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Taxes : Business & Finance

IRS Tax Debt - Fraudulent Tax Filing Can Send You to the Jail Cell

Getting Cocky: Go ahead, go crazy with your Tax Filing. That's what everyone says. Claim your new pool as a "Business Expense" and Claim Dependants you don't have. Think about it. Does it really sound like a good idea? Do you really think you can get away with that?

Income Tax Write Offs

When it comes time to do your taxes, pay attention to write-offs, otherwise known as deductions. Catching enough of these valid tax items can reduce tax liability significantly, keeping more of your earned money in your pocket.

How to Prevent Someone From Placing a Mechanics Lien on Your Home

A mechanics' lien is a legal instrument used by contractors and materials suppliers to collect on debts owed for improvements to real estate. When work has been performed and materials have been furnished according to agreement, the provider has a legal right to collect payment. When payment is deni

The Process for Tax Deed Sales

In some states, when a property owner is delinquent in paying property taxes to a local taxing authority, that agency has the legal authority to seize the property and sell it at auction. This is known as a tax deed sale, for which the procedures in each state are similar. Those seeking good investm

Benefits in Kind Fact Sheet

What is it? Benefits in kind are benefits that employees receive from the company, organisation or business they work for - separate to their salary. These include things such as company cars, medical insurance or ...

Choosing Your Naperville Accounting Firm

Are you looking out for some good Naperville accounting firm for your organization? Taking all the many aspects into consideration and then choosing one is important.

What Are Settlement Costs?

Settlement costs, also called closing costs, are costs incurred primarily with home loans and refinances. The amount of these costs varies based on the home, its price and the lender. Many different types of costs are included in settlement charges and the buyer is responsible for paying them.

Usefulness of Filing 1040 Tax Return

Different variants of Form 1040 are available and at time it becomes confusing to select which one would suit you the most. As the name suggests the Form 1040EZ is supposed to be the easiest of them all but still you might be benefit more from filing a 1040 or a 1040A instead in few cases. There are

Why You Should Not Miss the Tax Deadlines

Many people delay their tax payments and drag it to the deadline date thus increasing the chances of making mistakes. You can get in huge trouble by doing so in several cases. Your one minor mistake can result in higher tax pay than you were supposed to pay actually.

Tax Tips for a Fireman

When working as a firefighter, you may risk your life on a daily basis to save others, but the Internal Revenue Service does not give you any special treatment. You pay taxes on your income just like everyone else. At the same time, you may be able to take some deductions for expenses that you incur

Is it Legal to Claim a Nonrelative on Taxes?

Another hungry mouth to feed can be a valuable thing at tax time. This is because the Internal Revenue Service allows you to deduct a significant amount of money from your taxable income for every qualified dependent you can claim on your income tax return. As of the 2010 tax year, each qualified de

Turbo Tax Vs. Accountant Prepared Taxes

According to IRS estimates, the average tax filer needed between 21 and 32 hours to file his 2009 taxes. Because of this, more than 60 percent of Americans pay a professional to file their returns. Furthermore, others opt for self-preparation, with just over 20 percent using a tax preparation softwa

How to Check if You Returned a Redbox DVD

Redbox allows you to manage your DVD rentals through the website. With your Redbox account, you can monitor the movies that have been rented, the date rented and returned, and any outstanding balance you owe. Check your Redbox account to see if you returned a DVD.

Wages for LVNs in California

A large number of licensed vocational nurses work in California. These nurses are technically called licensed practical nurses in all states except California and Texas. About 62,300 LVNs, or about 8 percent of the nation's estimated 728,670 LVNs and LPNs, worked in California in 2009, according to

How to Transfer Inheritance From a Bank in Spain to the U.S.

Globalization and international trade have enabled banks to communicate globally for consumer and business purposes. If you have inherited money in Spain and want it transferred to the United States, your bank in Spain can arrange for the money to be transferred in as little as one business day. Whe

How to Find Out If I Owe State Taxes

For most of us, paying state taxes is fairly routine once we have filed our federal income tax forms. However, for those who have moved to a different state during the year, or miscalculated a previous return, it is unpleasant to receive a tax bill and discover late fees, penalties and interest hav

How to Expedite a Tax Refund

If you have a refund coming, you want the money as soon as you can possibly get it. Here are a few ideas to help you accomplish that.

Who Should Use The New Self Employment Tax Returns In The UK

HMRC published new self-employment tax returns in April 2008 to replace the previous self assessment tax returns for self employed business in the UK. The self-employment tax returns are applicable from the financial year ending 5 April 2007. Similar to the previous self assessment forms the new tax