The history of car donation stretches back a long way, if you are aware where to search you can easily find info on topics such as places to donate used cars, car donation charities in michigan and also purchasing donated vehicles, a multitude of people will probably need specific tax rules … Read The Full Post
Dreading April?.If you are running a home business, it is important to remember that there are tax deductions for you when tax season rolls around. Of course, you do not want to try to fool the IRS (no one wants to run the risk of being audited!), but you do want … Read The Full Post
For roughly the last ten years, the internal revenue service has made a fairly major effort to be more taxpayer friendly. The Industry Tax Issue Resolution Program is one such step.
Industry Issue Resolution Program. After years of living in denial, the IRS has come around to admitting tax forms and … Read The Full Post
You’ve been feeling uneasy (perhaps even guilty) because you’ve failed to report your under the table business income. Perhaps you’ve never filed a tax return, even though you know you owe money. Finally, you contact an accountant to resolve the situation.
Although it is commendable that you are trying to correct … Read The Full Post
Undoubtedly, you are aware of Dear John letters. Often a young lady sent them to men in the military, often containing bad news. Well, the IRS sends them to taxpayers as well.
Dear John Letters From The IRSThe Internal Revenue Service sends out millions of Dear John letters to taxpayers every … Read The Full Post
Are you in debt?. Is the Internal Revenue Service breathing down your neck and threatening your livelihood?. Do not be overwhelmed by tax debt as there are ways for you to solve your tax debt problems and keep the tax collector far away. Read on for some helpful advice.
A Little … Read The Full Post
Standard monthly expenses for your Business are transferred from you to your Tax Professional to be put on your Schedule C. No problem, most people get this part right. It’s the thousands of dollars in miscellaneous receipts that many people forget when under the haze of tax season. These miscellaneous expenditures … Read The Full Post
With all the talk of the rich not paying their fair share of taxes and the tax cuts earlier this decade only going to the rich, here are some facts to contemplate and you as the reader can make up your own opinion.
· The statement above could be true when … Read The Full Post
“Payroll Taxes are Due, with Penalties and Interest”.
At least that is what the letter from the IRS says. First thing, don’t panic. Quoting Daniel J. Pilla’s study for the Cato Institute “About 40 percent of the revenues the IRS collects through penalty assessments are abated when citizens challenge the penalties.”So … Read The Full Post
* Is Social Security retirement income taxable?.Social Security retirement benefits are taxable, although it depends on your total income and civil status. Federal law states that an individual must pay taxes if he/she has annual Social Security retirement income of more than $25,000. If he/she has a married status, they must … Read The Full Post