Browsing Category
Taxes : Business & Finance
Save Energy And Money On Taxes At The Same Time
In an effort to help promote alternative energy and energy conservation, the federal government is offering some tax credits to people who buy certain products like insulated windows, energy-efficient heat pumps and hybrid cars.In August of 2005 the federal government passed the Energy Policy Act, a
Will I Owe Taxes If I Short Sale My Home?
Most short sales take place when a homeowner owes more than the home is worth and is facing foreclosure. A short sale allows the lender to avoid a costly, time-consuming foreclosure, and you can pay off your loan for less than what you owe. You could end up owing taxes if you short sell your home, o
County Property Taxes - Their 6 Uses
We often wonder as to why do we need to pay so heavy property tax.Well, it is further used for our benefit directly through the local and day to day applications like schools, administration, and libraries.
Steps in Researching Your Market - Before Starting Your Business
If you are selling to a local market, you need to do some market research. Steps in market research, tools to help you do research.
How the IRS Is Easing Up on Tax Liens
The US government is now easing on tax liens. Read on how the IRS is doing this.
How to Determine the OASDI Tax
The old age, survivors and disability insurance (OASDI) tax, also called the Social Security tax, applies only to your earned income. The tax is split between the employer and the employee, each paying a portion of the tax. If you are self-employed, however, you must pay both because you fill the sh
About W-2 Forms
When it comes to figuring out personal income tax, there are several documents that you'll need to complete the forms correctly. One of the more important tax statements is the Form W-2. Without a W-2 from your employer, you are unable to complete a federal or state income tax return.
College Expenses Can Cut Your Taxes If You Know And Follow The Rules
With college costs rising faster than inflation and financial aid shrinking, it is now more important to take full advantage of the income tax breaks that are allowed for families of college students. Whether it is a child or yourself, there are many different income tax strategies that can help def
How Umbrella Companies Help Contractors
For self-employed professionals, the world of taxes is an extremely complicated affair, one in which making mistakes is costly. However, there is always the option of working as an employee under an umbrella company which can remove various complications. This article explores how they can help.
REIT Dividend Advantages
Real estate investment trusts (REITs) are a type of investment that invests primarily in real estate. A REIT offers advantages over investing in most dividend-paying stocks. However, before you invest in a REIT, you should understand these advantages and whether these advantages are what you're look
California Property Foreclosure Laws
Laws pertaining to foreclosures vary among states. The chief differences hinge on whether the foreclosure is judicial -- that is, goes to court -- or non-judicial, whether the debt is considered paid with a foreclosure and whether the home owner has a right to reclaim the property after foreclosure.
Help With Garnishment
Not having full control of your paycheck can be an especially disheartening experience. This is what happens when you have a wage garnishment placed against you by a court order. When you have to deal with a wage garnishment, there are a few things that you can do to make the best of the situation.
IRS Auto Donation Rules
The Internal Revenue Service (IRS) collects taxes and watches for fraud. Donating a vehicle for charity creates a red flag for audit, according to Fraud Guides. A vehicle donation should create no problems with the IRS, even if the IRS audits you. Valid contributions are appreciated and acceptable,
How Much Money Does a Food Technologist Make?
Food technologists use the sciences, such as microbiology and chemistry, to understand how food deterioration and processing works. They may also be involved in research that analyzes food nutrition or work to make food healthier, tastier or safer. There are just under 11,000 such technologists work
What Is the Salary Range of a GS13 Employee?
Civil service employees for the federal government are paid according to the General Schedule salary tables established by the U.S. Office of Personnel Management. GS salaries are divided into grades and steps and are adjusted geographically to account for the cost of living in different areas. GS-1
What Is an Oasdi Payroll Deduction?
OASDI stands for old age, survivors and disability insurance, which is also known as Social Security. OASDI is part of the Federal Insurance Contributions Act (FICA) taxes, along with the Medicare tax, also known as hospital insurance (HI).
Save Money on Tax Preparation by Avoiding these Accountant Pet Peeves
To save money on your tax preparation take some simple steps to make it easier on your accountant. This is eight simple things to think about before your meeting.
How E-Filing Is A Boon For Taxpayers?
Tax filing is one of the most complicated works faced by the individual and companies at the end of the financial year. While firms gear up with new plan and investment for next year but ...
What Is an Income Tax Electronic Filing System?
The IRS has been working to get as many individuals as possible to file and pay taxes electronically since electronic filing started in 1990. Electronic Filing saves the IRS millions of dollars a year in man-hours to manually process each return.