Taxes : Business & Finance
Day by day, the tax amount is increasing and expenses and price rises are continuously giving us big blows every now and then. In such a scenario, we need to plan our finances well.
If you make tithes to your church, the Internal Revenue Service (IRS) considers those amounts charitable contributions. Charitable contributions are allowed as deductions on Form 1040 Schedule A along with other itemized deductions, such as mortgage interest paid and property taxes paid. If your ite
Many taxpayers are confused about what tax records they should keep and for how long. This article provides the answers and highlights a few unique situations.
The IRS allows for the deduction of certain types of transportation expenses on your taxes, when a car is used for business, medical, moving or charitable purposes. The IRS publishes specific guidelines for each of these types of transportation deductions. They also set standard mileage rates annual
There is nothing more puzzling than the IRS tax law. And additionally complicating matters is the idea of Tax Brackets. Many us taxpayers make more than a few mistakes.Tax legal professional Anthony Parent explains what the myths are, in addition to how to steer clear of common problems.
If the IRS is garnishing your wages in order to collect on back taxes owed, you may be facing financial difficulty on a day-to-day basis. A tax attorney in your area can help you negotiate with the IRS to find a better way to resolve your tax debt on your terms.
It's never fun to have to sell a piece of real estate for less than you owe on it. But in the general collapse of real estate prices following the 2007 housing peak, many Americans have been forced to do just that. Congress has developed specific tax rules to deal with problems presented by short sa
An IRS Tax Lien is a serious thing but its not the end of the world. Hire a consultant, they offer free consultations so you'll know what its going to cost before you get started, but remember you must do something. IRS Tax Liens don't just disappear.
What makes your entire effort throughout the week's time well worth it is pay day. And furthermore this is an excellent pay period because you are likely to possess some funds remaining right after paying out your debts. You read the check and it is actually a portion of exactly what it usually
A refund anticipation loan, or RAL, is a common way to receive money faster during tax season. However, there is a lot to consider before you decide to take one rather than simply waiting for ...
A food and beverage director is a high-level position that reports to top management in a large organization. This individual directs and oversees all aspects of food and beverage service. Opportunities are found at luxury hotels and resorts, convention centers, large restaurants, golf courses, crui
If you have a business with employees and are required to file Form 941 with the Internal Revenue Service for your business's quarterly federal tax return, you may be happy to know that you can e-file it instead of mailing it. The IRS offers a few different ways for employers to send in Form 941 usi
If you use your phone for business purposes, you may be able to deduct a portion of your monthly phone bill off your taxes. While you can't deduct your entire phone bill in most cases, this can still be a large tax savings for you. If you use a dedicated land line for business purposes, you may also
Fast-growing Texas member of international CPA firm network now has 18 partners
Disabled adults have the right to own or rent a home that meets their needs, as long as they have the ability to pay. The Fair Housing Act of 1968 makes that clear, forbidding housing discrimination due to disability, national origin or gender. Fort Worth, Texas, has financial assistance available f
What is worse than having to deal with taxes each year? The answer is getting into trouble with the Internal Revenue Service, commonly known as the IRS. What is the best solution to this problem?