Many people these days through no fault of their own have fallen behind on their IRS taxes. Let me just say here that we want to pay our fair share, but we dont want to give the IRS tax collectors one-single penny more than we have to. Lets say your business slowed down when the economy tanked. Then when it came to tax preparation time you were a little short on funds and had to choose between making payroll or paying your taxes. Of course,...more
What is a tax lien? A tax lien is burden placed on a piece of property to secure a payment of debt. For example, you go out and find a house that you want to buy, but you find out that it has a property tax lien on it. This means that the previous owner had done something to the house (fixed or changed something on it) and had never paid the person who performed the service. If you buy the house, then you become responsible for paying that debt...more
The role of accountants does not cease on the preparation of financial documents. They also perform the task of making sure the company complies with all government taxation rules. Accountants are tax consultants. Tax-handling can be divided into two - the individual and the corporate. We are aware that the assets and liabilities of an individual is distinct and separate from the assets and liabilities of his corporate company. A corporation is a juridical entity so it is separated from the individual person.What role does a tax consultant perform? There are two types of tax responsibilities - that for an individual and the other is for corporate entity. Corporate taxation is more complicated. Accountants read and study the country's laws on taxes so as not to err in the payment of tax dues. Errors, which can be construed as deliberate, are penalized. It is in this context that the role of the accountant becomes essential,It is sometimes imperative for a business to employ accountants who will also act as the company's tax consultant. These people are more adept in government tax rules and regulations. An accounting firm has experts in all aspects of taxation, from tax...more
http://www.worldmarketmedia.com/779/section.aspx/2633/post/taxmaster-otcbb-taxs-warrior-slayer-of-tax-problemsTaxmaster (OTCBB: TAXS): Warrior Slayer of Tax Problems By: Ronald Russo About the Author WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting...more
Give consideration to positive aspects with a Tax AttorneyGive consideration to positive aspects when it comes to engaging IRS tax settlement assistance:In some cases people are convinced the potential risk of having a tax attorney would mean applying an unfair strategy for settling their particular tax obligation dilemmas. Hardly anything may very...more
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The nations tax professionals beware! If you don't stay up to date with the upcoming tax regulations, you may be sacrificing thousands of dollars of your hard-earned income. A recent statement issued by the IRS imposes new regulations that any...more
Frequently Im asked the question what is more profitable, investing in tax lien certificates or tax deeds. Whether tax lien investing or tax deed investing is better for you depends on the state that you live in and your what your goals are. If you...more
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There many things that people get shocked with about the NFL this year ad one of it is the disappointment that they got from the former leading top teams. The turn of the wheels has changed and those that are in top are now in at the bottom having...more
Several teams had mediocre seasons last year. While these teams are expected to improve, they are not considered among the NFL picks that will be a major threat. Tampa Bay's defense is expected to step up this year, but realistically a team with...more
You can defend yourself in the court against the IRS levied penalties. If you have legitimate reasons like natural disasters, illness, death of a family member, etc, then you can fight against the back taxes with the help of a reliable and...more