| 10 Tax Tips to Reduce Costs and Increase Income by Peter Viliamu | | No one likes paying tax. Everyone understands that tax is a necessary evil and that without it our government would not be able to afford our roads, health services, education, welfare system etc. However you are not obliged to pay more tax than that for which you are legally liable. Here ... Full Article | | Views: 444; Rating: N/A; Article Word Count: 779; Article Characters Count: 4239 |
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| 1031 Exchange Rules and Requirements by Neda Dabestani-Ryba | | Following is a reproduction of the IRS's rules and requirements for 1031 tax deferred exchanges with regards to real property. If you have any questions regarding the sale of your real property or questions about what qualifies for a 1031 exchange or not, please consult your tax professional. Full Article | | Views: 355; Rating: N/A; Article Word Count: 1543; Article Characters Count: 8898 |
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| Estate Taxes - It Pays to Plan Ahead by Neda Dabestani-Ryba | | Estate taxes. It's not enough to simply know they exist, and to know strategies to minimize them. When it comes down to it, you need to plan how you and your family will eventually pay them. The Estate Tax Dilemma Estate taxes are generally due nine months after the date of death. And... Full Article | | Views: 177; Rating: N/A; Article Word Count: 511; Article Characters Count: 2919 |
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| Furnishing Evidence in E-Tax Compliance by Adil Waseem | | Self-assessment relies on taxpayers voluntarily meeting their tax obligations. This concept is recognised in all tax statutes, which sets out taxpayers' primary obligations, and clearly spells out that taxpayers are required to determine the amount of tax payable correctly and to pay it on time... Full Article | | Views: 450; Rating: N/A; Article Word Count: 968; Article Characters Count: 5888 |
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| Getting A Second Extension to File 2004 Taxes by Richard Chapo | | Millions of people file tax return extensions every year. The tax filing deadlines can rush up on your quickly. Fortunately, filing an extension isn't particularly difficult. For individuals, there are two available extensions. Automatic Extension What do you do if April 15th is ... Full Article | | Views: 138; Rating: N/A; Article Word Count: 319; Article Characters Count: 1756 |
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| IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters by Richard Chapo | | The IRS has obtained civil injunctions against more than 100 promoters of illegal tax avoidance schemes and fraudulent return preparers in an ongoing crackdown that began in 2001. Many of the injunctions, obtained in cooperation with the Department of Justice, also order the promoters to turn ... Full Article | | Views: 460; Rating: N/A; Article Word Count: 360; Article Characters Count: 2287 |
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| Marriage or Divorce — Check Your Social Security Number by Richard Chapo | | Newlyweds and the recently divorced should make sure that names on their tax returns match those registered with the Social Security Administration (SSA). A mismatch between a name on the tax return and a Social Security number (SSN) could unexpectedly increase a tax bill or reduce the size of ... Full Article | | Views: 357; Rating: N/A; Article Word Count: 252; Article Characters Count: 1342 |
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| Need a Copy of Your Tax Return Information? by Richard Chapo | | Taxpayers have two easy and convenient options for getting copies of their federal tax return information tax return transcripts and tax account transcripts by phone or by mail. A tax return transcript shows most line items from the tax return (Form 1040, 1040A or 1040EZ) as it was ... Full Article | | Views: 191; Rating: N/A; Article Word Count: 250; Article Characters Count: 1445 |
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| Save Money on Taxes - Let Uncle Sam Pay for Your Fun. by Drew Miles | | "Deducting Meals and Entertainment" O.K. You've been working really hard on these lessons. Now its time for some fun. Are you with me? Imagine if you could spend time with friends, eating, drinking and seeing shows and your company could foot the bill? Wouldn't that be GREAT! Fasten your ... Full Article | | Views: 268; Rating: N/A; Article Word Count: 546; Article Characters Count: 2994 |
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| Tax Help Secret: Avoiding the Entreprenuer's Curse by Drew Miles | | Your days as an entrepreneur and businessperson are consumed with one primary activity; making money. Whether you think in terms of growing your business, getting the word out there, or some fancy new marketing technique, your days and weeks and months in business are focused on that one group of... Full Article | | Views: 372; Rating: N/A; Article Word Count: 689; Article Characters Count: 3698 |
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| Tax Strategy - Let Washington Pay for Your Corvette, Porsche, or Air Plane by Drew Miles | | Deducting Your Auto Expenses Auto deductions are a very complex topic. So, to clarify, we are not going to attempt to cover all of the intricacies of the subject. Instead, we will cover some of the most-used provisions and provide you with a better understanding of some of the associated ... Full Article | | Views: 486; Rating: N/A; Article Word Count: 2143; Article Characters Count: 11474 |
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| What is a Federal Tax Lien? by James Coleman | | A Federal Tax Lien (FTL) is a legal instrument that secures the claim of the United States in the right, title, and interest of a debtor taxpayer's assets. It is a public document and is recorded at the County Clerk's office or the Secretary of State, depending on local law. This is done to serve... Full Article | | Views: 352; Rating: N/A; Article Word Count: 648; Article Characters Count: 3659 |
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| Your IRS Tax Appeal Rights by Richard Chapo | | Are you in the middle of a disagreement with the IRS? One of the guaranteed rights for all taxpayers is the right to appeal. If you disagree with the IRS about the amount of your tax liability or about proposed collection actions, you have the right to ask the IRS Appeals Office to review your ... Full Article | | Views: 351; Rating: N/A; Article Word Count: 386; Article Characters Count: 2327 |
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| Are You An Innocent Victim of These Popular Myths? by Karin Workman | | Misconceptions, misinterpretations and just plain "untruths" are floating about income taxes. Believing them could be costing thousands of tax dollars! Myth: A Professional Tax Preparer knows all there is to know about taxes so you don't have to know anything them. Truth: Tax Preparer... Full Article | | Views: 280; Rating: N/A; Article Word Count: 1019; Article Characters Count: 5591 |
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| Home Based Business Tax Deductions by Tara Grant | | Running a home based business reaps many wonderful tax deductions that other businesses some times may not claim. Unfortunately to many small business owners end up paying the government taxes every year because they are unaware or several small business deductions that are available. Most ... Full Article | | Views: 98; Rating: N/A; Article Word Count: 537; Article Characters Count: 2885 |
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| How to Cut Duty Cost and Increase Profit as an Importer by Philip Brigstock-Bates | | Import duties continue to be significant elements in the cost of international trade. Yet many companies and businesses still pay more duties than the law requires which impacts adversely on landed cost and ultimately on business profitability. A planned approach to managing customs duty costs ... Full Article | | Views: 383; Rating: N/A; Article Word Count: 623; Article Characters Count: 3596 |
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| Keeping Your Own Money – NOT Handing It Over To The Taxman by Leo Rogers | | Most people trying to make a crust online (or offline for that matter) are so focused on doing just that, they ignore taking simple steps to ensure that they hang on to just as much of it as they can. Instead, they hand over large lumps of their hard-earned money in tax, usually in one of two ... Full Article | | Views: 113; Rating: N/A; Article Word Count: 1040; Article Characters Count: 5773 |
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| The Seven Deadly Tax Sins: Commonly Missed Deductions by Sandra N. Salter | | It's that time again, the April 15 tax deadline is looming large. If youre like most people, you havent gathered all of your tax records, let alone filled your return. Before you dig in and get started, take this opportunity to first review a list of a few tax deductions to which you may be... Full Article | | Views: 45; Rating: N/A; Article Word Count: 776; Article Characters Count: 4520 |
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