New tax bill with significant reforms is out and taxpayers must expect numerous changes in 2018. Deductions for high standard, decrease tax rates and child higher tax credit for families...
The new tax reform law can significantly affect the income tax return of individual taxpayers in 2018. Some of the many changes to be expected are lower tax rates, higher standard...
A defined cash benefit plan is a pension plan which allow you to make contributions that are tax deductible up to a maximum amount. Contributions which are allowed are often dependent...
Income of a Taxpayer
Salary, wages, remunerations, for services and gratuities received by a taxpayer are all considered as income of a taxpayer. These types of incomes are taxable...