Boy meets Girl. Boy marries Girl. After five years, Boy files for divorce from Girl and skips town. Shortly thereafter, IRS contacts Girl, because Boy didn't report all his income on their last joint tax return. Girl signed the return, so she was liable for the tax. Girl screams. Okay, so it's not exactly a classic love story. But, sadly, it's a story that rings true for many an unfortunate taxpayer -- with some variations. Sometimes, Boy...more
Its human nature to commit mistakes. In fact, making and learning from mistakes is the very thing that makes us successful.And when it comes to making mistakes on tax returns, mistakes can be costly.Outlined below are the most pedestrian IRS Tax mistakes according to the IRS. If you can check and double-check the items below, you would have eliminated about 80% of potential error outright in your tax forms.Inaccurate Filing Status Claim: Take...more
Don't pay more than your fair share of property taxes. Let O'Connor & Associates reduce your property tax . Oconnor & associates can represent you at the Denton county appraisal.Appealing Your Property Taxes in District Court By: Patrick O Connor About the Author Patrick C. O'Connor has been president of O'Connor & Associates since 1983 and is a recipient of the prestigious MAI designation from the Appraisal Institute. He is also an registered senior property tax consultant in the state of Texas and has written numerous articles in state and national publications on reducing property taxes. He continues to set the standard in direction and quality of our appraisal products, adding services ranging from business valuations and business appraisals to cost segregation analysis for income tax reduction. (ArticlesBase SC #3464323) Article Source: http://www.articlesbase.com/ - Appealing Your Property Taxes in District Court more
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Many people are unaware of an inheritance tax exemption that could be saving families a fortune. The tax exemption is for military personnel who die as a result of injuries or diseases sustained while on military service. Even if they die years later and indirectly, the exemption still stands. This important, but little known, piece of wills and...more
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In Part I, we discussed the different tax brackets for the Regular Tax and for the Alternative Minimum Tax, as well as the AMT exemption. For 2009 for married couples filing jointly (MFJ) the AMT exemption was $70,950. In this article we will...more
If you earn more than £100,000, your tax code also allows for the income-related reduction to the Personal Allowance. If you earn more than £150,000 from your main source of income, tax is deducted at 50 per cent as appropriate. It may be that your...more
Companies and individuals in California will want to plan ahead and take steps now to reduce their tax burden. If you are not sure how to go about doing this, it is wise to get help with this from a Certified Public Accountant who has experience in...more
Settling Bills Through Wage Garnishment and Tax AttorneyFor everybody who is struggling to settle the bills, and are generally absolutely ineffectual to pay more for a good expected private financial debt soon, make certain you be wary of wage...more
Avert Tax Challenges with an IRS Tax attorney at Your SideThe IRS tax attorneys can certainly avert the tax challenges within the point in which the predicament have not quite possibly happen to be reared. Seeing that an IRS tax attorney is familiar...more
Filing an extension does not have to be difficult. In fact, it can be quite simple. First, let's discuss what this means and what does not qualify as one. It is essentially a way to ask the IRS for more time to file your tax return. The deadline to...more