Taxes : Business & Finance

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How to Donate Exercise Equipment to the Salvation Army

How to Donate Exercise Equipment to the Salvation Army

The Salvation Army is a Christian outreach ministry seeking to serve the hurting and disadvantaged people in society. The Salvation Army operates more than 1,400 thrift stores in the United States. All proceeds from the thrift stores are used to fund Salvation Army's adult rehabilitation centers (AR......[Read More]
Can the IRS Garnish Your Paycheck? The Truth About The IRS Levy Process and How to Stop It

Can the IRS Garnish Your Paycheck? The Truth About The IRS Levy Process and How to Stop It

The IRS has unprecedented power when they turn their enforced collection process on.This article describes two common IRS collection method, bank levies and wage garnishment, what they are, how they work and how to get them removed.......[Read More]
Tax Deductions For Home Based Businesses

Tax Deductions For Home Based Businesses

A big advantage of working from home is the tax benefits of operating a home based business. Working from home allows you to deduct portions of bills that you are already paying to live there.You can deduct home expenses if you actually work in your home. It is easiest to do this if you have a room ......[Read More]
Rajiv Gandhi Equity Saving Scheme - Key Highlights

Rajiv Gandhi Equity Saving Scheme - Key Highlights

New Investors can make Investment in RGES to can additional Income tax Deduction of upto Rs 5150/-. Deduction u/s 80CCG is over and above Section 80C. Investors are advised to invest in RGES only if existing limit under section 80C and 80D is exhausted.......[Read More]
The Average Salary of Illustrators

The Average Salary of Illustrators

For those who love to draw, paint or work in graphic design, a career in illustration might be a fulfilling career choice. The average salary of illustrators depends greatly on the amount of experience they have, the industry they work in, and even the area of the country in which they are employed.......[Read More]
Why The Standardized Florida Real Estate Appeal Process Is Beneficial

Why The Standardized Florida Real Estate Appeal Process Is Beneficial

Florida homeowners that believe their property tax notice is incorrect have until mid-September to file an appeal. Floridians are lucky, as their state is the very first to offer a standardized real estate assessment program. Instead of homeowners trying to figure out how to file their appeal and st......[Read More]
Federal Tax Law 2005 - Exclusively For Nonprofit Organizations

Federal Tax Law 2005 - Exclusively For Nonprofit Organizations

Tax exempt status has many advantages for a nonprofit organization but it is important that those running such bodies understand federal tax law.......[Read More]
IRS Warning Taxpayers About New Email Scams

IRS Warning Taxpayers About New Email Scams

If you have an email account, you know about all the scam emails you get. Scammers are getting braver and using the IRS name in their new tactics. ......[Read More]
Queries Answered About Form 2290

Queries Answered About Form 2290

Even today, there are taxpayers who are confused about efiling form 2290 or in better words, they are skeptical about filing online as they are ignorant of the benefits lying behind online filing. Heavy Vehicle ... ......[Read More]
10 Tax Tips to Reduce Costs and Increase Income

10 Tax Tips to Reduce Costs and Increase Income

No one likes paying tax. Everyone understands that tax is a necessary evil and that without it our government would not be able to afford our roads, health services, education, welfare system etc. However you are not obliged to pay more tax than that for which you are legally liable. Here are some t......[Read More]
Tax Impact of Cancellation of Debt

Tax Impact of Cancellation of Debt

The housing crisis has many people concerned. Each and every day thousands of people are losing their homes to foreclosure. But for many folks, the troubles do not end there. They must deal with potential tax ramifications.......[Read More]
Private Placement Life Insurance, an IRS Tax Audit Strategy

Private Placement Life Insurance, an IRS Tax Audit Strategy

Private placement life insurance is a pre-emptive IRS audit tax strategy that transforms taxable ordinary income and capital gains into tax-free income (with no income tax reporting required under current U.S. Law). Please reference IRS ... ......[Read More]
Tax Relief Payment Options for Paying Back Taxes to the IRS

Tax Relief Payment Options for Paying Back Taxes to the IRS

If you can't afford to pay your back taxes in full, know that the IRS offers several flexible payment options for paying back taxes. Qualifying taxpayers can obtain tax relief from tax debt t......[Read More]
Our Ever Changing Permanent Tax Rates

Our Ever Changing Permanent Tax Rates

Every news outlet in the country says the big battle in the lame-duck Congress is over whether, and for whom, to permanently extend the Bush-era tax rates. This requires us to ask: What exactly is a "permanent" tax rate?......[Read More]
How to Donate Wheelchair Accessible Vans

How to Donate Wheelchair Accessible Vans

If you have a wheelchair accessible van you would like to donate, there are a number of charities in the United States that specialize in these types of vehicle donations. Wheelchair accessible vans donated to charities are given to families who need to transport a disabled family member. Many famil......[Read More]
Four Important facts about filing your Income Tax returns in India

Four Important facts about filing your Income Tax returns in India

Here are four important facts about filing your Income Tax returns in India. The Income Tax returns filing is mandatory, there is penalty for not filing, due date for filing and disadvantages of filin......[Read More]
Taxes & Medical Expenses

Taxes & Medical Expenses

Medical expenses are not all treated equally, at least when it comes to deducting them on your personal tax return. Some qualify while others don't, and scheduling and incurring medical services and purchasing medical products do not usually provoke thoughts about tax deductions. At the start of eac......[Read More]
Can the IRS Levy on a Debtor's Monthly Social Security Benefits?

Can the IRS Levy on a Debtor's Monthly Social Security Benefits?

If you owe federal taxes and receive Social Security income, the Internal Revenue Service can levy a portion of your benefits to pay the balance. In most cases, the IRS only resorts to this type of action when you fail to respond to other attempts to resolve your account. The best way to avoid a lev......[Read More]
How to Write Off Business Expenses on Taxes, Tips for Lowering Your Taxes

How to Write Off Business Expenses on Taxes, Tips for Lowering Your Taxes

Many individuals owe taxes at the end of the year do to the fact that they don't take the time to write off their business expenses. For those that have a side business, child care business, or any type of home business, it's essential to save receipts and write off expenses at the end of the year. ......[Read More]
Expatriate Tax Return Regulations Are Complex

Expatriate Tax Return Regulations Are Complex

The US tax code is the most complicated in the world and the sections dealing with residence abroad and foreign income are among its most complex provisions. Preparing an expatriate tax return requires a considerable degree of knowledge about these regulations, especially if a US citizen living in a......[Read More]