For most Americans, tax season is over and done. If you are in a select group of people, however, you may qualify for an automatic extension for filing your taxes. There's no magic...
Posted by Kimberly Perry CPA on 04/27/2017
The tax filing deadline in the US is normally April 15. It can also be April 16 or 17. The date moves forward if April 15 is on a weekend or on a public holiday. The IRS Requires...
Posted by Joseph J. Gormley CPA on 04/19/2017
With the end of the school year already upon many students, or just around the corner for others, it is time to pick out a college for those lucky seniors who just graduated. This...
For many students, receiving a grant or fellowship can provide a welcome break from increasing student loan debt. They can assist in covering expenses, as well as rewarding a student...
Financial aid is a great way to help pay for your educational expenses. Heading off to college can be expensive with all the tuition and fees, living expenses, and books that you need...
During the past few years, there have been a lot of questions about the new healthcare act. Many people who were not able to qualify for insurance before because of their pre-existing...
Tax Write OffsMillions of tax payers over pay their taxes every year because some of them are unaware of the tax deductible elements while a few of them overlook the items. But as...
The following items are included in income of taxpayer for a taxation year: Alimony or maintenance payments (s. 56(1)(b) and s. 56(1)(e)) Allowances for personal, living, or any...