The IRS has decided to give up the fight on an ongoing legal issue regarding taxes it has collected on long distance telephone services. Here is the scoop. The IRS Owes You Money If You Have Paid Long Distance Phone Taxes Every one of us pays for some form of long distance telephone service. The […]
IRS Simplifies Reporting Requirements for Corps
The IRS is heavily promoting electronic filing options. This promotion has run into problems with corporations because of complex regulations. The IRS is now moving to correct this problem. IRS Simplifies Reporting Requirements for Corps Corporate tax filings are legendary for their complexity, number of forms that must be filed and general burden they create. […]
IRS Simplifies Reporting Requirements for Corps and Shareholders
The IRS is heavily promoting electronic filing options. This promotion has run into problems with corporations because of complex regulations. The IRS is now moving to correct this problem. IRS Simplifies Reporting Requirements for Corps and Shareholders Corporate tax filings are legendary for their complexity, number of forms that must be filed and general burden […]
Leveling the Playing Field Among 529 Plans
Many people are already aware of the benefits of investing in a state-sponsored 529 college savings program. What might not be as well known yet are tax parity laws. Numerous states give up-front state tax deductions or credits to residents who enroll in their own state-sponsored 529 plans. But until April, no state allowed residents […]
Make Your Accountant Your Best Friend
Many people just assume their accountant will cut their taxes as much as possible. To get the biggest benefit from them, you need to be a bit more proactive. Make Your Accountant Your Best Friend Accountants tend to come in two types. The first is a reactive accountant, one that waits for you to send […]
Managing Freelance Tax
According to business analysts, the home-based business trend is on the rise and a lot of people are jumping onto self-employment. The news is not surprising since there are many advantages in being self-employed and owning your own business. Aside from the fact that you can actually call something your own, there is also the […]
Marriage and Taxes
Getting married is the greatest day for 50 percent of couples. The other 50 percent get divorced. Perhaps the marriage tax penalty has something to do with it. Family Values Hardly For all the chatter from politicians about family values, it is ironic that the tax code actually penalizes people for getting married. At its […]
Your Well Being And Taxes
Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need of help than ever before. These are the kind of services […]
Real Estate Selling Tips
Real Estate Selling With A Few Solid Tips Selling a home might be a bit different depending on where you’re located. That’s why it’s important that you’re always receiving the latest information possible. If there have been any changes in any particular market or even in buyers’ attitudes, you need to know about it and […]
A Simplified Outlook On Credit Repair
Accumulating credits have never been a good practice. If someone is feeding you the notion that credits are okay, that it is now an accepted part of finances and a very common practice then stay as far away as possible from that person. Credit is bad, it has always been and will always be. Now […]