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Although April 30th of every year is the deadline for Canadians to file their tax returns (June 15th for Self-Employed taxpayers), the Canada Revenue Agency (CRA) encourages taxpayers to start working to file their tax returns earlier to prevent filing errors as a result of last-minute rushing. Additionally, the CRA also announced February 10, 2014 as...
In December 2013, the U.S. Internal Revenue Service (IRS) announced that filing a federal income tax return should happen on a yearly basis, even if no taxable income exists, to avoid issues in the future. AG Tax professionals have prepared a list of situations, using the IRS’s guideline, which will help you determine whether you...
Earlier this month, AG Tax provided a summary of the estimated tax brackets for 2014, together with certain inflation-sensitive tax figures, such as personal exemption, the standard deduction, and tax benefits. The IRS has now confirmed these rates. Inflation causes a rise in the price levels of goods and services over a period of time and...
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© AG Tax LLP | All Rights Reserved | Website by AromaWebDesign.com