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Tax Articles
Home :: Finance :: Tax

  • My Tax Rebate Check Dilemma By David Brooks
    The so-called economic stimulus checks are on their way and I, for one, have been debating whether or not to save or spend. There are certainly a number .... people who have been significantly impacted by these times. So, I will strive to find the middle ground and get what my kids need and ‘save’ the rest.

  • How Do I Find the Right Tax Advisor? By Tom Wheelwright
    This is the time of year when all Americans think about their tax situation and what they might do differently to reduce their heavy tax burden. There .... opportunity immediately. Whatever you do, remember that "if you always do what you have always done, you will always get what you have always got!"

  • How To Get Hold Of Your Tax-Deferred Returns By Francisco Segura
    As the amount of money you owe increases it is hard to image what it must be like being debt free; options do exist to help but certain steps need to taken .... befodeferred returns so do decide where things are going wrong and then consult with your counselor over your debt relief situation before you go any further.

  • Self Employed Tax Deductions – Alas Poor Yorick, I Knew Them Well… By Aubrey Clark
    I just read an article that is titled "Taking a hard line on rewriting the bankruptcy code" by Edward L. Glaeser, a professor economics at Harvard .... employed if their taxes were doubled. I guess the government could use the extra income to pay unemployment benefits, but isn’t that called socialism?

  • Are You In Need Of Tax Relief? By Matt Murren
    For those who are getting swamped with concern over their tax situation – there’s hope.  Tax relief is available to many who are dealing with the burden .... in need.  So those who are worried about their tax situation can rest easy – somewhere, there is a tax relief package that should fit your situation.  

  • Why I LOVE Tax Day: A Perspective from the Advocacy World By Stephanie Vance
    For all my proselytizing on the benefits of government and its many valuable programs, you'd think I'd be overjoyed to pay my taxes. I mean, they .... relax and enjoy the beverage of your choice, and just think that beverage might not have made it to your glass without some sort of taxpayer investment!

  • Who Wants to Take a Home Office Deduction? By Tom Wheelwright
    You should if you want to take full advantage of a tax deduction many people overlook. The home office deduction allows individuals to deduct expenses .... that are tems specifically used for the business. The following items are not generally deductible: - Landscaping and lawn maintenance. - Pool care.

  • The World's Top Tax Havens By Earnest Leibermanso
    When it comes to top tax havens, Panama and Switzerland are the favorite offshore jurisdictions of investors. For many years, investors viewed Switzerland .... Panamanian jurisdiction. That way, you can rest assured that your money is in an established facility that will offer you the protection that your assets need.

  • IRS Tax Info 2008 By Clyde Hart
    Internal Revenue Service or IRS is a government agency that administers the laws of internal revenue, computation and payment of tax interest. IRS reorganized .... Failure to do so would result in penalties. Generally, we can say that it is vital to understand the tax structure of IRS to overcome any such difficulties.

  • Completing a Deal on your IRA, Part One By Bryan Benson
    Part One: What is Means Say you have a deal that you want to sign right away (like tomorrow!) and you would like to do the deal on your IRA. Are you .... original, what you took subject to. This is not a hard option. Remember; keep your ducks in a row. Make sure you follow each step and you are on your way!

  • Don't miss this overlooked tax deduction! By Eric Patrick
    With April 15th looming in the near future, many taxpayers are hustling to give Uncle Sam a good reason not to take more of their hard earned pay. And .... insurance, you may still be elgible for some financial relief. And that could cause you to say something you've never said before "Thank you IRS!"

  • Important Tax Information for Independent Contractors By Stephanie Larkin
    Being your own boss is certainly rewarding, bu few people think about the extra work of preparing invoices and tax forms. Independent contractors need .... filing year. Those with complicated finances may want to hire a professional advisor to check or prepare the tax forms as they can prevent costly mistakes.

  • Capital Gains Tax (CGT) By Neil Kelly
    The Chancellor has confirmed that there will be an 18% flat rate of CGT applying to amounts over the annual exempt amount (£9,600 for 2008/09) on disposals .... the underlying investment performance is at least as good as the average performing funds. The consequences of not doing this can be extremely costly.

  • Approaching the IRS…should you or shouldn’t you? By Bryan Benson
    Many people think that approaching the IRS to ask for a release of Lien is a negative or scary experience. Let’s really think about what we’re doing here .... foreclosure or if they want it deeded back to you. The cost (either way) is yours. How you choose to handle the situation (and spend your money) is up to you!

  • Advertising Expenses By Chad Bordeaux
    As a small business owner, you are most likely going to incur some expenses related to the promotion of your business. Generally, most of the expenses .... also a good idea to save a copy of the advertisement. If you have any questions about a grey area, be sure to contact your tax advisor for clarification.

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