Tax havens...
Tax Reforms

Canadian Taxation for Seniors

Seniors Canadian Taxation for Seniors - CRA allows seniors to claim a number of tax benefits on their returns. They are commonly entitled to receive tax...
Tax Reforms

Tax Filing Procedure for NRI

Income Tax for NRI Tax Filing Procedure for NRI - We all know that taxes collected from citizens is the foundation of Indian Economy. Section...
Tax Reforms

Types of Taxing

Types of Taxing - Every April we have to go through filing federal income taxes, on our own or with the help of a...
DEPRECIATION

Tax planning

Tax Planning is an activity conducted by the taxpayer to reduce the tax liable upon him/her by making maximum use of all available deductions,...
Tax Reforms

Tax Filing Procedure For Residents

Tax Filing Procedure For Residents. In Canada, income tax is administered by the Canada Revenue Agency (CRA). The Canadian income tax year is from...
Tax Reforms

TDS

What is TDS? The full form of TDS is Tax Deducted at Source, as the name suggests, it is a collection of tax at the...