In this parable, a Pharisee and a tax collector went to the temple to pray. The Pharisee prayed about how good he was, but the tax collector asked…

Tax portal

A tax treaty is a bilateral (two-party) agreement made by two countries to resolve issues involving double taxation of passive and active income of each of their respective…

Tax portal

A careless mistake on your tax return might tack on a 20% penalty to your tax bill. While not good, this sure beats the cost of tax fraud…

Tax portal

Taxable income Employment, self-employment, interest and other income Capital Gains First $49,020 25% 12.50% Over $49,020 up to $98,040 30.50% 15.25% Over $98,040 up to $131,220 36% 18%…

Tax portal

Income Taxation: The benefits received under a SERP plan will be taxed to the employee as ordinary income when received. At that time, the employer will receive an…

Tax portal

The tun (Old English: tunne, Latin: tunellus, Middle Latin: tunna) is an English unit of liquid volume (not weight), used for measuring wine, oil or honey. Typically a…

Tax portal