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Canadian Income Tax Calculator News

Can One Spouse Claim Another Spouse as a Dependent?
People often ask if the husband, or wife, can claim the other spouse as a dependent. The following scenario that was emailed to me pretty much outlines the basic situation: "My...

IRS Asks Congress to Change the Law on Cell Phones
Cell phones provided to employees may soon be a tax-free transaction, if the IRS gets it's way. Doug Shulman, the Commissioner of the IRS, is urging Congress "to make clear...

Recommendations for Improving E-File
The Electronic Tax Administration Advisory Committee, a fourteen-member panel that advises the IRS, has presented its 2009 annual report to Congress (pdf file, 27 pages). In their report, the committee...

Voluntary Disclosure for Filing Late Foreign Bank Account Reports
Updated 6/25/2009 due to a second set of frequently asked questions published by the IRS. The Internal Revenue Service is in the middle of a crackdown on US citizens who haven't...


 
 
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