Tax Knowledge for Individuals & Households

Tax time doesn't need to be a stressful event if you maintain records throughout the year. Follow these tips to make filing your taxes a breeze.

Mistakes made when filing your tax return can lead to delays in receiving your refund. In my tax office I see mistakes that are often avoidable. Some "mistakes" are intentional and are illegal attempts at trying to increase a tax refund.

Tax Clearance is required if you retire, resign, or leave Malaysia for more than 3 months, and for the deceased. So how to apply for a tax clearance letter (TCL) and get your last month's salary ASAP?

If you are looking for job opportunities in Malaysia or already working here as an expatriate, these list of issues & Q&A on tax law in Malaysia LHDN will help you understand your tax exposure better.

Tax rates for filer and non-filer taxpayers are different in Pakistan; non-filers have to have pay more tax. Here's how to become a filer and appear on the active taxpayers list (ATL).

Flat tax success stories are fairly easy to find. A number of countries have seen impressive economic growth after adopting the flat tax idea. This is especially true since the fall of the Soviet Union. As countries formerly under Soviet communist...

When you donate something that isn't straight cash, you are responsible for recording its value if you want to get a deduction for it when you file taxes for the year.  Because much of what we donate is used, we cannot record its original value,...

Do you want to take advantage of financial benefits (lower taxes, business tax credits, in-state college tuition, etc.) by establishing residency in another US state? Here's what to do.

It is a given that the rich and corporations WON under the Trump-GOP tax act, but who else benefited or were hurt by this controversial law?

This information given here will help you to update your KRA PIN to iTax by logging into the iTax portal. All old PINs processed using ITMS are required to be updated to iTax.

The President promised both a tax cut and simplification of the tax form. In November 2017, Congress passed significant changes to the United States Tax Code. The Internal Revenue Service found ways to create a "postcard" tax return—by moving most of the lines off the main form.

Here's some tips on requesting penalty waivers from the Florida Department of Revenue.

A complete guide to file income tax return and wealth statement for tax year 2015 as a salaried or business individual, an AOP or a company using iris system.

In December 2017, the most significant change in the tax law in the past 30 years was signed into law and became effective for 2018. Some 65% of taxpayers will benefit from the changes with lower tax bills, 6% will see their tax bills increase and the rest will see no change with the new law.

Certain red flags that the IRS looks for can put you at risk for a tax audit. Stay out of trouble by reporting all of your income and only taking credits and deductions that your are entitled to and can support with proper documentation or receipts for all expenses.

I used TurboTax over 19 years for my business and personal taxes, so I can help you find the one you need. Updated for taxes due April 2020. It helps with filing overdue taxes too.