The Tax Preparation Blog

Archive for the ‘Tax Software’ Category

J.K. Lasser’s Your Income Tax 2010: For Preparing Your 2009 Tax Return $5.00 America’s number one bestselling tax guide offers the best balance of thoroughness, organization, and usabilityFor over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser’s Your Income Tax 2010 includes all the outstanding features that have ma…

Freedom Debt Relief Presents 6 Questions to Ask Before Paying Off a Mortgage Early

Early mortgage payment an option for households without other debt.

Recovery: Making Work Pay – Married (ASL, Captions & Voice Over)

Question: tax return in canada?

i worked for a year in canada on a working holiday visa, i will soon be going back home to europe – how do i go about getting a tax return?
i know there are companies that can do it, but one quoted me 10% as their fee, and having estimated that i may be entitled to $2000 return, that would mean im paying them $200 which seems a bit of a rip off.

Answer: First, determine if you are considered a resident or a non-resident of Canada. Once you’ve figured that out, you’ll be able to use either the General Income Tax Return, or the Return for non-residents and deemed residents.

http://www.cra-arc.gc.ca/formspubs/t1general/menu-e.html

http://www.cra-arc.gc.ca/E/pub/tg/5013-g/5013-g-01-06e.html

The International Tax Centre might be able to help you in determining your status, if you’re stuck. They are at:

1-800-267-5177

Top Things Families Should Know About Taxes

OTTAWA, ONTARIO–(Marketwire – 03/08/11) – The Canada Revenue Agency (CRA) has a number of benefits, credits, and services to help families meet their financial obligations throughout the year, reduce the amount they owe at tax time, and provide them with convenient online options. Read on to see if the following tips can help you or your family. 1. Child benefit amounts: Use our online benefit …

9.12 DC TEA PARTY – MARCH FOOTAGE WITH INTERVIEWS

Question: What do I put for the 2009 estimated total family income?

The UC and CSU app are both looking for my 2009 estimated total family income, but my mom hasn’t filed her tax return yet or something like that, so what do i do?

Answer: I put something around what my mom made last year. She has the same job and works about the same so that’s why.

You can just get the average she’s made monthly and just X 12

I don’t think you need to be spot on, as long as your not off by tens of thousands of dollars you know?

TurboTax Estimated Taxes Quarterly Income Tax Filer Win/Mac $8.63 Brand new Full Retail box…

RWE Says 2011 Profit to Fall 30% on German Tax, Power Prices

RWE AG, Germany’s second-largest utility, said profit will fall about 30 percent this year because of a tax on its nuclear power plants and “stagnating” power prices.

Form 1040 Child Tax Credit for 2010, 2011

The End of the US Dollar?

Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!

Ireland’s Sustainable Future: Prof. John Fitzgerald, ESRI

Question: Tax Question – Ontario, Canada?

Hi All,

How much tax approximately are you supposed to pay in total a year, when earning $40,000 income a year as an employee?

I understadn it will not be a precise number, I just need a rough estimate.

THANKS!

Answer: It will be:
$6800 in taxes
$1980 in CPP
$ 720 in EI

on 40,000 of income thats EI and CPP eligable (which is 98% of most people)

Self-employment, tax evasion, and the underground economy: Micro-based estimates for Canada (ITP working paper series) …

Hertz Reports Significant Year-Over-Year Improvement

PARK RIDGE, NJ–(Marketwire – 02/22/11) – Hertz Global Holdings, Inc. (NYSE: HTZ – News ) — Worldwide car rental revenues for the quarter up 5.8%, year-over-year, with U.S. car rental revenues up 6.1%. — Adjusted pre-tax income(1) for the fourth quarter up 73.5% over the prior year period, representing a 140 basis point margin improvement; GAAP pre-tax loss for the fourth quarter of $7.8 …

Canadian personal income tax – tax deduction vs. tax credit