June 2007
Real Estate Transfer Taxes Overlooked Sale or Purchase Expense
Tip! Employment Taxes: Home-based workers who employ others must comply with many additional tax requirements. IRS Circular E, Employer’s Tax Guide, covers the federal regulations, and your state tax agency can inform you of state requirements fo...
Finding Real Relief From High Taxes
Tip! Do file your taxes before April 15. Extensions give IRS more time to review your return since it is not filed during the season rush.
It is the bane of citizens everywhere: high taxes that can crimp your lifestyle, even affect the way that you do...
Take Expenses Now To Limit Your 2006 Business Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
As we roll towards the end of 2006, you are probably thinking about the holidays and gifts you need to buy. Well, it ...
Get Your Taxes In Order As The Year Comes To A Close
Tip! Donate your old clothes and furniture to your favorite charity. Cleaning out the attic, the closets, that spare room, and the garage is not only purifying but will help to decrease your taxes.
If you complain about paying taxes, and who doesnR...
May 2007
Steel Industry Import Taxes
Tip! Employ family members. Paying a salary to members of your family is one way to reduce taxes.
When we raised the steel import tax a few years ago it hurt many manufacturing sectors who used steel in their production. It also hurt smaller companies,...
Selling Your Business - Deal Structure and Taxes
Tip! Employment Taxes: Home-based workers who employ others must comply with many additional tax requirements. IRS Circular E, Employer’s Tax Guide, covers the federal regulations, and your state tax agency can inform you of state requirements fo...
Don't Just Worry About Federal Estate Taxes
How To Reduce Your Property Taxes! The complete property tax reduction resource center.
Many states have their own estate tax laws that you need to worry about. With the current law phasing out the estate tax over the next few years, the state’s ...
April 2007
What Happens When You Procrastinate in Paying Your Taxes
Tip! Make sure you pay in enough taxes to avoid penalties. Uncle Sam charges interest and penalties if you don’t pay in at least 90% of your current year taxes or 100% of last year’s tax liability.
A chain of actions are set into motion wh...
Back Taxes, You Forgot to File, Now What?
How To Reduce Your Property Taxes! The complete property tax reduction resource center.
Problem? Yes and No. No because you can file ASAP. Yes, because penalties and interest can be fairly steep. (Generally, interest is charged on any unpaid tax fro...
Making More Money from Capital Gain Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
As we may know, keeping a diversified portfolio can be beneficial to the overall health of our financial stability an...
Divorce and Uncle Sam: Top 10 Things You Should Know When Filing Your Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
1. What is my filing status? (Married, Single, Head of Household)
Marital standing at year end determines your filin...
3 Tips For Getting The Most Out Of Tax Deductions
Tip! Other than following the above mentioned tax tips for small businesses; you also need to maintain an order in your business. Maintaining your accounts and other documentation, keeping a track of the filings by your employees, and accessing your ...
Your Affiliate Business and Taxes
Tip! Do file your taxes before April 15. Extensions give IRS more time to review your return since it is not filed during the season rush.
Starting a home-based business on the Internet is easy you say.
You have your web page built, your affiliate li...
Small Business Tax Tips
Tip! These helpful tax tips are just a few of the many tax tips that can help tax preparation flow more smoothly. The above mentioned tax tips will also help to reduce the amount of money that an individual owes on federal or state taxes or even potent...
Smoking, Death and Taxes - a Homage to Benjamin Franklin
How To Legally Avoid Taxes. New Product. Great niche market.
As Benjamin Franklin put it in a letter to Jean-Baptiste Leroy, in 1789, “In this world nothing can be said to be certain, except death and taxes.” And when it comes to smoking, ...
How To Pay Taxes When You Are Depressed
How To Legally Avoid Taxes. New Product. Great niche market.
If you are already suffering from a major depression, you may feel even more overwhelmed than the average person when it comes to paying your taxes.
Why? Well, paying taxes can be a long, ti...
Organizing Your Taxes
Tip! Decide what you are up to doing. Can you go out and work with a company (like an H&R Block) to help complete your taxes.
Does this scene sound familiar? It’s April 7. You haven’t seen the top of your dining room table in two wee...
Tax Tips for Small Businesses
Tip! One of the most important tax tips that a taxpayer needs to keep in mind is that the Internal Revenue Service (IRS) and many state governments change or update their tax laws each year. For this is reason taxpayers are encouraged to check out the ...
Giuliani's Ex-Partner May Face Federal Charges
Today’s News
The following information is today’s news:
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Likely indictment of Bernard B. Kerik could draw attention to his dealings with the former New York mayor, who recommended him for a Cabinet post. read more tax news …
Federa...
Corporations Failing To Claim AMT Exemption Overpay Taxes By $11,000
Tip! Invest in your children’s names. Your kids can each earn up to $700 in investment income without paying any taxes if they are over fourteen.
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Does your incorporated business pay alternative minimum tax [”AMT]? If so, there is a ...
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