ISCL is a Intelligent Information Consulting System. Based on our knowledgebase, using AI tools such as CHATGPT, Customers could customize the information according to their needs, So as to achieve
Browsing Category

Taxes : Business & Finance

What is Needed to File a Tax Return?

If it is your job to prepare taxes for you clients, you want to make sure that the process goes as smoothly as possible. This will keep you from having any unnecessary delays and from the hassle of ha

Virginia Tuition Assistance Grant (VTAG)

Although many students dream of going to college and getting a degree, the realities of tuition costs force many to rethink their aspirations. College tuition, for instance, rose faster than the national GDP in 2010, according to the College Board. To ensure that Virginia's students have a chance at

Do You Get Audited for a Loss on a Schedule C?

If you have a small business and incur losses on Schedule C, this fact alone does not flag your return for audit. In most cases, other return issues must exist for the IRS to perform an audit. An audit is an examination of your tax return and the items you claim. In the event you are audited, you mu

Explanation of Payroll Taxes

Employers are required to pay a number of state and federal taxes on behalf of their employees. Some taxes, such as Social Security, Medicare and income tax, are withheld from the employee. Others, such as FUTA and SUTA, are paid by the employer. Employers can use their employee's W-4 to help them c

Form 4868 - Top Five Reasons to File an Extension For Your Personal Tax Return

Looking for a reason for put off until October 15 what you can do on April 15? Do you need some encouragement to join America's largest group of procrastinators? Then read on to discover five good reasons to join millions of other loyal American taxpayers who legally file their tax return late,

What's All The Hype About Energy Rebates?

Did you know that you can change your lights to LED and in addition to saving 50 to 80 percent on your utility bill each month, you can get more money back on top of your savings to help pay for your new lighting? It sounds unbelievable, but it can happen with energy rebates.

Standard Deductions for Married People

When taxpayers file their annual income tax return the Internal Revenue Service (IRS) allows them to claim a standard deduction based on their filing status, or itemize deductions. The standard deduction is a set amount set by the IRS each year that reduces the amount of tax owed. It is used by taxp

How to Homestead Your Residence

If you purchase your home, many states will allow you to file for exemptions from a certain amount of taxes; this is known as homesteading the residence. A homestead must be owned by the individual applicants as a primary residence; it can be a separate building, condominium or mobile home. The resi

How to Report Colorado Sales Tax

Colorado imposes sales tax on all purchases made within the state. The sales tax rate in Colorado is 2.9 percent. At the end of each fiscal period, such as a month or a quarter, all vendors across the state must report to the Colorado Department of Revenue on all the taxes accrued. Businesses and ve

How Does Tax Work for an Independent Contractor?

What Is an Independent Contractor?An independent contractor is anybody who relies on his own business for his income. The independent contractor rarely only works for one company, and most contractors work for numerous clients in the same field of work. An independent contractor can be...

Will a Quit Claim Deed Be Reversed by Divorce in Texas?

Divorce can be a contentious experience. Being able to agree on anything with your soon-to-be ex-spouse may be impossible. When it comes to the division of property, you may need a judge to establish an equitable agreement. If you live in Texas, you may have used a quitclaim deed to place your spous

Valuable Deductions for Self-Employed Taxpayers

Self-employed taxpayers can take advantage of a handful of special tax deductions, such as those available for health insurance coverage and retirement plans. Many of these deductions - including the self-employment retirement contribution deduction - ...

The Importance of A CPA

Millions of people don't know how important it is to get taxes done correctly. This is especially true for businesses that are run by average people. One thing that is great about the nation is that you don't have to have a degree to start your own business; you simply need an idea and wil

The Financial Benefits of Being a Surgeon

Surgeons treat injuries, diseases and deformities through surgery, helping patients becoming healthier. Some surgeons choose to perform general surgeries; others specialize in areas including orthopedic surgery, neurological surgery, cardiovascular surgery or plastic surgery. While the job requires

Why You Should Use A Tax Rebate Calculator To Determine Your Refund

In the past, people who wanted to know whether they qualified for a tax refund had to do many manual calculations. However nowadays, things are much simpler; with the tax rebate calculator, knowing whether or not you are due a tax refund is as easy as spending the money itself. However, there are so

How to Donate a Car for a Vacation

Donating a car can be an incredibly rewarding act of generosity. It can also be a way to land a sizable tax write-off and a free vacation for you and significant other or friend. There are several organizations that allow you to donate your car in exchange for a vacation, and each will vary in terms

Property Assessment & Taxation

The majority of U.S. states assess taxes upon real property. Typically, local state governments and counties assess real-estate property taxes. County residents can deduct their property taxes through state or federal tax returns.