by: Tom Wheelwright.
Expect some changes when you file your 2007 tax return! Here are a few highlights from the Small Business and Work Opportunity Act of 2007.Do you own real estate?At the very end of 2007, Congress passed a bill with several tax law change...
by: Brooke Hayles.
Annually, on April 15th Americans are meant to file their taxes. This is a stressful time for many people. They have to be mailed to the revenue services by that date. If we send them after that date then we could be subject to penalties ...
by: Dean Forster.
Not all of us are really well versed in the tax related procedures. This is the reason that a number of people are not able to take advantage of even the basic things like IRS tax deductions. These tax deductions can be really helpful an...
by: Clyde Hart.
Internal Revenue Service or IRS is a government agency that administers the laws of internal revenue, computation and payment of tax interest. IRS reorganized its structure to meet the changing demands in 1998. As per the new structure...
by: Richard A. Chapo.
During their contact with taxpayers, IRS employees are required to explain and protect these taxpayer rights, including the right to appeal. The IRS appeals system is for people who do not agree with the results of an examination of thei...
by: Tony Novak.
The Internal Revenue Service conducted a study of the quality of telephone advice it provides to taxpayers. It found that only 27% of callers actually received complete answers to their questions. Almost three quarters of callers were de...
by: Allen Lundy.
Most people assume that car donation and charity giving are tools the rich alone are able to use to ease their tax burden. This couldn't be further from the truth! Anyone can file a tax return with itemized deductions if they bother takin...
by: Terry Cartwright.
The tax implications of balancing the salary paid, corporation tax liability and declaring dividends is in effect a dividend tax calculator and important in the dividends calculation.The gross salary is paid net after paye deductions for...
by: Richard A. Chapo.
Signaling a renewed fight against tax fraud, the federal government stepped up the use of civil power four years ago. Civil injunctions have subsequently been used to stop:1. Abusive trusts that shift assets out of a taxpayer’s name bu...
by: Dean Forster.
Knowing what tax IRS gas mileage is all about is important to every motor vehicle owner. No matter if your vehicles are used for business, for medical purposes or for charity, you can still save some money by knowing what the Internal Re...
by: ARA Content.
(ARA) - Taxpayers and companies whose deadline for tax returns was September 17th or in coming weeks, are being granted extensions by the IRS due to the national tragedy which disrupted lives as well as flight delivery and mail services....
by: Rachel Yoshida.
April the 15th is the time of a recurring plague for some people. The tax plague that is. It would be hard to find anyone who enjoys having to do their taxes. There are those who do a simple form and have a single W-2. When they are singl...
by: Jim Brown.
A CPA firm's services to prepare even very simple tax returns can cost much. While people should be able to prepare their own returns, a professional will be able to help you work with your return especially on new laws, credits that may ...
by: Tom Wheelwright.
Over the last few years, there have been several advantages, or even requirements, provided by state governments and the IRS to encourage tax filers to file their returns electronically. Statistics show the percentage of e-filers is on th...
by: Tom Wheelwright.
How do you find a tax preparer that is right for you?First, not all tax preparers are the same. I wrote an article about this last year titled: Tax Returns: Are They All Created Equal?HOW DO YOU FIND A TAX PREPARER THAT IS RIGHT FOR YOU?...
