If you run a business, whether small or big, it is always important for you to ensure that your business remains prepared and compliant. Minimum wage is a standard by which employers must not underpay workers. However, the Minimum Wage is revised every year by the concerned government. If you want to get more detailed … Read more
Today you will learn about the Social Security Tax Limits for 2024 here. However, the federal government has set a Social Security Tax Rate on your maximum annual earnings through 2024. The maximum SST Tax Limit for 2024 is $168600, up from $160200 in 2023. There has been a marginal increase of 3.2% in the … Read more
GST is a goods and services tax that applies to every purchase of taxable goods and services supplied in Canada. The current GST Rate in Canada is 5% and may vary by province and territory. So if you are looking for more information about GST Increase 2023-2024 as well as when is Canada GST Increase … Read more
IRS has announced the IRS New Tax Brackets 2024 which are determined according to the annual income of the individual. If you are here and want to know IRS New Tax Brackets for 2024 as well as when does IRS announced new tax brackets for the year 2024, then all the details are given below … Read more
If you are a Canadian and want to reduce the financial stress on a low income and are also affected by inflation and interest rates, the Government of Canada has implemented a plan in which eligible Canadians will receive double GST Tax Credit over an additional six-month period. The Goods and Services Tax Credit helps … Read more
This is important for all those users who are waiting for a Facebook settlement check if they have filed an FB Settlement Claim Form online. Due to the FB Privacy Breach Lawsuit, the United States Court has directed Facebook to complete the settlement and provide the claim to the eligible user. As per the FB … Read more
The Working Families Tax Credit (WFTC), which is a credit that gives individuals and families USD 50 to USD 1,200 depending on several factors like qualifying children, family size, and income, was introduced by the Washington State Department of Revenue (DOR) in February. According to the DOR, the refund is based on the federal Earned … Read more
If you are a taxpayer from USA than you must be in stress about the fact that you made a mistake already if you have filed an amended tax return. If you are waiting for a refund on your amended tax return, your anxiety may worsen as time goes on and you start to wonder … Read more
Today you’ll find out what a Quebec Tax Rebate is, the Types of Rebates you can get in Quebec and how to apply for a Rebate. In Quebec, the government provides all its citizens with financial tax relief on every purchase of goods and services. You may also be eligible for a Quebec Tax Rebate … Read more
The IRS adjusts the Standard Deduction for inflation each tax year. There are many factors involved in calculating your standard deduction such as your age, whether you are blind, whether another taxpayer can claim you as a dependent and many others. All of these factors, as well as tax filing status, are considered for the … Read more