Tax Deduction for Interest on Student Loans
Tax Deduction for Interest on Student Loans, the government offers tax deductions for interest on student loans. The amount of the deduction depends on...
Taxes and How to Avoid Them in the United States
Taxes are often confusing because of their many layers and because people think only one type of tax exists. This can make it difficult...
Employee Retention Tax Credit Tips
Employee Retention Tax Credit Tips (ERTC) is a refundable tax credit that helps companies with low-wage employees to stay in the United States. The...
Taxable Income – How Much Money Should You Earn?
You have to earn enough money to pay taxes. Taxable income is calculated based on two basic types of payment: Salary and Profits. It's...
The student loan tax deduction explained, a step by step guide
If you are in the USA, you may be interested to know that there is a student loan tax deduction. This allows anyone with...
How to get an income tax e-refund
Only e-refunds now
The Income Tax Department problems refund only as an e-refund to the assessee. Issuing refunds using cheques has been discontinued. To acquire...
Disclose overseas earnings in tax returns or face penal action
Black Money has usually been a factor of difficulty for India, and the authorities have been trying to deal with it for ages. Recognizing...
Keep your date with filing profits tax returns
With the Income-tax Return (ITR) filing closing date fast coming near on July 31, 2019 for Financial Year (FY) 2018-19, taxpayers must examine...
Govt widens scope of direct tax code to make compliance simpler for taxpayers
NEW DELHI: The government on Wednesday widened the scope of a brand new direct tax code at the drafting board to make compliance simpler...
India seeks Swiss tax branch’s help in probe in opposition to six Essar firms
NEW DELHI/BERNE: India has sought the Switzerland tax branch's help in a probe towards six businesses of the Essar organization, which include the ones...