Identity Theft at Tax Time - Be Wary of Thieves Some say this year alone, another 10 million people are expected to have their identities stolen. Are you going to be one of them? You can either pray that you will be lucky, or take steps to protect yourself and your financial information online and at home. Here are some tips to help with your choice. At this time of year it's especially important to get protection from...more
Former NFL players eat cake and take it too on USO tou Day 4 of the 2011 NFL-USO tour began at Camp Marmal in Mazar-e-Sharif, in the north of Afghanistan. The plan for the day was to "FOB hop" to several bases in the region. FOB hopping -- which is a staple of NFL-USO tours -- is when you visit multiple small Forward Operating Bases (FOBs) in succession, flying by helicopter from one to the next. FOB hoping allows you to spend time...more
Author: Richard A. ChapoAs we celebrate leaving 2009 behind, we necessarily turn towards 2010 and start considering what the future holds. For instance, what does the year hold on the tax front? 2009 was a unique year when it came to personal finance because of the unheard of tax relief given to taxpayers. There were obvious government efforts like the cash for clunkers program to rejuvenate the auto industry and the first-time homebuyer’s tax credit to do the same for housing. Then there were smaller things like the IRS allowing businesses to retroactively apply losses for up to five past years to gain big refunds. The goal of all these programs was to stabilize the economy and help us all survive a brutal period of time. While the 2009 tax breaks were great, all things come to end in finance. 2010 is the year we will see this happen. Most programs are going to run out in the first quarter or half of the year and there will be no further extensions. Why? There simply can’t be. The government has tried to spend its way out of the economic mess, but all indications are we are nearing the point where borrowing is starting to become difficult. Many Americans are worried about our...more
Version:1.0 StartHTML:0000000323 EndHTML:0000009065 StartFragment:0000002872 EndFragment:0000009029 SourceURL:file://localhost/Volumes/Guiver Consulting Time Cap/Clients/Roni Deutch/Link Building/Projects/Article Directory Submissions/7 Secrets the IRS Doesnt Want Taxpayers to Know.doc 1. Automatic Extensions Although we all rush to...more
Since the reform and opening up, in order to attract foreign investment, China has formulated a series of foreign tax credits preferential policies, the implementation of these policies and measures making the scale of foreign businesses rapid growth.After Chinas accession to the WTO, tariffs dropped significantly and the degree of market opening...more
Taxes touch every part of our lives. Any time we spend money or make money, it can impact our taxes - for good or for bad. Fortunately, we have a lot of influence over whether the impact is good or bad. It's all a matter of understanding the tax law. This is one of the reasons I wrote Taxes touch every part of our lives. Any time we spend money or make money, it can impact our taxes - for good or for bad. Fortunately, we have a lot of influence over whether the impact is good or bad. It's all a matter of understanding the tax law. Here's a short excerpt from the book, I hope you enjoy it. From Tax-Free WealthThis book is not a criticism of the world's tax laws, or even a recommendation that they change. Taxes are part of our world and will always be part of our lives. So, instead of complaining about them and hoping for parliaments and legislatures to make them fairer, let's simply understand them and put them to good use in our lives. Taxes will either make you rich or make you poor. The tax laws of all countries are written to encourage certain activities that benefit the economy and promote social policy. It's our job to understand and take...more
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1. Social Security and MedicareFor 2010, the Medicare tax will remain at 1.45% while Social Security remains at 6.20%. The wage limit, or Social Security maximum, remains at $106,800.2. Investment income amount The maximum amount of investment...more
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I wonder how I used to sell a timeshare or vacation rental condo effects consumers both with respect to taxes on income and the federal state. The advice is always the first to offer a simple but vital. Discuss your plans with your CPA or tax is...more
Make sure you set enough income aside for taxes So finally told your boss where to go and stuff his corporate job. Good for you. No more pointless meetings and silly appraisals. Goodbye dress code and annoying colleagues, hello...more
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