The Canada Refund Agency is the country's tax collection authority. Everyone in Canada has to file income tax returns with the CRA annually. And even those who aren't obligated to file such returns are advised to do so voluntarily to qualify for certain benefits. Income tax in Canada is reported alo

IntroductionTax ID numbers are used to identify an employer and track his payroll tax requirements. It is analogous to the Social Security number for a business and is used as an identification mark. Because federal and state taxes are processed by different institutions, different...

Most women and men get married with out looking into his or her future partner's tax liability circumstance. In many situations, once you marry a person, you marry their Tax Debt also.

Unless you are self-employed, you should generally receive a wage or income statement at tax time. Taxpayers who are wage earners will generally receive a W-2, while other categories of income are represented using 1099 forms. Each 1099 form corresponds to a particular income type, but the type of f

Considering the present times, one has to care about whole budgeting of the year and finances that are involved. Tax is one of the major factors that affect our yearly finance. And for this reason ...

Filling in tax forms can be a daunting task no matter how old you are, and the form that you are required to complete will depend upon your individual financial circumstances. The Internal Revenue Service (IRS) provides guidance on choosing a tax form (Reference 1), and recommends that you use the s

Going through a foreclosure is never a pleasant experience, but when you end up owing the Internal Revenue Service, or IRS, money as a result of the foreclosure, things can get significantly worse. Depending on the terms of your mortgage and whether your lender forgives some of the debt you owe, the

Taxes are important and should be paid. They are the money that we pay to the government so that the government can serve us better. However, payment of taxes is a complicated problem.

"Perish the very thought of it," you say; but, it is, often, all one can do to get tax relief. Perhaps to lighten the emotional blow, one may think of bankruptcy as another way of wiping the slate clean and starting again.

When businesses buy equipment, they get to take a depreciation tax deduction and write off the cost of the equipment over several years. Section 179 of the tax code allows a small business to take a 100 percent tax write off of qualifying equipment in the year it is purchased. One of the restriction

When it's time to send in your taxes, you'll have to calculate how much money you owe the Internal Revenue Service, so that you can pay your tax debt and avoid any penalties. To calculate your IRS taxes, you'll have to have a copy of your W2s from your employer, or a copy of your last pay stub, and

Why change your business type, how to change from one business legal structure to another, and a checklist of business change tasks.

An employer identification number (EIN), also known as a federal tax identification number, is used by businesses. It's simple and free to obtain an EIN through the Internal Revenue Service (IRS) website, irs.gov. You can receive an EIN in seconds upon completion of the online application. Or you ca

La fonction de base de la comptabilite est de fournir des informations qui aideront a la prise de decision. La comptabilite a ses propres langue et cela sert de moyen de communication aux employes, investisseurs, creanciers et le gouvernement ministeres qui sont interesses dans l'entreprise. La

Prepare your 2005 tax returns on Form 1040A using easy-to-follow steps. Plus tips for preparing your tax return accurately and completely, from your About.com Guide to Tax Planning.

The items you purchase may be business deductions! Keep in mind that in order for an item to be deductible in your business it must have a business purpose and be ordinary and necessary in your business.

Breads, pastries, desserts, cookie and pies -- these are the specialities of bakers and pastry chefs. Both professions are food preparation specialists, although bakers tend to work in retail and manufacturing environments, while pastry chefs usually work in restaurants. Both devise recipes and crea

Even though a U.S. citizen may reside in Canada, the federal government requires that she file income taxes in the United States. The filing requirements are exactly the same, reporting any income gained worldwide and on the Form 1040. As a Canadian resident, you will also be required to report your

Filing income tax returns can be a complicated task for just about any individual. Even when you have been filing returns for more than five to ten years, you might not know all the intricacies ...

From April 2012 small companies are allowed to claim corporation tax relief equivalent to a generous 225% of any qualifying revenue expenditure incurred on qualifying research & development (R&D) initiatives. This provides an excellent incentive to SMEs to fund greater levels of R&D from 2012/13.