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Income Tax Exemptions For Merchant Mariners
Over the last 50 years US Merchant Marine ships have declined at an alarming rate. In 1951, there were over 1,200 privately owned US Merchant Marine commercial ships sailing the oceans. However, today there are hardly 101 US owned ships that are engaged in foreign trade.More... |
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Trust Fund Income Tax Exemptions
| Many people think that trust funds are just for the rich and the famous. However, this is not true. A trust fund can be set up by anyone and it definitely offers a lot of tax exemptions for a range of income levels.More... |
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Disability Tax Exemptions
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A healthy person would describe a disability as an inability to perform certain activities because of impairment. However, we have to realize the disability can be either mental or physical, and it is not restricted to just physical.More... |
Fire Fighter Tax Exemptions
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If you are a fire fighter in the US, then the same tax laws apply to you in the same manner as other types of workers. It does not matter whether you are a volunteer or a regular fire fighter. You are termed as an employee and you are considered one for federal tax purposes.More... |
Income Tax Exemption For Legally Blind Persons
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A legally blind person is the US is one whose visual acuity is 20/200 or less in the better eye with corrective lens. A person is considered legally blind if his widest diameter of visual field is not greater than 20 degrees.More... |
Senior Federal Income Tax Exemption
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According to available research, it has been seen that seniors make errors when preparing their federal tax returns. This could be because they are not aware of the senior federal income tax exemption they are entitled to or at times it simply because of old age.More... |
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