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Tax Knowledge for Individuals & Households

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  • 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.

    Some Changes in Your 2018 Income Tax

    Some Changes in Your 2018 Income Tax

    by Cindy D Whipany0

  • Learn all the various advantages and disadvantages of direct taxes. This articles explains all the merits and demerits or advantages and disadvantages of direct taxes.

    Advantages and Disadvantages of Direct Taxes

    Advantages and Disadvantages of Direct Taxes

    by Syed Hunbbel Meer9

  • This information given here will help you to update your KRA pin to iTax. All old pins processed using ITMS are required to be updated to iTax. You do this by logging in to the iTax portal.

    How to Update a KRA Pin to iTax

    How to Update a KRA Pin to iTax

    by Patrick Kamau52

  • 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.

    IRS Red Flags That Put Your Tax Return at Risk for an Audit

    IRS Red Flags That Put Your Tax Return at Risk for an Audit

    by bankscottage14

  • 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...

    Pros and Cons for the U.S. of Flat vs. Progressive Taxes

    Pros and Cons for the U.S. of Flat vs. Progressive Taxes

    by Glen Nunes41

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