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Taxes : Business & Finance

Do It Yourself Online Tax Filing Freeware

With technology and the ability to file online, you can file your taxes much faster and with fewer complications. Throw away those pencils and forms and instructions. File on the web and let the software program do all the calculations for you. If you make less than a certain adjusted gross income p

Tax Check List for Filing

As the saying goes, nothing in life is certain except for death and taxes. Although many of us dread the tax season, it is something that we must face each year. To ensure that you are paying the minimum amount of taxes necessary and to avoid potentially costly errors, the use of a...

Offer in Compromise and Form 433A

Making a successful Offer in Compromise to the IRS is very time consuming and technical in nature. The most important part is IRS Form 433A and it is important to make sure this form is prepared accurately.

Do I Need to File Taxes If I Was Unemployed?

In the eyes of the IRS, income is income. If you have income, you owe taxes on it (with a few exceptions). Whether you were employed during the year or not, you still have to file an income tax return and pay taxes based on your income -- unless your taxable income was less than $400 if self-employe

Get Five Years Tax Exemption By Immigration Trusts

On becoming a resident of Canada, an individual’s world income is automatically subjected to Canadian tax. However, there is a specific exception, when an immigration trust is used to hold foreign investment assets.

Do I Have to Report Disability Benefits for Income Taxes?

The Internal Revenue Service seldom taxes disability benefits, but it sometimes taxes a disability pension. Who paid your disability insurance premiums may define the tax potential if you collect disability benefits. Other income may also determine whether you have to report disability benefits on y

Mortgage Relief Eligibility

If your monthly income has fallen since you've taken out your mortgage loan, you might be struggling to make your monthly home loan payments. Fortunately, you can seek mortgage relief through a mortgage loan modification. The federal government in 2009 launched its Home Affordable Modification progr

Irs Tax Relief - Clear Up Your Tax Bills Today

Eliminate the stress and clear up your tax bills and get back on the right track with the IRS. You do not need a full payment to get back on good terms with the IRS. The IRS has many methods to get re

Deductible Interest on Individual Tax Returns

In the tax business, we see a lot of people trying to take deductions for expenses that are not actually considered deductible by the IRS. One of the most common expenses that people struggle with is interest. There are many different types of interest, and many people have a difficult time figuring

Functions Of A Tax Attorney

Tax attorney is a lawyer who knows the complications of tax law. You may require the advice and expertise of a qualified and reputed tax attorney in many situations.

Top 6 Health Care Reform Tax Myths

As the health care reform debate continues, it seems like television commercials and e-mail blasts are going out left and right to either promote or discredit the bill. To help people confused by some of the claims being made in these advertisements please enjoy the following list of the top tax myt

IRS Collection Information Statement for Businesses

If you are a business owner and you have requested an Installment Agreement or an Offer in Compromise from the Internal Revenue Service (IRS), chances are you will be asked to complete a Collection Information Statement for Businesses. The statement is used to help the IRS determine how much of your

Limitations on the Prosecution of Bad Checks in Missouri

Bad checks are those a check writer's bank refuses to honor, and under laws in the state of Missouri you can file criminal charges against people who write bad checks. However, limitations exist on prosecuting writers of bad checks in the state. To file criminal charges you must file a complaint wit

Fbar Form What' s New

Despite your tax liability, you are still required to file the accurate FBAR Form within the filing deadline so as to get around penalties. You must never try to get around filing these forms unless you are willing to risk serious penalties that involve prison. Because the instructions and rules con

Tax Lien Laws in Alabama

Alabama is a tax lien state, which means when property taxes go unpaid for an extended period of time the county may sell a tax lien on the property to investors. Tax liens are similar to loans. An investor buys the tax lien by paying all past due taxes and fines for the property. The lien is held f

Steps to Amend Delinquent Taxes

Filing your taxes is a requirement every year. For some filers, getting taxes in on time, or completing them thoroughly, is not possible. If you have delinquent taxes you may be liable for fines or more serious consequences. If you have delinquent taxes, it is possible to amend them and satisfy the