Fans of the New York Jets in the National Football League has 101 reasons to smile these days. This developed after the Jets franchise was able to successfully signed to a six-year, $60 million extension offensive tackle D'Brickashaw Ferguson. Based on the new deal Ferguson who was the team's fourth draft pick in 2006 will play for the Jets until 2017. The Jets decided to reward Ferguron with a huge contract due to his great performance...more
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Imagine this nightmarish scenario: a young nail technician named Lisa did not file tax returns for several years because she was just getting started in her career and simply cannot afford to do so and still pay for her basic life necessities. As is most often the case, the IRS caught up with her and slapped her with not only her tax bill but hefty fines and penalties besides. At this point, Lisa had actually paid her tax bill but the IRS had no record of it. Lisa called her local IRS office in order to try to resolve the problem herself. She was passed from person to person, put on hold for hours at a time, and eventually her call was disconnected. Similar phone calls followed for over two years: meanwhile, the interest on the original bill plus penalties was piling up. She finally contacted a tax attorney who resolved her case within days. This is a true story. If you find yourself in serious trouble with the IRS, it's foolish and often futile to try to take on such a huge and powerful bureaucracy yourself. A good tax attorney can represent your interests and has the experience and knowledge necessary to resolve your case as quickly as possible and to your best advantage....more
Provided the move is necessary for a new job, individuals and households who are relocating, whether domestically or abroad, may be able to deduct moving expenses when filing taxes. The IRS requires that specific conditions be met for moving expenses to be deductible. When conditions are satisfied, certain expenses may be deducted from the adjusted...more
Those that fall into the higher earners bracket have been warned that the government may impose further restrictions to pension savings in the emergency Budget on June 22.Accountants and wealth advisers have reported a surge in calls from clients that earn over £100,000 per year who are concerned that changes to pension tax relief might restrict...more
If you use Quickbooks for your business bookkeeping, don't make the mistake of assuming everything is done correctly when tax time rolls around. Finding an experienced Quickbooks help consultant is crucial to be certain you maximize your tax savings and get your business in the best financial situation possible.Quickbooks Help Equals Tax Savings By: Jed Totus About the Author If you need Quickbooks help in San Antonio, Nancy Froelich is your best bet. She is experienced with San Antonio Quickbooks help and will be a worthwhile investment for sure. She can be reached at 210.525.1852 (ArticlesBase SC #3643170) Article Source: http://www.articlesbase.com/ - Quickbooks Help Equals Tax Savings more
The second specialized area of accounting is income taxation. Preparing an taxes return by filling out one or more forms entails collecting information and presenting data in a coherent manner; therefore, both individuals and businesses frequently...more
Small Business Australia certainly has more compliance issues since the introduction of GST! A lot of Micro business owners find it quite challenging keeping track of all their Tax Invoices. Prior to GST most bookkeeping entries were coded to the...more
Tax season is over so youve probably learned a few lessons about taxes and tax preparation. And although some heavily rely on their accountants or a Certified Public Accountant Firm to do the job for them again next year, it doesnt hurt to get an...more
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