Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Taxes : Business & Finance
Donate Car Tax Deduction
There has been a lot of confusion in this area, some people have stayed away from giving these types of gifts, but interesting enough the government has found that the new law has not done a lot to cu
1099 Requirements for Filing a Not for Profit Form
Non-profits must issue 1099 forms in most instances.A young woman holding a pen, doing her taxes image by Christopher Meder from Fotolia.comThe Internal Revenue Service (IRS) requires a 1099-MISC (miscellaneous income) form be filed any time a business pays rent, royalties or other fees...
IRS Tax Relief- Resolving Tax Problems is a Game
Reporting your income and telling the government how much tax you owe is your own responsibility. The U.S. income tax system is established on a self-evaluation theory. Every time you register a tax r
How to File a W7 With My Taxes
Each year millions of people file tax returns in the United States. The Internal Revenue Service uses certain numbers to identify taxpayers because of this high volume of returns. Generally, individuals are identified by their Social Security numbers. However, not every taxpayer has or is eligible t
Tax Planning - Pay Only What is Due to Uncle Sam
'In this world, nothing is certain but death and taxes', wrote Benjamin Fanklin in 1789. If we taking care of our health and be safety conscious, we may be able to outwit death until we are very old.
Warren Buffett Announces Support for Higher Taxes on the Rich
Warren Buffett, the famous billionaire investor, recently wrote to Congress, asking them to consider tax increases on the wealthiest American taxpayers. The Chairman and Chief Executive of Berkshire Hathaway has $349.2 billion in estimated net assets, and has repeatedly topped Forbes' lists of
What is Income Tax Relief?
The term "income tax relief" refers to a broad category of methods that the Internal Revenue Service (IRS) uses to compromise with taxpayers who either cannot fully and promptly pay their taxes or who anticipate being unable to do so. These methods include automatic filing extensions, waiver of late
Charities For The Blind Need Your Help
In the last several years, a number of charities for the blind have been started. Most of these charitable institutions are truly amazing organizations, but unfortunately some of them are not. So you
Is Unearned Income Counted for Public Assistance?
Finding yourself in a position to request or receive public assistance can be humbling and distressing; however, public assistance was developed to help and assist people who are experiencing difficult times. You will not receive public assistance unless you qualify. Your qualifying will depend on y
Advice for On-Line Tax Deductible Gift Receipts
Giving money to charity makes you feel great, and those charitable donations can save you money on your taxes as well. But with the IRS cracking down on tax cheats and increasing the number of audits it conducts, it has never been more important to document every penny you give to the charity of you
How to Check Tax Refund Status
If you are wondering about your tax refund status, perhaps growing anxious, it is easier than ever to get the prognosis.
How Property Taxes Are Calculated On A Home
Real estate properties in the U.S. are taxed by the federal and state governments. Taxes on these properties are a major source of revenue for local governments.
Tax Deductions for Senior Citizens
Decrease your tax burden by finding out which deductions you can claim as a senior citizen.Southern Stock/Photodisc/Getty ImagesSenior citizens who receive retirement benefits, compensations and other types of income are also subject to the payment of federal and state taxes, especially...
What Does Tax Free Mean on a Pension?
Some pension plans are not subject to income tax, such as most government pension plans. However, many other types of pensions are partially tax-free, even if you work for a private employer. When you are ready to take your retirement benefits, it's important to know whether your pension is tax-free
Tax Code on Target to Exceed 100,000 Pages!
Just when taxpayers thought the governmental tax system would be better, they lose the chairman. Now everyone in Congress is an honorary IRS agent!
Tax Rules for Deferred Revenue
Generally accepted accounting principles (GAAP) in the United States cover the issue of when and how much to record in a company's books as revenue in any given time period. Because reported revenue affects net income and can affect the taxes a company pays, it is an area that has several criteria f
How to Pay Income Tax on Social Security
As more boomers reach retirement age--or early retirement age, thanks to economic conditions--more questions pop up concerning one of what Ben Franklin called life's two certainties: Taxes (the other is "Death"). Some retirees eke out a living on their Social Security payments while others supplemen
How Audit Tips Can Help Your IRS Problems
ou have IRS issues if you get a notice from them. Don't panic if you receive one. With the following helpful advice you can breeze through your audit and leave some of your IRS issues behind
Irs Offshore Fbar Voluntary Disclosure Program: What' s The Best Choice?
It comes to a shock to numerous US citizens, Visa, and Green Card Holders that they have to report income earned in foreign accounts as well as the existence of that account. What makes matters even worse is that the IRS now demands two separate forms to be completed, each with different requirement
Reclaiming Tax Rebate Information
When you are on a job there is a chance of you paying higher income tax than you owe specifically if you get different jobs a lot or are working on different jobs during the same period.