Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Taxes : Business & Finance
What Happens to Donated Cars?
AuctionMost donated cars are sold at auction with proceeds benefiting the charity that received the donated car. Charities must first have the car titled in their name before selling it at auction. If the charity or the donor fails to legally change the title, any accidents, tickets or...
Are Race Fees Tax Deductible?
Many of the tax deductions the IRS allows taxpayers to claim require you to evaluate the reasons for incurring the expense to determine whether it's deductible. Race fees are one of those deductions that may be deductible to one taxpayer but nondeductible to another. It all depends on whether the ra
Uncle Sam Giving Taxpayers a Tax Credit, 2008
Low to moderate income taxpayers can earn a special tax credit in 2008, and the coming years, for saving money!The saver's credit helps offset part of the first $2,000 workers voluntarily contribute to Individual Retirement Arrangements (IRAs) and to 401(k) plans and similar workplace retiremen
Help Resolving IRS Back Taxes
Finding the appropriate method or professional help is important when it comes to resolving back taxes. Back taxes should be resolved as quickly as possible to prevent any future penalties, interest, tax liens and tax levies. As more time goes on, IRS actions become harsher with each passing week. L
How to File Tax Returns
Filing your taxes is a simple process for most Americans. For those who have a complicated property or stock portfolio, the self-employed, or others with more difficult tax preparation, it is possible to hire a professional to guide you through the process and file the forms for you. Most people can
What to Do About IRS Penalties
When the Internal Revenue Service hits you with penalties, you are going to feel it. Often, if you have gone a period of time without addressing back taxes, the penalties, fines, and interest can exceed the amount you owed in the first place.
Difference Between Filing Single & Head of Household
Single status and head of household status are both types of filing status that a person can claim for federal income taxes. If a person is married, she cannot claim head of household status unless special conditions apply. Head of household status increases the size of some tax deductions, includin
Tax Deduction for Adult Clothing Items
Many people donate adult clothing that they no longer use to charitable causes. In addition to making the donation of adult clothing to a qualified charitable organization, you should know which clothing donations qualify, what records to keep and how to report them on your taxes.
How to Moving Expenses as Grossed Up for Deductible Taxes
Relocating for work provides certain tax considerations. While you may have a relocation package as part of your new employment, the payments made are taxable as income. Thus, your marginal tax bracket may increase. While you are able to deduct certain expenses such as mileage at 19 cents per moving
More Tax Breaks For 2010
More Stimulus Checks, Social Security Payments & Tax Credits in 2010, 2011 and Beyond.All the tax credits/deductions & payments provided in the immense 2009 economic stimulus package will be hard to surpass in coming years.
How to File for Eviction in Texas
Filing for eviction in Texas requires that landlords and property managers go through a strict procedure to remove tenants from a property. There are basically four steps in the eviction process in Texas.
DIY Taxes
Plenty of online resources offer advice, instructions and programs to help you do your taxes yourself, not least of which is the Internal Revenue Service itself. Depending on your income bracket and the number of things you must report, you may be able to use tax preparation software for free. Regar
The Home Office Deduction for Your Business
The Taxpayer Relief Act of 1997 included a modification of the IRS's definition of 'principal place of business' that will permit a larger number of taxpayers to qualify for the home-office d
Five Great Tips for Freelance Tax Preparation
The idea of setting your own work schedule and working where you prefer may seem like the ultimate way to make a living with freedom and mobility. Every work opportunity may have challenges, and this is true even if you work in a freelance format.
Mortgage Factors
Acquiring a mortgage loan is different than getting approved for an apartment or rental house. Mortgage lenders review countless applications for mortgages. While most people meet their requirements, others fall short and have to postpone the buying process. Knowing what to expect beforehand can hel
SMSF - The Beginners Guide
Managing ones funds isn't a piece of cake; it needs one to have a great deal of idea about its pros as well as cons. Definitely there are a lot of advantages that has made the process univers
Are Business Meals Tax Deductible?
Building relationships with clients is essential in the world of business. Business professionals and entrepreneurs often meet colleagues, clients and partners for coffee, at special events or restaurants for dinner. Sometimes these meals are tax deductible, which can help you significantly reduce y
Business Driving Expenses You Can - and Can't - Deduct
Business owners and employees can deduct expenses for use of a car for business purposes, but these deductions are limited, and good records must be kept.
5 Keys To Resolving Your Tax Problems
So you have a problem with the IRS.No matter what your first instinct is, do not ignore it.It will not go away.In fact, it will get worse if you don't address it.Here are 5 keys to resolving your tax problems: