Tax
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How to Set off and Attain a Worthwhile NJ Property Tax Appeal
By Dick Ketchen · 13 years ago
As the overall economy continues in a downward spiral, one of the only bits of good news involving property owners is they might possibly be qualified to receive savings in their property taxes. Individuals that ...
6 Tax Saving Tips for Working Couples
By Suryadeep Deep · 13 years ago
1) Using Investments Efficiently
If spouses fall in different tax brackets, it is advantageous for the spouse in the higher tax bracket to claim deductions from the tax saving investments, which the couple has invested ...
Ordinary Income v. Capital Gains on Selling Foreclosed Property
By Priscila Santos · 13 years ago
Ordinary Income v. Capital Gains on Selling Foreclosed Property
WENDELL V. AND SHARON T. GARRISON v. COMMISSIONER
U.S. TAX COURT
December 1, 2010
Facts: Wendell Garrison, in the years under question, 1998 to 2000, was ...
IRS Failed to Find Taxpayer’s New Address in Innocent Spouse Case
By Priscila Santos · 13 years ago
IRS Failed to Find Taxpayer’s New Address in Innocent Spouse Case
TERRELL v. COMMISSIONERU.S. COURT OF APPEALS, 5TH CIRCUIT
Docket No. 09-60822
Issue: Whether the taxpayer had filed an innocent spouse relief determination request in ...
Crash taxes
By Marcus Stalder · 13 years ago
Are you a safe driver? Yes, we know this is an insulting question. Everyone who gets behind the wheel of a vehicle is safe. But, in the quiet moments when no one else is around, ...
Picking the Best Tax Accounting Services for Your enterprise
By King Shepler · 13 years ago
Choosing the right CPA can make a big difference for you and your business in more ways than just the obvious one - keeping more of your money in your pocket and not Uncle Sam's. ...
Unemployment Taxes
By Sandi Lattin · 13 years ago
Businesses hit hard by the recession during the past two years are in for the tax system's version of a follow-up sucker punch in 2010. In 35 states, the rate for unemployment taxes will rise ...
I Own and Operate a Small Business – Does the AMT Apply to Me?
By George Bauernfeind · 13 years ago
Among the many paperwork burdens small business owners must endure is the filing and paying of income taxes for the business. Even if no taxes currently are due because of losses, accurately computing and tracking ...
More Tax Breaks
By Sandi Lattin · 13 years ago
The IRS has released instructions to help employers implement the 2011 cut in payroll taxes, along with new income-tax withholding tables that employers will used during 2011.
Millions of workers will see their take-home pay ...
Filing Taxes Online
By Sandi Lattin · 13 years ago
For tax planning, the only certainty is uncertainty. Below are the current updates to the 2010-2011 Tax season that effective for 2010. At this time there is uncertainty as to what other tax law changes ...
Top 20 Tips for H1B Tax, NRI Tax filing, Itemised Tax Return, Desi Tax consultants etc...
By Sarath Alva · 13 years ago
People are acutely aware of their fiscal obligation towards the Government, if only for the lure of ‘refunds’ that may be due to them. Every year IRS embarks on a major PR campaign to educate ...
Federal Tax Filing
By Sandi Lattin · 13 years ago
With Congress enacting six new tax laws in 2010, compared to only two in 2009, U.S. Taxpayers have never needed more help from their tax professionals then they do this tax season.
Clients are understandably ...
Agricultural Tax Tips
By Sandi Lattin · 13 years ago
If your deductible loss from operating your farm is more than your other income for the year, you may have a net operating loss (NOL). You may also have an NOL if you had a ...
Car Donation Tax Deductions Made Easy
By Charles Browning · 13 years ago
While the car donation tax deduction you can get is the same everywhere, the way each state qualifies and verifies charities is not the same. But it's also important to realize that each state has ...
Self-Employed Individuals
By Sandi Lattin · 13 years ago
Who is Self-Employed?
Generally, you are self-employed if any of the following apply to you.
You carry on a trade or business as a sole proprietor or an independent contractor.
You are a member of ...
Late Tax Breaks
By Sandi Lattin · 13 years ago
Following last week's tax law changes, the Internal Revenue Service announced today the upcoming tax season will start on time for most people, but taxpayers affected by three recently reinstated deductions need to wait until ...
Tax Issues: The IRS Problems of Pastors
By Amy Stampley · 13 years ago
Pastors can have tax problems just like everyone else. A high moral character and desire to comply with the tax code embodied by the Internal Revenue Service is no guarantee that you won’t run afoul ...
Tax Liens
By Sandi Lattin · 13 years ago
The Advocate's continuing concern that IRS collection practices inflict unnecessary harm on financially struggling taxpayers and fail to achieve the IRS's overriding objective of increasing long-term voluntary compliance with the tax laws.
"Tax collection requires ...
Tax Liability
By Sandi Lattin · 13 years ago
Tax Breaks reduce average tax liability by about $8,000 per return. A TAS analysis found that, on average, the tax liability of each individual who files a federal tax return is reduced by about $8,000 ...
Roth IRA Conversions and the Alternative Minimum Tax
By George Bauernfeind · 13 years ago
Everyone with a traditional IRA should be looking into whether converting to a Roth IRA might make sense for them, because the ability to shelter future earnings from taxation is a very attractive feature of ...