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Taxes : Business & Finance

How to File With Netfile

Every year Canadian taxpayers file their returns online with Revenue Canada's online interface called Netfile. Except for a few restrictions, most Canadians can file their processed returns easily through Netfile, saving time and money. Not having to provide proof of documents in order to file an on

What Paperwork Do I Need to Donate My Vehicle in California?

Donating your car allows you to aid a charity that you may not have money to support. The car will be towed and sold at an auction. The proceeds from the sale of your car will be sent to the charity of your choice. Each state has its own rules when it comes to donating your car. If you live in the s

How to Calculate Initial Investment Outlay

Return on Investment (ROI) is one of the most popular metrics used by investment analysts to measure investment performance. One critical variable in calculating the ROI is the initial investment outlay or the original cost of the investment. You can also use ROI to determine the initial investment

The Penalty for Filing Taxes One Day Late

April is a stressful time for many Americans -- especially procrastinators with taxes due. If you count yourself among them, it may be tempting to throw up your hands and assume there's a grace period or just deal with it when you can. Unfortunately, the luxury of time comes at a substantial cost. B

Online Tax Return Problems

Many taxpayers file annual federal tax returns online using computer software. Generally, the cost of filing online is less than the cost of hiring a professional accountant to calculate and file a tax return. However, there are several online tax return problems that can make the process frustratin

The Fight for Inclusion of Same Sex Marriage to the Tax Code Continues

According to the Section 3 of the Defense of Marriage Act (DOMA), a marriage for Federal purposes is a legal union between a man and a woman and "a spouse" refers to a person of the opposite sex. The Federal law therefore, does not recognize same sex marriages in spite of many states legal

Alternative Fuel Credit

One of the best part about the American Recovery and Reinvestment Act of 2009 (Stimulus Bill) is providing tax incentives from using alternative fuels. It generously offers funds in lowering the countries dependence in carbon based energy sources, and can viably decrease the pollution deposits inhib

Tax Credit 2010 - The Big 7 Tips You Must Know

Here is how you can get your $8,000 Tax Credit. At present, buying house at quite low prices (some because of foreclosures) there are fairly low interest rates, and the $8,000 Tax Credit is available for first time home-buyers. You must be quick before May 1st, 2010 and the money will be gone perman

Taxing Your Child's Investment Income

Do your children earn from investments you made in their name? There is a specific process to handle such income. Here are the tips.

Capital Gains Tax and Divorce

As a general principle transfers of assets between spouses living together, including Civil Partners, are deemed to take place on a 'no gain, no loss' basis and no charge to tax will arise. The acquiring individual is treated as if the asset was acquired for a consideration of such an amou

Working Capital

Working Capital. US Business Law / Taxes.

Tax Debt Problems

Tax debt will have a different affect than owing on credit cards, or other purchases. When you have tax debt you are dealing with an entity that does not give you much room to maneuver. ...

Federal Income Tax on Retirement Benefits

Understanding the federal income tax rules regarding your retirement accounts can be difficult because there are several different types of retirement accounts, some of which are funded with pre-tax dollars and others with after-tax dollars. Certain exceptions to the established income tax regulatio

What Can We Do Differently in Light of the IRS Data Breach

Thieves made off with the confidential tax data of over 100,000 individuals by hacking to an app on the IRS.gov Web site. Just what are we supposed to do? The IRS says there's nothing to do. Just wait for a letter to arrive in the mail. That didn't satisfy me. So I talked to Bill Ho and Ku

Income Tax Evasion Is Serious

Income tax evasion is a term we would not ordinarily think of when we pay our taxes.But the definition of tax fraud is illegal means to avoid paying taxes.Some people seem to think just fudging a little on their return is not really a big deal.Some people don't report all of their actual income

Ave Irs Debt Issues? Get Irs Debt Help With Irs Tax Relief

You need to take into consideration employing Tax Debt Help or IRS Specialized Relief should you have Tax Debt Problems that you're not able to handle on your own. To completely eliminate your IRS Debt Issues, you'll want an experienced IRS Tax Debt Relief company that is able to simply ai

How Do I Check My e-file Status?

In 2010, about 56 million -- or 82 percent -- of all American taxpayers filed electronically via e-file, according to the Internal Revenue Service. You can quickly check your e-file status through the IRS website.