Interest is taxable but often overlooked

Interest is taxable but often overlooked

Any interest that the tax payer receives directly, or through a credit in his account and is of the nature that it can be withdrawn at a future date without…

Obama Care Explained in Plain English

Obama Care Explained in Plain English

The US President, Barack Obama and the Congresss, signed an agreement in the year 2010 to bring Obamacare into practice. This is a health insurance scheme initiated by the President,…

Why you won’t be audited?

Why you won’t be audited?

Last year, the US saw a huge fall in the tax audit rates by 5.3%. This reduces the probability of individuals being audited.  This research was conducted by the Transactional…

How to claim the Small Business Tax Savings Credit

How to claim the Small Business Tax Savings Credit

The small business employers are given excellent benefits in the Affordable Care Act. These small business employers provide good health care plans to their employees and hence they are given…

Writing off your summer vacation

Writing off your summer vacation

Summer vacations can burn a big hole in one’s pocket; however avoiding them is not the long term solution. Working without taking any vacations can kill a person’s work life…

IRS using tracking to understand more about the tax payers than just their tax returns

IRS using tracking to understand more about the tax payers than just their tax returns

The Internal Revenue System (IRS) is an organization that is responsible for collecting the taxes of the general public. It holds a highly reputed position and is constantly improving on…

President Obama has been a boon for entrepreneurs and small businesses.

President Obama has been a boon for entrepreneurs and small businesses.

The health care plan issued by President Obama has been a boon for entrepreneurs and small businesses. This Affordable Care Act gives these small businesses lot of support and help…

New York Times gets so- called “Cadillac Tax” wrong

New York Times gets so- called “Cadillac Tax” wrong

Healthcare-Now! is an online portal that specializes on the health schemes of US and helps the people to understand the schemes better and ways to access the same. Recently it…

How to fix taxes – after you file

How to fix taxes – after you file

There are chances of mistakes to happen while filing an income tax return. In the hurry to file tax returns, people may tend to miss out basic details and realize…

Apple Tax Conspiracy Explained

Apple Tax Conspiracy Explained

There was a huge uproar among the US Senators that the IT major Apple has been evading billions of tax payment by using loopholes and gimmicks to escape from the…