Tax Free Income-Ways to Save Taxes from Work to Retirement

Interest on EE/I bonds redeemed for qualified higher education expenses

Payments to the beneficiary of a deceased employee

Relocation payments or payments in lieu of worker's compensation

Rental allowance of clergyman

Social security benefits (if it is your only form of income)

Temporary Assistance for Needy Families (TANF)

What Are Other Examples of Nontaxable or Tax Free Income?

Please note...

Read more


Schedule 10, AT1 Schedule 14, and class 14.1 - TaxCycle ...

Carrying forward a T2 return with a tax year ending December 31, 2016

When you carry forward a prior year's T2 return with a tax year ending on December 31, 2016, the closing balance for CEC on line 300 of the�Schedule 10 carries forward to the opening balance in Schedule 8 as the�new Class 14.1.

Carrying forward a T2 return with a tax year straddling December 31, 2016

When preparing a T2...

Read more


Service tax rate chart for fy 2016-17 - Blog - Tax Masala


cenvat credit on input, input services and capital goods are not available.

�* changes applicable from 1st April, 2016. For detail article about service tax changes applicable from 1/4/16 read here .

Note: Service tax rate 14.5% is applicable for period during 1/4/2016 to 31/5/2016. Refer point of taxation article for further clarification. In above chart, replace 15% with 14.5% in above...

Read more


Related topics : calculator tax rate / tax rate chart / detailed tax calculator 2016 / exemption tax calculator / input tax credits

IRS Announces Standard Mileage Rates for 2014 - Small ...

For More On Standard Mileage Rate 2014

For the 2013 tax year, see our article on 2013 mileage rates . For the 2015...

Read more


Related topics : 2016 taxes

Quarterly Estimated Taxes are Due Next Monday for Q4 2016

Quarterly Estimated Taxes are Due Next Monday for Q4 2016

Quarterly Estimated Taxes are Due Next Monday for Q4 2016

January 10, 2017

by The Driver Leave a Comment

Quarterly Estimated Taxes are Due Next Monday for Q4 2016

Just to remind you, the last payment for 2016 Estimated taxes is due next Monday, Jan 16. The first one (Q1 2016) was back on April 15th when you filed your taxes.


Read more

Date: 2018-04-05 18:31:58

BDO Knows: ASC 740 - March 2016 - Accounting, Tax, Audit ...

Home > Insights > Tax > ASC 740 > BDO Knows: ASC 740 - March 2016

BDO Knows: ASC 740 - March 2016

March 2016

Download PDF Version


On December 18, 2015, President Obama signed into law the Protecting Americans from Tax Hikes (PATH) Act of 2015 (the "Act") and the Fiscal Year 2016 Budget (the "omnibus"). The Act contains provisions that retroactively restore and extend a large number of...

Read more


10 Tax Deductions & Benefits for the Self-Employed

Married filing separately


The income thresholds for additional Medicare tax apply not just to self-employment income, but to your combined wages, compensation and self-employment income. So if you have $100,000 in self-employment income and your spouse has $160,000 in wage income, you'll have to pay the additional Medicare tax of 0.9% on the $10,000 by which your joint income exceeds the...

Read more


40% Tax Band Increased for 2016/17 - UK Tax Allowances

The chancellor George Osborne this week announced in his extra budget that the figure at which the 40% tax band kicks in will be increased from 2016 to £43,000 from the current level for 2015/16 of £42,385.

The 2015/16 figure of...

Read more


Related topics : uk tax allowances 2016 / tax bands 2016 / uk tax allowance 2015 / uk tax allowance / tax uk bands

Income taxes abroad - France - EUROPA

You live in France for at least 6�months of the calendar year: In that case, you have to pay tax in France on your total income earned in France and abroad.

You live in France, but for less than 6 months of the...

Read more

Date: 2018-03-19 16:40:39

Related topics : income tax calculator france / income tax rate calculator / resident income tax return / income tax return due / tax income return calculator

Tax Planner Spreadsheets -

Last Updated: April 4, 2018

Income Tax Planning Spreadsheets

A 2018 version is now available with the recently signed tax laws going into effect on January 1, 2018.

