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Taxes : Business & Finance
Tax Relief - How To Apply For An Installment Plan
Getting an installment agreement plan as a form of tax relief is a good option for those with tax debt - much better than having their salaries garnished or their bank accounts levied. The installment agreement plan lets you pay off your back taxes in smaller amounts over a period of time.
Sole Proprietorship Business Deductions
Managing the daily operations of your sole proprietorship may come easy to you, but not all of the skills you need to master revolve around your core services or products. Sole proprietorships are among the simplest forms of business to start, but their tax calculations can be complex. You must navi
Tax Lien Certificate Auctions
There is a silver lining to the present state of our economy the potential goldmine that is the now thriving tax lien certificate market. The credit crunch has given rise to new opportunities to make some very good money. If you've considered tax lien investing but are apprehensive about gettin
How Much Do I Have to Make So No Taxes Are Withheld?
Federal law requires you to pay federal income tax and FICA taxes, which include Social Security tax and Medicare tax. Depending on your work state, you may be required to pay state income tax. The criteria for which no taxes should be withheld from your pay vary by tax.
Documents Needed for Filing Taxes
Gather what you need before starting your taxes.tax forms image by Chad McDermott from Fotolia.comAlthough many tax rules may change between years, the documents you will need generally do not. Gather together all of these necessary documents before you begin preparing your taxes to avoid...
Qualifications for Tax-Exempt Real Estate
Some properties qualify for reduced taxes.home 3 image by Stacey Lynn Payne from Fotolia.comTo encourage home-ownership, the U.S. government offers several tax incentives and exemptions established by the Internal Revenue Service (IRS). Real-estate investors benefit from tax incentives...
How to Stop Payment on a PayPal Purchase
PayPal has been around since 1998 and is one of the most popular online payment solutions available today. More than 153 million PayPal accounts have been created in 190 different markets and 24 different currencies. According to the PayPal Help Center, it may not be possible to place a stop payme
How to Avoid Needing an Extension Next Tax Season
Although you will not be penalized for filing a tax extension – as long as you pay all required tax liabilities – it is a good idea to get in the habit of getting your ...
Self-Employed Woes
Cheating on taxes is common among self-employed people, so you have a high chance of being audited, even if you pay taxes on time and run an honest living. The Small Business/Self-employed Division of the IRS employs the most staff.
Tips to understand the different ways to avoid inheritance tax
Most individuals have been looking for different ways to avoid inheritance tax and save a good amount of money in the process. This is because, inheritance tax is undoubtedly becoming a reality for ma
Lost cash might turn you rich
It is to be known that many agencies run by the state all across the United States of America are keeping huge sums of money. They have categorized these sums of money as unclaimed. The major chunk of
How to Retrieve a 2007 Tax Return ASAP
If you have lost or misplaced your 2007 tax return, you can request a copy from the Internal Revenue Service. The IRS charges a fee of $57 per copy as of 2010. However, copies of your tax return receipt and a tax account transcript are available at no additional charge. A tax return transcript lists
How to Become a Wedding Officiant in Texas
Although Texas is among the states that recognize common-law marriage, Texas law also restricts the persons authorized to officiate over or solemnize weddings. An officiant is anyone who officiates over a religious rite. To act as an officiant at a wedding within Texas borders, you must be be an act
How do I File State of Arkansas Income Taxes for Free Online?
Income tax filing probably doesn't top the list of fun American pastimes in the minds of most Arkansas residents. Filling out your state and federal income tax returns by hand is a time-consuming process. Filing electronically is much faster but it adds an additional cost to filing your income taxes
Benefits of a Tax ID Number
The most common taxpayer ID number for individuals is the Social Security number. For businesses, the standard taxpayer ID number is the Employer Identification Number (EIN). There are benefits to taxpayers associated with both types of taxpayer ID numbers. There are also benefits to less well-known
An Overview of IRS Tax Debt Forgiveness Programs
Did you know that the IRS has estimated that around a million Americans owe over $83 billion in unpaid taxes, penalties and interest? Now, the next question: If so many people owe money in back taxes, how is the IRS ever going to collect it from all those taxpayers?
Registered Tax Return Preparer Exam Outline Topic: Tax Credits
The study of tax credit, presents particular challenges because it is one the tax-topics most subject to changes year over year, by Congress. Congress has been using the credit provisions of the Internal Revenue Code ...
Failure to Pay Alimony in Massachusetts
In the commonwealth of Massachusetts, the Probate and Family Court Department within the Massachusetts Court System has the jurisdictional authority to hear divorce cases. When a spouse fails to comply with a court-ordered alimony or spousal support award, the Probate and Family Courts can issue con
Can an Offer of Settlement Be Made at the Time of Filing Late Federal Taxes?
The Internal Revenue Service oversees the assessment and collection of income taxes in the United States. Most individuals calculate taxes on a calendar year basis, with tax returns due by April 15 of the following year. Filing late or failing to pay the full amount of tax due may lead to penalties
How Much Does My Child Have to Make Before I Must Report it on My Taxes?
The Internal Revenue Service sets minimum filing requirements for anyone who earns income, no matter what their age or status. If your child earns sufficient income, then he or she is required to report that income to the Internal Revenue Service, although as legal guardian, you are responsible for