The Tax Preparation Blog

Posts Tagged ‘reference’

Question: Can I recalim californian sales tax at LAX Airport when travelling home to Europe?

I have bought an expensive watch while on holiday in California. I’d like to reclaim the Californian Sales Tax which I have paid as I understand that if I don’t reside in California I can recalim the tax. Whn I travelled from JFK airport in New York a number of years ago there was an office which would issue refund checks at the airport. Is there the same service at Tom Bradley airport? I have tried contacting Los Angeles airport authority on this but to no avail. Any help would be appreciated.

Answer: The US government does not refund sales tax (except for specific stores in Louisiana). Sales tax is different from a VAT Tax. Certain diplomats can get it refunded, but you need to carry an ID card and present it when you purchase the item.

While they may have done it years ago through JFK, they do not anymore.

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Energy efficiency loan program launches across Northern California

LAKE COUNTY, Calif. – Homeowners in Lake and 15 other California counties are now invited to apply for a 3-percent fixed interest rate 15- year loan to make energy efficiency improvements to their home as part of an energy retrofit program.

California begins vaccinating kids. Is it safe for you?August 7 2009

Question: what is the Due date of filing a Income tax return in Australia?

Answer: 31st of Oct or longer if lodging it through a Tax agent

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Former tech worker finds calling in tax prep

With W-2 forms hitting taxpayer’s mailboxes, it’s a reminder that tax season is here. Many will procrastinate, but for tax preparer Naga Donti, who owns a Jackson Hewitt Tax Service franchise in Lowell, there’s no time for delay. He estimates his office will complete just under 2,000 tax returns by April 18, the due date for 2010 federal income tax …

eFile Use Tax Tutorial

Question: Submitting my very first tax claim?

I will be filing my first tax return. I am on Post Graduate work permit at the moment and here is my recent history in Canada

1. Sept 2006 Enrolled for a masters degree
2. Graduated Dec 2007
3. Started Job March 2008
4. Filing taxes

I received my first T4 slip in January for the year 2008. I signed up at Quicktax online and was filling out…. It asked me to whether I wanted to create a student profile. I did and there is a huge tax refund due to my tution fee which is around $30,000. I only received a 2202A form for Jan 2008 – Dec 2008, when I was enrolled in only one course. I did not receive anything for 2006 or 2007 probably because I was not working had no record at CRA.

Can I still ask for the tax refund for my previous years?

Answer: Regardless of whether you have ever filed a tax return, you should have received a T2202A slip for your tuition fees paid in 2006 and 2007. Speak to the someone at the university about getting copies of these, as they will be very valuable to you now that you are earning income.

Once you get the slips, you will need to file tax returns for 2006 and 2007 to report the tuition fees and related education and textbook credits. Assuming that you had no income in these years, you will not be penalized for late filing. The tuition and related credits will then be available for you to claim as tax credits on your 2008 return. Any amounts that you are not able to use in a given year can be carried forward to future years.

Have a look at the CRA pamplet P105 – Students and Income Tax for more information.

http://www.cra-arc.gc.ca/E/pub/tg/p105/README.html

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Bank on dividend compounding

Advice for the income investor.

Foreclosures in Canada – CanadaForeclosureList.ca

Question: Why do the middle class in USA pay less taxes when compared to other countries?

Taxation Statistics > Statistics > Contribution by middle 40% (Latest available) by country
Rank Countries
Amount (top to bottom)

#1 Denmark:
37.2%
#2 Germany:
36.5%
#3 Netherlands:
36.1%
#4 Norway:
36.1%
#5 Sweden:
35.8%
#6 Finland:
33.4%
#7 Canada:
33.4%
#8 Belgium:
32.6%
#9 United Kingdom:
32%
#10 Australia:
31.1%
#11 Italy:
31%
#12 Ireland:
30.3%
#13 United States:
28.4%
#14 France:
23.5%

DEFINITION: Proportion of taxes paid by the broad income group – middle class 40% . Taxes include all direct income taxes, including employee social security contributions. Income groups were built on the basis of final disposable adjusted income.

http://www.nationmaster.com/graph/tax_con_by_mid_40-taxation-contribution-by-middle-40

Answer: Less socialist spending.

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How and what Canadians contribute to charity (A study / of the Canadian Centre for Philanthropy) …

Statistics of income and related administrative record research, … : selected papers given at the … annual meeting of the American Statistical Association in (SuDoc T 22.35/2:R 31/) …

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Economic growth resumes in Canada, but outlook clouded by high dollar, debt

OTTAWA – The Canadian economy has begun growing again, advancing by a modest 0.2 per cent in October after setbacks in two of the previous three months.

Hunters Contribute to Wildlife Refuge Habitat

H&R Block At Home Deluxe + State Tax 2011 Software $12.59 The H&R Block At Home Deluxe + State Tax Preparation Software is made for home owners and investors who want accurate information for complex tax situations. It offers a customized interview process to help you complete your federal and state taxes. The Accuracy Review feature checks the returns to ensure they’re accurate and complete, and you can also get free advice from the trusted community ta…

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What you should back up and how you should do it

We store much of our lives on our Macs and therefore we must back up those Macs. But what and how? Here are some answers.

HOTSALE POS For Mac And Windows – Tax Setup