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Taxes : Business & Finance

Outsource Payroll Services To Make Life Easier

Outsourcing payroll services from the individual accountants and accounting firms is a very good option, as companies get to complete the task in a very little time, in the best possible way and that too at the least amount of money as possible. This is how outsourcing payroll services automatically

Filing a Tax Deadline Extension

The deadline to file your tax return is only a few weeks away (April 18 for those who still don't know). If you have not yet filed your federal return, I highly recommend taking a ...

The Salary of Greenhouse Workers

Greenhouse workers are involved in growing various types of horticultural products, including trees, shrubs, flowers and plants for the vegetable garden. The U.S. Bureau of Labor Statistics classifies them as agricultural workers in the specialty of crop, nursery and greenhouse workers. The agency r

How to File & Pay Federal Unemployment Taxes

Unemployment compensation benefits are payable to any qualifying, unemployed individual. These benefits are regarded as gross income by the Internal Revenue Service and therefore are subject to income tax. Although federal taxes are not typically withheld from a recipient's unemployment check, the b

How to Calculate Federal Income Tax for Wages in Georgia

No matter in which state you reside or work, your federal income tax withholding for your wages is the same. The Internal Revenue Service requires employers to deduct federal income tax withholding from the wages of all employees based on the information found on each employee's W-4 Form. W-4s are g

When Does an Individual Need to File Taxes?

In most cases, all U.S. taxpayers must file a federal and state income tax return in April. Some exceptions apply if you are a U.S. resident living outside of the U.S. or if you reside in the country and request a valid automatic extension of time to file. If you request an extension of time to file

Claiming Gambling Losses on Your Tax Return

While you put your money in gambling, sometimes you win and many a times you lose.If you keep proper documentation, you can claim gambling losses as a deduction from your income.

How Do 1031 Deferred Exchanges Work?

The IRS Code provides for a deferment of taxes on the disposal of a property if that property is replaced with the reinvestment of the proceeds from the sale into another property of equal or greater value.The arrangement of 1031 deferred exchanges provides for the idea that there has been no real e

Colorado Workmans Comp Rules

Workman's compensation provides protection for workers injured on the job as well as employers seeking to avoid large payouts. Laws regarding workman's compensation insurance vary from one state to another. Colorado workman's comp rules are worth knowing for the worker and employer alike. Workers wi

Can You File as Head of Household With No Dependents?

The Head of Household filing status is for people who are not married and pay more than half of the expenses of maintaining their households. There must be a qualifying person to allow someone to file as Head of Household, but in the case of a qualifying child, the child does not have to be claimed

Finances and Tax Deductions

Taxpayers consider various financial actions throughout the year. They perform financial planning for retirement, consider the financial impact of college expenses and plan for real estate financing when they purchase a home. Tax deductions provide potential tax benefits for taxpayers. These taxpaye

Find the Best Deal With IRS Tax Problems

Many Americans struggle on their taxes. Many reasons are behind those struggles and enumerating each of them is not enough. With this, when you have your IRS problems, you always need to look for an ...

Tips for Reducing Small Business Taxes by Changing Behaviors

Entrepreneurs, did you know that the tax code is filled with incentives that help you lower your income taxes? Tom Wheelwright, CPA, clued me in on a new way of thinking about tax planning for small businesses. The general idea is to be alert for opportunities to reduce taxes permanently. To do that

IRS Tax Resolution - Addressing Your Concerns

The country is now uncertain about its economy. Today's economic downturn has managed to push many Americans to a point of destitute. Failure to pay income taxes has been a result for many.

How to Claim My Stimulus Money

Because of the crippling recession that started with a September 2007 stock market crash, the U.S. government began issuing economic stimulus money to 2007 taxpayers who filed before October 15, 2008. The American Recovery and Reinvestment Act of 2009 continued the trend by offering 2010 tax payers

Didn't Get A W-2 From Your Employer?

Working for an employer has its perks. One of them is you get a W-2 summarizing your earnings and taxes paid. But what if your employer didnt issue one to you?