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The Child Tax Credit 1

The Child Tax Credit

Some of the most successful US social support programs are enforced by tax legislation. Plans such as receiving income tax benefits and deductions for mortgage debt render it better for…

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TURBOTAX REFUND CALCULATOR AND THEIR DETAILS 2

TURBOTAX REFUND CALCULATOR AND THEIR DETAILS

TURBOTAX REFUND CALCULATOR AND THEIR DETAILS HOW CAN I MEASURE MY RETURN OF TAX? Our calculator does the job for you. To decide your filing position, you must fill out…

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COMPREHENSIVE SCHEDULE FOR RECEIPT OF INCOME TAX REFUNDS 3

COMPREHENSIVE SCHEDULE FOR RECEIPT OF INCOME TAX REFUNDS

COMPREHENSIVE SCHEDULE FOR RECEIPT OF INCOME TAX REFUNDS In addition to analyzing last year’s income and court estimate of taxes to be charged, as long as the 2020 tax return…

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WHO IS A QUALIFYING CHILD? 4

WHO IS A QUALIFYING CHILD?

You could be liable for Child Tax Credit (CTC) if you have one boy. The CTC is built to account for some of the money you’re spending on the boy….

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Ramadan health benefits - The benefits of fasting to the human body 5

Ramadan health benefits – The benefits of fasting to the human body

Ramadan health benefits – The benefits of fasting to the human body Fasting has many benefits for the body. It is an annual prevention that protects the health of the…

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What is a healthy diet? How to eat healthy according to science? 6

What is a healthy diet? How to eat healthy according to science?

What is a healthy diet? How to eat healthy according to science? Last year, you or someone around you probably had a diet. Statistics show that in the past 12 months, 49.3%…

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Professor Josh Cartu: Economic Damage of Coronavirus 7

Professor Josh Cartu: Economic Damage of Coronavirus

Professor Josh Cartu: Economic Damage of Coronavirus There are currently over 4.2 million people infected by the Covid-19 virus across the world, with 286,000 fatalities. Despite global quarantines and over five…

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Purpose of Earned Income Credit

Purpose of Earned Income Credit

Purpose of Earned Income Credit One of the limits on making deductible contributions to a registered retirement savings plan (RRSP) is your “earned income” for the previous taxation year. Basically,…

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qualify for Earned Income Credit

How to qualify for Earned Income Credit

How to qualify for Earned Income Credit Employment income earned abroad is a gain received from an employer located outside of Canada. Revenues must be reported in Canadian dollars. Use…

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Dependent Tax Credit

Eligible Dependent Tax Credit Objectives and Description

Eligible Dependent Tax Credit Objectives and Description The eligible dependent credit is a federal non-refundable tax credit designed to take into account the fact that a “taxpayer who does not…

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