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Taxes : Business & Finance
Can You 1031 Tax Exchange Short Term Property?
As many real estate investors purchase a foreclosures and short sale properties, the question become can they do a 1031 exchange on these properties?The answer depends, what is your long term strategy?
Why Do State & Federal Governments Collect Taxes?
Governments are agents of force in that all government actions are ultimately backed by the threat of force. However, governments can also be agents of the common good. In their function as public authority, governments need to forcibly collect taxes that would otherwise not be voluntarily given to
Capital Gain Taxes Free Related Fact
As you devour this article, remember that the rest of it contains valuable information related to capital gain taxes and in some way related to estate planning, free online tax filing, withholding taxes or tax assessment for your reading pleasure.
Income Tax Preparation Advice for Baby Boomers
Baby boomers are a significant percentage of our population and as retirement approaches for many baby boomers, income tax deductions will change. Retirees start to calculate how their savings will support them after retirement. With the average lifespan increasing, understanding how people will be
What is the Benefit of Electing to Be a Qualified Joint Venture?
This article describes the benefits of a husband-wife business filing taxes as a qualified joint venture (QJV).
Tips To Avoid Stressful Tax Time For Military Personnel And Civilians
The article Tips to Avoid Stressful Tax Time for Military Personnel And Civilians†focuses on how active military personnel and civilians can make their tax time less stressful. The article talks about the homework the taxpayer should do to avoid the running around and getting tensed at
Questions on Federal Income Tax Offsets
Many taxpayers expect to receive their federal tax refund within eight to 15 days after electronically filing their tax return. You may be one of a large number of taxpayers who find their refund is reduced or withheld to pay debts owed to federal and state agencies. Congress has authorized the Fina
How to donate for animals
Animal charities do a huge amount of work with pets, wildlife and people and are always happy to receive donations from the public. Fundraising plays a big part in the life of any charity, and any funds or help offered will be gratefully received and will allow the charity to do more good work with
Restaurants & Income Taxes
While restaurants are subject to the same income tax rules as other companies, the nature of the restaurant business leads to unique income tax issues and opportunities. By understanding all of a restaurant's tax obligations and potential strategies, restaurant owners can take appropriate steps to c
Get More GREEN by Going GREEN
First, I want to thank Jackie White for her article last month on budgeting. It was while reading her writing that I received an inspiration for my article this month. While giving us tips on ...
Is it Better to e-File or Mail a Federal Return?
According to the Internal Revenue Service (IRS), in tax year 2008, nearly two-thirds of all tax returns were filed electronically. With the growing use of tax preparation software and Internet access, e-filing offers many benefits over mailing your federal tax return.
Reasons Not to File Taxes
For many taxpayers, the beginning of the filing season is the perfect time to conjure up creative excuses for not filing a tax return. However, unless you fit into a narrow category of taxpayers who are exempt from filing, skipping your filing obligation is probably not a good idea. In either case,
How Many Dependants Can One Legally Claim?
Income tax filing rolls around each year, leaving many taxpayers to scramble as they identify deductions they qualify for. Taxpayers who claim dependents reap several financial benefits on their tax returns. As they prepare their taxes, these taxpayers might want to know how many dependents they can
How to Find Free Property Tax Records
Free property tax records are surprisingly easy to find. If you know where and how to look you can get free property tax records on any property you like, usually from the comfort of your own home. Here's how...
How to Check the Status of My eFiled Taxes
If you are e-filing your taxes on the Web instead of submitting your taxes through the mail, you can easily check on their status. Whether you have e-filed your federal taxes, state taxes or both, you can check the status on your own. There is no fee to check on the status of your e-filed taxes. You
Offers in Compromise
The IRS Offer in Compromise Program authorizes the IRS to compromise outstanding tax obligations with taxpayers with financial hardship for less than the full tax due. What this means is that the IRS
What Percent of Americans Pay Federal Income Taxes?
Researchers who study tax data estimate that nearly half of American households pay no federal income tax, because their incomes are too low or because they can claim enough in deductions and tax credits to completely eliminate their tax liability. Households paying no federal income tax tend to be
File Your Taxes Online And Get Your Fast Tax Refund
Do Taxes Pay Taxes is an easy to use Tax Services to Pay and Efile your Taxes online. Prepare and free e-file your taxes online and get biggest refund you deserve. And one of the fastest ways to get y
Information on Metlife Annuity
Metlife is a provider of insurance and financial products to private and corporate investors. As part of the financial services Metlife offers, various annuities are part of the menu for investors.
Reasons for Imposing Taxes
According to the IRS, more than 263 million returns were processed in 2009.tax forms image by Chad McDermott from Fotolia.comGovernments around the world commonly raise money by imposing taxes on consumer spending, investment and business activity. As in many other countries, tax revenue...