Author: James MiltonUtter the word "taxes" in front of people and you are sure hear a loud groan. Frankly, there are valid reasons behind this response: First of all, paying your taxes annually can be a financial burden, especially with the economic hard times which we are going through these days. You may feel like being taken to the cleaners after you view your paycheck after withholding of federal income taxes (not to mention state income...more
Beat the NFL odds on a consistent basis with the help of Jimmy Boyd's award-winning picks!2010 NFL Predictions: Detroit Lions By: Jimmy Boyd About the Author If you want winning NFL picks to help you cash in over the NFL odds, sign up for a premium subscription today. (ArticlesBase SC #3121814) Article Source: http://www.articlesbase.com/ - 2010 NFL Predictions: Detroit Lions more
Successful entrepreneurs almost always find ways to save money and maximize their returns. Filing and paying your taxes on time is crucial as late filings and payments will always increase your tax bill due to penalties and interest. The best things to do is find a tax professional who specializes in your business industry. An efficient tax expert will be able to provide advice that goes beyond preparing the regular tax returns and financial statements.What one usually misses out onSome commonly missed tax breaks include the Domestic Production Activities Deduction, the Small Business Healthcare Tax Credit and the Worker Opportunity Tax Credit. A few of the other lesser-known tax breaks include the disabled access credit and a tax credit for setting up and administering a small business retirement plan. Some tax breaks may exist based simply on where your business is located, because there are many states that have tax deductions and credits for qualifying taxpayers.Importance of Year-Round Tax PlanningThe number one tax saving tip is year-round tax planning. Efficient tax planning can mean the difference between paying $50,000 in taxes for 2012 or saving $50,000 in taxes. While it...more
IR-2009-92, Oct. 14, 2009WASHINGTON The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the 2008 tax year.The Form 990 series, redesigned for the first time in nearly 30 years, requires more...more
Tax preparation is the most important concern for a company irrespective of its size, domain, or workforce. With tax laws changing regularly and becoming more and more complex for a common citizen to understand, there is a constant need to entrust the task of managing the taxes of a company to a reputed and experienced professional. It is seemingly...more
Preparing the tax returns is not as easy as it seems to be. Filing the tax return is very simple for the tax expert professionals or attorneys. This is the reason for most of the tax payers availing the services of the tax expert professionals or attorneys. Tax return preparation includes submission of proofs for both income and expenses. This includes the receipts of the bills paid and other papers to justify your stand. If one wants to do the tax return preparation without the help of any third person, one should hone the skills of financial management and the organizational skills. One should be able to devise a filing system to file income, business expenses, medical expenses, charitable donations, and other information pertaining to tax. One can take the help of the software packages available in the market. The software can help one organize the information pertaining to income tax returns. There are software packages that can remind the tax payer about the missing information that can be crucial for deduction from the taxable amount. This is critical of income tax refunds too. The procedure for federal income tax return is very much similar to that of the state tax return....more
The IRS audit is a process that inspects your tax returns and checks it for accuracy or any other details for that matter. However, if your tax return has been selected for review it does not mean that your return is faulty or that it will be...more
Wichard, longtime NFL player agent, passes away at age 60 Gary Wichard, a longtime sports agent who represented some of the NFL's biggest stars, died Friday morning at the age of 60.Wichard passed away from complications brought...more
Author: Andrew WatsonPentax Optio S40 is a four mega pixel digital camera that comes with various features including thoughtful design, high portability, user-friendly operation, and function customization. The camera uses SD (Secure Digital) or MMC...more
Author: ChintamaniIf you had someone in your home babysitting your child who was not your spouse, your child under twenty-one years of age, your parent, or a minor child and you paid that person $1700 or more, you owe the Nanny Tax. The Nanny Tax is...more
2010 NFL Predictions The start of the 2010 NFL season is just around the corner, and while there are still a few moves that will likely be made before week 1 action gets underway, we have a pretty good idea at what each team is going to be...more
One of the least-understood tax rules is the federal gift tax. Gift taxes are paid by the grantor, not the recipient. But taxes are seldom owed, even on substantial gifts, because everyone gets a credit that exempts up to $1 million of taxable gifts...more