LISA GREEN-LEWIS: Right. Yes. Only self-employed. And self-employed, they have to have an identified space where they do their business. So it can't be like the kitchen table where everybody eats or kids do homework. It has to be a specific area in their home where ...
Former NJ nursing home magnate pleads guilty to $38 million tax fraud Friday, November 22, 2024 You don't get the World's Best Boss title if you don't understand, and comply with, employment tax requirements. (Photo: Steve Carell as Michael Scott in The Office; NBC Universal Television...
Use of home after divorce: you are considered to have used property as your main home during any period when: you owned it, AND your spouse or former spouse is allowed to live in it under a divorce or separation instrument and uses it as his or her main home. These rules allow for t...
You may wonder why so much money comes out of your pay, where it goes, and what can be done to change the deducted amount. The good news is that you usually have some control over your deductions.
appliances, or decor can help potentially also increase the value of your home and make it look more appealing when you’re ready to sell. While these projects can get pricey, using your tax refund – combined with ahome improvement loanfrom us, can help make funding your project more realis...
Overall, I don’t think that an accountant makes a huge difference when filing your tax return and Turbo Tax does a pretty good job. In addition, if you are super anal like I am, you’ll end up double checking your accountant regardless which means you probably won’t save that much ...
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In case anyone forgets, I believe @Jan van Eck warned of a continuing crisis unfolding in parts of Canada: Revenues For Canada’s Oil Towns Dwindle As Firms Stop Paying Taxes And, this article from Oil Price contributor Tsvetana Paraskova gives further e
This is the tax you pay for selling assets in the securities market. A STT of 0.001% is eligible when you sell your equity schemes and exchange traded funds. Capital Gains: The profit you make when you sell a financial asset at a higher rate is called capital gains. When you sel...
Keep a folder at home to track bills and receipts as they come in and carry a small folder to stash receipts on the go. Take an inventory of your receipts each month as part of your tax check-in and organize documents so they're all in one place and easily accessible when you ar...