Using Cost Segregation Studies To Tax Advantage The Noted English economist John Maynard Keynes once stated that "[t]he avoidance of taxes is the only intellectual pursuit that carries any reward." While the absolute truth of that statement may be debatable, legally avoiding the payment of taxes is a national pastime that rivals baseball.A cost segregation study is perhaps the newest service in the real estate investor's tax...more
Почти все из путешествий привозят не только фотографии и море впечатлений, но и покупки. И не все знают, что часть от их стоимости можно вернуть после возвращения из поездки.Tax Free (Такс Фри или как иногда еще называют Тэкс Фри) – это...more
When The Tax Return is Wrong When The Tax Return is WrongDo you have a tax accountant who guarantees their work...in writing? Sure, some guys might say: "We'll make it right if we screw up", but then the stuff hits the fan and they fight you every step of the way. I've heard too many horror stories about taxpayers getting a letter from the IRS, then they take it to their accountant, and then the letter sits on a desk gathering dust. Or stories about the CPA who makes some calls on your behalf, but then you get charged an arm and a leg in the process. Or sadly, a taxpayer doesn't get any help from the person who prepared their taxes for them so they "go it alone", call the IRS themselves and have to try to figure out what to do and not to do during this normally ugly IRS correspondence ... THIS can be a nightmare! Don't let that happen to you. You need to have a written understanding with your tax professional that you won't be left in the lurch. Oh, and also-does this guarantee actually do something you want it to?I've seen some accountants guarantee they will file your taxes for you by April 15th or they will file an extension for you. Well...great! That sure makes...more
Choose your Illinois tax accountant very carefully Filing tax returns is very important for every individual, to make correct filing you need a professional who can help you in determining the kind of tax you are out to pay and that is where the Illinois tax accountant comes in to picture. Tax accountant knows that every working...more
Seeking Out Tax Increment Financing Continues To Be A Feasible Pursuit In the current environment of tight capital markets and difficult economic conditions, financing development projects through public – private partnerships is becoming more prevalent. Now more than ever, municipalities need new development projects in order to...more
Tiered Valuation Discounts: The Tax Court's Position on the Russian Doll Copyright (c) 2011 Sean SaariAs little boys or girls, many of us had an opportunity to play with a "matryoshka" doll - also known as a Russian nesting figurine. These were the statuettes which, upon opening the outer shell, revealed smaller figurines with even smaller figurines nested inside of them. I know that every time I spent the day at my grandparents' house, I was always intrigued by the statuettes' many layers. What I did not know, however, was how similar the structure of many family limited partnerships and holding entities are to matryoshka dolls. Not only is it difficult to estimate how many "layers" of statuettes are within a single Russian nesting figurine simply by looking at it, it is also difficult to determine how valuation discounts should be applied to tiered ownership structures in which one company has an ownership in another entity, which has an ownership in another entity, and so on.Tiered discounting is something that occurs when control and marketability discounts are taken at the subsidiary level (the small doll) as well as the parent level (the big doll). Many...more
Payroll Tax Schedules - Different Types Of Taxes Payroll taxes are the state and federal taxes that every employer has to withhold from their employees' wages. Payroll Tax includes Federal Tax, Social Security Tax, and Medicare Tax....more
The Difference of College and NFL Football College pigskin is considered the most intently viewed sports in the United States. A number of the principles are much like those in the National Football League, that is why most game...more
Checking A Status On 2011 Taxes Is Very Easy After filing your taxes, you usually want money back as soon as possible. This makes people want to keep checking the mailbox or bank account to see if the money has been deposited. ...more
Kick-Start Your Tax Firm Using Income Tax Neon Signs In starting a tax firm, many individuals focus on trying to spruce up their place. Many creative ideas are directed to come up with a professional look and ambience in terms of the...more
Kaepernick Plans To Workout with Miami Dolphins in 2011 NFL Draft The Miami Dolphins has been planning to be go with former University of Nevada quarterback Colin Kaepernick in a private workout. He was finished his college football...more
Eliminate Levies and Remove Liens with a Tax Liability Plan When you owe the IRS, it isn't easy to Remove Liens or Remove Levies if you don't use a thorough Tax Liability Program. A solid Tax Liability Plan selected by a tax...more