About Taxes
Taxes are levies imposed on individuals and businesses by the government. There are different types of taxes including income tax, sales and use tax, and payroll taxes.
This blog page will cover information regarding taxes, payments, credits, deductions, and amendments and changes to the tax laws. Educate yourself as to how the tax system works and get helpful information and insights on how to track your tax obligations.
Unauthorized Immigrants Can Claim for the ITIN Help to Avoid Unnecessary Tax Hardships
An ITIN is a nine digit number that must be used on all statements and tax related documents if the…
Tax Preparation Office - Compliance Testing and Training
In the wake of our nation’s most troubling economic recession since the Great Depression, regulatory committees, corporations, and small businesses…
Why Self-Employed People Sometimes Need A Federal Tax ID Number And How To Get One Free From The IRS
There is a line on the small business tax form asking for your EIN; something required by the IRS in…
How Donation for Tax Benefit Works
It’s the time of the year when everyone is trying their best to figure out how to avail tax benefits…
5 Things to Consider While Selecting a Financial Planner
Unlike someone calling himself a CPA or a physician, just about anyone can call himself a “financial planner” or a…
Making a Roth IRA Withdrawal Can Be Tax Exempt
Roth IRAs are more financial flexibility then traditional ones, especially if you ever need to access your money early from…
Understanding the Legal Technicalities of Call Center Outsourcing Services
Legal formalities can take the easiness out of call center services. Countries like India which are popular inbound and outbound…
How To Report Your Inventory To The IRS At Tax Time When Your Are Self-Employed
If you work for yourself and make or buy items for resale, according to current IRS rules you have inventory…
How to Calculate Rental Property Cash Flow
Cash flow is why most real estate investors make an investment in rental properties. Whether to get a steady stream…
Lower Your Taxes With International Tax Planning
International tax planning means development of the most fair tax regime for the taxpayer. Globalization brought new opportunities for both…
Tax Tips For Self-Employed Contractors In The Building Trade Industry
Men and women in the building trade are generally not schooled in the art of running a business, or in…
The Bahamas: A Snorkeler's Paradise
The Bahamas are an island chain in the Caribbean, off the coast of Cuba and Florida. The word “Bahamas” can…
Mortgage Interest Deductions - Insights Into Property Tax Saving
Most of the middle income taxpayers are often worried about the total amount of taxes that they would have to…
New Jersey's Tax Exemption And Abatement Laws
P.L.1991, c.431 with final retroactive amendments effective August 5, 1992 consolidated, into one more flexible law, the various long term…
Tax Code Challenges Considered
Just about everyone, including the IRS realizes that the Federal Tax Codes have gotten out of hand, and are far…
Family Limited Partnerships in Asset Protection Plans
The Family Limited Partnership can provide a solid layer of defense between your assets and creditors. Once you have established…
IRS Tax Debt to Be Collected by Third Party Agencies
If you currently owe the IRS back taxes, now would be a good time to contact a tax professional to…
Tax Advantages For Homeowners
What do you stand to gain by buying a second home? Buying a second home is cost intensive, so you…
Investing For the Rest of Us - How Property Passes at Death
Death, Taxes, and teenage texting – these are the certainties of life. The tax code is far too complicated for…
Positive and Negative Aspects of Roth IRA
Roth IRA is one of the popular methods by which an individual can save money for the golden years of…
Self Investing IRA - The Tax-Free Way to Maximize Your Investment Earnings
Have you ever imagined that it was possible to double or even triple your current investment earnings without having to…
An Investor's Guide to Investment Property Tax Deductions
Maintaining investment properties may reduce the investor’s income taxes when certain expenses related to the investments are deducted from his…
Is Writing A Business Or A Hobby?
Most writers start young, secretly writing journals or poetry, and reveling in the pure joy of stringing words together. As…
Tax Planning Tips - 5 Ways To Manage Your Finances
Managing your taxes is important when it comes to proper handling of your personal finances. Not only entrepreneurs but also…
Tax Advantages of S Corporations
If you are not familiar with them yet, S Corporations are simply companies (corporation or limited liability corporation) which do…
Export Import Is a Lucrative Business That Needs Some Careful Planning
Globalization has presented vast opportunities for businesses for the people who have entrepreneurial skills. The export import business can be…
How to Claim Tax Relief on PRSA Contributions
The PRSA Scheme is applicable to both an employee and a self employed individual. Unlike any other plan, this scheme…
Filing Federal Income Tax Online - Great Benefits
The latest trend is to file the tax returns online. This holds true even for Federal Income Tax. Many individuals…
Independent Contractors Or 1099 Employees - The Risks
The Independent Contractor status of workers is being seriously challenged by the IRS. Between 1988 and 1992 the IRS reclassified…
Selecting a Legal Structure for Your Business
Starting a business requires prospective entrepreneurs to make hundreds of different decisions before opening their doors to customers. One of…