Don't be fooled by the lack of complexity of this web page.� The software available on this web site is amongst the most sophisticated and user friendly for planning your taxes.� We put our energies into the...

Read more

Date: 2018-04-05 04:41:32

History of taxation in the United Kingdom - Wikipedia

History of taxation in the United Kingdom

From Wikipedia, the free encyclopedia

Jump to: navigation , search

History of taxation in the United Kingdom includes the history of all collections by governments under law, in money or in kind, including collections by monarchs and lesser feudal lords, levied on persons or property subject to the government, with the primary purpose of raising...

Read more

Date: 2018-04-03 05:27:10

Canadians will ring in 2017 with some tax changes ...

Canadians will ring in 2017 with some tax changes

The changes will affect the bottom line of federal and provincial governments for instance Ontarians will get an eight-per-cent rebate on rising hydro bills.

Canadian face some tax changes in the new year after a busy 2016. Nationally, the federal government is cancelling income splitting for families.��(Graeme Roy / THE CANADIAN PRESS)


Read more

Website: - Tuition Education and Textbook Tax Credits

Tuition Education and Textbook Tax Credits

Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?


Need an accounting, tax or financial...

Read more

Date: 2018-03-28 22:21:32

NCAC Adoption Tax Credit 2017 - Every child deserves a ...

Claiming the Federal Adoption Tax Credit for 2017

Updated March 2017

For more about the adoption tax credit, see our main page on the subject and our FAQS

If you finalized your adoption in a year other than 2017, please use the links in the menu to go to the page of the year that you adopted.

For adoptions finalized* in 2017, the adoption tax credit is up to $13,570 per child. The 2017 adoption...

Read more


How I Finally Got My Income Tax Refunds In Malaysia | Just ...

I finally got my Income Tax Refunds for year 2014 and 2015 from the Inland Revenue Board Malaysia (IRBM), also known as Lembaga Hasil Dalam Negeri (LHDN) last week, and I am excited to share my experiences on how I managed to get my excess tax payments refunded to me. Hopefully this will be useful to those who are in the same situation as me.

Please note that all the information that I have...

Read more

Date: 2018-04-05 15:20:35

Tax on self-employment income while remaining employed

Your tax-free Personal Allowance usually gets allocated to your employment, so the tax on your self-employment will be at your own highest tax rate. If your total income is below £41,865, the tax on your self-employed income will be 20%, but any income over £41,865 will be taxed at the higher rate of 40% (income above £150,000 may be taxed at 45%).

Additionally, you pay Class 4 National...

Read more


Miscellaneous Taxes | Department of Taxes

For natural gas, coal, and electricity, the tax is computed on the retail sale price of the fuel.

There is an additional petroleum distributor licensing fee for heating oil, kerosene, and other dyed fuel delivered to a business or residence. This licensing fee has been extended, and will terminate on April 1, 2021.

Due Date

The final quarterly Fuel Tax Return (Formerly Fuel Gross Receipts Tax)...

Read more

Date: 2018-04-05 17:28:54

Income tax return: How to file ITR for FY 2016-17 and all ...

How to file ITR for FY 2016-17 and all the links you need


Updated: Jun 19, 2017, 01.32 PM IST


To start, collect all the required documents such as your TDS certificates, capital gains statement from mutual funds for the FY16-17.


Which ITR form to fill for FY 2016-17 and tips on how to fill it

The Income tax department has already notified the income tax return forms to be...

Read more

Date: 2018-04-05 16:39:20

Income Tax : City of Akron

The deadline to file the 2017 Individual Akron Income Tax return is April 17, 2018. For Information on how to file your 2017 taxes click here . 

For information on the City of Akron's Contractor Registration Program click here.

The City of Akron Income Tax Division collects and administers the Akron City Income Tax as well as the Income Tax for the following four Joint Economic Development Districts:

Bath - Fairlawn - Akron JEDD

Coventry - Akron JEDD

Springfield - Akron JEDD

Prior to January 1, 2018 the tax rate for the City of Akron as well as the four JEDDs is 2.25%.  The new tax rate of 2.5% is effective January...

