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Taxes : Business & Finance
Bankruptcy Reform Act of 2000
Beginning in the mid-1990s, Congress considered several new bills introduced to change the bankruptcy laws. Since bankruptcy is a matter for the federal courts, the Congress must pass, and the president must sign, any legislation to change this process, and the basic rules are enforced uniformly thr
What Paperwork Do I Need to Donate My Vehicle in Pennsylvania?
Donating a car in Pennsylvania is a straightforward process, and not only does this tangibly benefit the receiving organization, it yields a tax credit for likely more than the car could be sold for on the open market. Many charities provide all of the paperwork, which is both specific and necessary
Truck Driver Tax Write Offs
In the late 1800s, the U.S. government began regulating transportation companies to prevent railroads from charging unfair rates. Two hundred years later, truck drivers now offer transport services within the rules and regulations from the Department of Transportation. Fortunately, along with this
Tax Deductions
Tax deductions signify the amount deducted from a persons gross income so as to reduce the taxable income. The basic standard deduction depends on the individuals tax return filing status. The taxpayer need not pay income tax on expenses termed tax deductible. Expenses such as legal fees, medical ex
Tax Effectiveness For Charitable Donation - Part III - Donations at Death
As we mentioned in previous article, The federal government has creates a tax reduction program for people making donation to charities because giving money to charity provides many benefits to both the community and the donor, most people do not give much thought to developing a tax-effective strat
The Most Frequently Asked Questions about Buy to Let Tax?
If you have recently invested in a buy to let property you may well be wondering about the regulations tax. Here we answer some of the most frequently asked questions about buy to let tax.
How to Have Less Stress During Tax Season
Want to lower your already heightened levels of stress? Find out how in this helpful article. You'll be more relaxed with these tips.
The Politics of Taxation and Accountability
Taxation is not high on the domestic political agenda in Balkan countries. With the exception of Greece, the politics of taxation are, in general, limited to involve a few specialized interest groups, and tend to take place in non-public arenas. Small lobby groups pressure for exemptions, for rate r
An Accountants Advice On The Wealth Tax Changes In France
In proposals now enacted by Parliament, significant changes have been made to the wealth tax (impôt de solidarité sur la fortune).
Scholarships for Missionary Kids
Religious organizations, missionary foundations, family funds and postsecondary institutions administer scholarship programs specifically for the sons and daughters of missionaries. Each missionary dependent program has its own guidelines, which may limit applicants based on school attended, religio
Australian Federal Budget - Tax Changes
On May 12, 2009, the Australian Federal Budget was handed down. A big deficit has been forecast. This article discusses some of the important tax changes for business owners.
Double the Worry! - State Alternative Minimum Tax
A number of states have their own version of an Alternative Minimum Tax – one that is imposed at the state level, separate and distinct from the Federal Alternative Minimum Tax. While a state AMT cert
If Somone Else Can Claim Me on a Tax Return, Can I Still Get the First-Time Homebuyer Credit?
In 2009 qualifying first-time home buyers and move-up or repeat buyers were eligible for a federal tax credit of up to $8,000 providing that they made a home purchase prior to April 30, 2010 and closed on that purchase prior to July 1, 2010. This tax credit comes with certain stipulations.
What Is the Difference in Taxes After a Baby?
Having a child can dramatically affect your taxes. Parents typically see the greatest tax benefits after having their first child, but tax benefits continue with each additional child as well.
The Conservation Easement Tax Relief That Ends in 2011
As the Obama Administration took over the leadership of America, one of the areas that it was keen to alter was the large Bush tax cuts that allowed the rich get huge deductions and take home large amounts of refunds. This was one of the campaign promises made by President Obama prior to taking over
Does Owning Rental Property Reduce My Tax Liability?
Whether or not owning rental property can help you at tax time depends on several variables.The largest variable is whether you are paying a mortgage on the rental property or if you own it free and clear.To get any tax credits on your rental property, you must itemize your tax deductions.
Form fbar - form tdf 90-22.1
FBAR: United States persons with a financial interest in, or signature authority over, any financial accounts (including bank, securities or other types of financial accounts) in a foreign country mus
Important Factors of a Good Federal Tax ID Database Provider
The federal government of the United States uses a unique number in order to identify various businesses. This number is called Federal Tax ID also known as Employer ID Number (EIN). People who tend to start a business apply for this unique tax ID. There are searchers who are always in need of looki
Failure to File Taxes
If you fail to file your taxes in any year that you owe the IRS an additional tax payment, you are subjecting yourself to severe consequences. The IRS has authority to use an array of collection procedures to ensure it collects what you owe. Aside from collections, not filing your returns has other
How to Design a Low Property Tax House
Building the home of your dreams while keeping property taxes low can be difficult. If you are designing a house yourself, you already have more control over design than someone who is purchasing a house or making renovations. Every state and town has its own property tax codes and laws, so research