Tips On Keeping Great Records

Every year tax season comes and during this period we used to make ourselves busy for preparing the tax returns within time. Each and every individual have tax returns and after the return file, they will get a receipt for the payment. So these receipts are nothing but the great records of each and every…

Tax Free Sale of A Business

During a sale of any business, the seller faces quite a tax bill. Usually, people who sell their businesses encounter significant losses after paying all the taxes. However, whatever type of business you have, you can sell it without incurring tax. The IRS taxes the profit you make from selling the said business. It is…

What is Taxpayer Relief Program?

The Taxpayer Relief Program is an platform which can help to eliminate or at least reduce the penalties or the interests due on Income Tax. However, there are certain circumstances under which the Canada Revenue Agency (CRA) reduces or waives off the penalties or interests levied on Income Tax. Although this is a tough and…