Unemployment tax break in the USA: All you need to know
The Unemployment tax break in the USA is applicable for taxpayers who earned an income that was less than $150,000. This tax break allows compensation of $20,400 for married couples who file taxes jointly and $10,200 for other eligible taxpayers.
Tax Liabilities for Non-Resident Canadian Citizens Earning Rental Income from Canada
There are two ways income is generally taxed, federal level and provincial level. A non-resident Canadian citizen having a rental income from the property based in Canada brings along a lot of basic requirements to look after in order to
Paying taxes in two countries? Learn all you need to
If you are a citizen of the United States but employed by a company in Canada, then you are required to pay taxes on your earned income in both countries. This is called double taxation wherein you are required to
Accountants at Your Fingertips
It is essential for any business to have in place systems that are easy to use, stable, and reliable. The first problem when a company is planning to invest in these features is the cost. These features are very expensive,
What Is Free Tax Clinic In Canada?
A tax-free clinic is a well-established civic forum where trained volunteers at community levels assist eligible people to get their tax returns accomplished for free. These tax clinics are introduced and hosted by several reputed community organisations across Canada through
What is IRS Free File?
The IRS Free File is a civic collaborative undertaking of a public-private alliance between IRS (Internal Revenue Service) and several leading tax filing and preparation software. The providers assist the eligible taxpayers to prepare and virtually file their federal tax
How Expats Can Register For A Business Number?
Canada is regarded as one of the promising nations in terms of ease of doing business. It provides a favourable atmosphere to start and run a business. Importantly, for the expats who want to flourish their business in Canada, the
How An Employed Immigrant Can Pay Employment Taxes In The US?
The United States is the financial centre of the world. Millions of aspirants migrate for work and maintain a high standard of living. The migrant employees who have freshly arrived in America face new proximity. They experience a new culture,
What Are Accounting Mistakes?
One could say that it was an unfortunate event which led to the downfall of the company. It was a simple mistake but the effects were detrimental and devastating. A simple mistake by a simple clerical worker resulted in thousands
Can an immigrant receive child and family benefits in Canada?
The Canadian government offers child and family benefits under taxation rules. Yes, immigrants and all eligible citizens are also welcome to redeem the tax benefits if they fall under the eligibility criteria of the government. The CRA (Canada Revenue Agency)