Read more


Marginal tax rates in 2015-16 (UK Finance Act 2015) | ACCA ...

Marginal tax rates in 2015-16 (UK Finance Act 2015)

1 Unit


In 2015 - 2016, a person with an income of £121,200 or more is not entitled to any personal allowance. David Harrowven explains the impact this will have on individuals

Studying this technical article and answering the related questions can count towards your verifiable CPD if you are following the unit route to CPD and the content...

Read more


TD 2016/13 - Income tax: what are the reasonable travel ...

Taxation Determination

TD 2016/13

Income tax: what are the reasonable travel and overtime meal allowance expense amounts for the 2016-17 income year?

Please note that the PDF version is the authorised version of this ruling.


This publication provides you with the following level of protection:

This publication (excluding appendixes) is a public ruling for the purposes of the Taxation...

Read more


Related topics : income tax assessment act 1997 (itaa) / tax return claim expenses / income tax assessment act 1997 pdf / income tax assessment act 1997 / income tax allowance

Superannuation changes: how capital gains tax relief will ...

View all announcements

Readers of this column over the past month will be aware that part of the changes include a special capital gains tax (CGT) relief concession for those with pensions currently in place.

Behind this relief is an entitlement to reset the CGT cost base of selected investments to their value when a pension with more than $1.6 million is restructured into a $1.6 million pension...

Read more


Related topics : capital gains tax relief smsf / capital gains tax relief on sale of property / capital gains tax investment property 6 years / capital gains tax investment property sale / investment property capital gains tax rate

The Salary Calculator - Pro-Rata tax calculator


Resident in Scotland

From April 2017 If you live in Scotland, income tax is calculated differently than if you live in the rest of the UK. The rates and thresholds are set by the Scottish Government.

You are classed as living in Scotland if that is where your main residence is. More information is available here and here .


Tax Code

If you know your tax code, enter it here to get a...

Read more


IRS Updates Estate and Gift Tax Limits for 2016 - A Global ...

The IRS has just announced the estate and gift tax limits for the New Year, which are indexed for inflation annually. For 2016, an individual is able to leave $5.45 million ($10.9 million for married couples) to his/her heirs without being tacked with federal estate or gift tax. This is up from the 2015 limit of $5.43 million per individual.

Changes for 2016

Tax free inheritances of $5.45 million can be made in 2016, and for high net worth individuals trying to cut down their estates to stay below the...

Read more


Related topics : 2016 taxes

About Casualty Deduction for Federal Income Tax - TurboTax

You may be eligible to claim a casualty deduction for your property loss if you suffer property damage during the tax year as a result of a sudden, unexpected or unusual event.

The article below is accurate for your 2017 taxes, the one that you file this year by the� April 2018 deadline , including a few� retroactive changes �due to the passing of tax reform. Some tax information below...

Read more


IRS Estimated Taxes Due Dates 2015 - Blogger

* You do not have to make the Q4 payment due January 15, 2016, if you file your 2015 tax return by February 1st, 2016.

Who needs to pay estimated taxes?

In general, you must pay estimated tax for 2015 if both of the following apply:

You expect to owe at least $1,000 in tax for 2015, after subtracting your withholding and refundable credits.

You expect your withholding and credits to be less than the smaller of

90% of the tax to be shown on your 2015 tax return, or

100% of the tax shown on your 2014 tax return. Your 2014 tax return must cover all 12 months.

If you forget to pay (like I've done before), then you should make a payment as soon as possible...

Read more

Date: 2018-04-04 13:30:07

Personal Tax Allowance and Tax Bands for 2015 - 2016

marko No Comments Tax

Income tax and allowances

The personal allowance will be increased to £10,600 for 2015/16.The higher rate threshold, above which individuals pay income tax at 40%, will rise to £42,385 for 2015/16. The national insurance upper earnings and upper profits limits will increase in line with the higher rate threshold. The basic, higher and additional rates of income tax for...

Read more


Related topics : tax mileage allowance 2015 / uk tax allowance 2015 / income tax allowance / tax bands 2015 / uk tax allowances 2016