blic debt. ~ Public revenue is the income of the Government raised from all sources in order to meet the public expenditure. *MEANING: ~ Public revenue refers to government revenue. The important sources of public revenue are taxes, sale of public goods and services, fees, fines, donations, etc. ~ The source of public revenue can be : TAX REVENUE, NON-TAX REVENUE. *SOURCES: A) TAX REVENUE: ~ Taxes are the most vital sources of public revenue. ~ ‘…
Filed under Tax Gift by on Mar 29th, 2011. Comment.
trusts, except that you cannot revoke (that is, change or end) the trust after you have established it. In addition to having the same benefits as a revocable trust, an irrevocable trust also may provide savings on the estate taxes, and may prevent the loss of government benefits for a loved one. Joint Ownership: Joint ownership, used for a variety of purposes, can have positive or negative effects on access to jointly owned property. Your decisi…
Filed under Franchise Tax Board Refund by on Apr 5th, 2011. Comment.
I used money from my home equity loan to pay off some of my personal debts. Can I deduct interest? In some instances, it is possible for individuals to deduct the interest of such home equity loans on their state and federal taxes, which are, or at least should be, filed annually the Internal Revenue Service. Despite the fact that the money can be used for reasons other than to buy, build or improve an individual’s place of residency or …
Filed under Tax Refunds by on Sep 2nd, 2009.
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Filed under File Tax Return by on Mar 9th, 2011. Comment.