Tax

Tax Certificate Auctions
By Ted Thomas · 18 years ago
Inside Tax Certificate Auctions – The Real Story You Should Know… to Create Wealth and Financial Security! When you invest in tax certificates, doing your “homework” will serve you well - over and over again. ...
Car Donations and charitable donations
By Michael Rad · 18 years ago
The modern society, with its distinct wealth-based classes has always prided itself with a strong inclination to charity. From fundraising events to church donations, charity has become a way for helping others but also a ...
Offshore banking
By Thomas Crown · 18 years ago
Offshore banking has often been associated with the underground economy and organized crime, via tax evasion and money laundering; however, legally, offshore banking does not prevent assets from being subject to personal income tax on ...
1031 Tax Exchange Forms
By Jennifer Bailey · 18 years ago
There are several forms that are required to be filled while carrying out transactions under Section 1031. Some of the important forms include IRS Form 8824 for like-kind exchanges and IRS Form 4797 for the ...
Tax Preparation Software
By Jimmy Sturo · 18 years ago
Tax preparation can be rather grueling with all the different forms to be filled, documents to be submitted and refunds to be filed. It generally involves a lot of paperwork, calculation and prior planning. Depending ...
Important IRA Changes for 2006
By Matthew Tuttle · 18 years ago
2006 is a little more than half way over but we have already seen some major changes in the IRA rules. This article will summarize two of these changes and what they mean to you. ...
Simplified Social Security: Birthing the Deferred Fixed Annuity
By Steve Selengut · 18 years ago
As an investor, I've always wondered why Social Security is such a problem. What's so difficult about managing this particular Trust Fund, and why is it so different from other investment accounts that pay out ...
Passive Income, Depreciation, and Tax Implications
By Chris Anderson · 18 years ago
Daggumit, show me how to lose money faster a young and naïve Dr. Anderson instructed his accountant. I mean, I just spent $175,000 on an investment property and I can’t write that off this year ...
The 1031 Tax Deferred Exchange - Important Strategies for Real Estate Property Investors
By Dennis Franklin · 18 years ago
California: As an investor in real estate you understand how important it is to preserve your wealth and assets. In the frequently changing world of taxation, you are fortunate to have IRC Section 1031. This ...
A Pain-Free Tax Season: Organization Tips For Small Businesses
By Leo Quinn · 18 years ago
What are you doing this January? If you’re a small business owner, you’re getting together your tax records to hand-deliver to your accountant. Or, you’re firing up your pencil sharpener and setting aside 8-10 days ...
Buying Tax Liens
By Peter Emerson · 18 years ago
There are times when a property owner is unable to pay the required property tax. At such time they become delinquent taxpayer and the appropriate governing authority is in charge for collecting property taxes. This ...
Tax Advice: Middle Class Tax Shelters Everyone Can Use, Many Don’t
By Narcli Narcli · 18 years ago
Many people lose money for years to landlords because they mistakenly believe they cannot afford to buy a home. However, in most cases, these renters are where they are only because they are unaware of ...
The Big Hidden Tax Benefits of Sole Proprietorship
By Stephen Nelson · 18 years ago
I once taught a graduate tax class about choosing between an LLC and an S corporation. Probably for this reason, people frequently ask me about which entity form they should chose. “Is an S corporation ...
Tax Traps for New Real Estate Investors
By Stephen Nelson · 18 years ago
Perhaps one shouldn’t be surprised that new real estate investors fall into the same tax traps again and again. Real estate burdens investors—especially new investors—with some tricky tax accounting. But just because some other newbie ...
Tax Tips for IT Consultants and Contractors
By Stephen Nelson · 18 years ago
I live and work, quite literally, down the road from the main Microsoft campus. No surprise, then, that I’m commonly asked by freelance consultants for the best ways that these self-employed independent contractors can minimize ...
Tax Tips for Writers & Authors
By Stephen Nelson · 18 years ago
Sometimes, another writer, upon learning that I'm both a book author and tax accountant, asks me for the best ways that authors can minimize their income taxes. If I can, I try to weasel my ...
Forming Your LLC in Nevada: Does It Really Work?
By Stephen Nelson · 18 years ago
If you’ve done much web research about setting up a limited liability company, or llc, you’ve seen the advertisements that tout Nevada. The pitch is pretty simple. Because Nevada doesn’t levy an income tax on ...
How the Tax Break from Car Donations Works
By Brad Davis · 18 years ago
Have a car or a truck that you want out of your garage? Want to get that heart warming feeling of having helped the needy? And last but not the least, want to pay less ...
Ten Tax Planning Ideas for Small Businesses
By Alan Olsen · 18 years ago
If you are a small business owner looking for cost cutting ideas here are ten tax planning ideas that may result in substantial tax savings.  The following article highlights planning areas often missed by business ...
Smart Yearend Planning - Tax Deductions
By Drew Miles · 18 years ago
There are three main areas we need to keep in mind as the year ends: 1. Taxes 2. Corporate formalities 3. Planning for next year Revisit the idea of converting your 10 largest expenses. This ...