Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.
Introduction I predict that in order to reduce the Federal deficit, pay for extraordinary government spending on defense and infrastructure, protect the viability of Social Security, fund a substantial tax cut for low and middle class citizens and diminish the growing wealth gap between the vast majority of Americans and the 1 percent, a one-time […]
As a small business, you probably deal with a lot of financial matters on a regular basis. Important decisions must be made on time, and you must invest your time in various daily activities and tasks that have a significant influence on your resources. No wonder, entrepreneurs look for the maximum ways to save money, […]
Do you own a limited liability company (LLC) and are wondering what form to use to file your business income tax return? This article will answer that question. First, here’s the short answer. Usually, an LLC files its annual federal income tax return on one of the following forms: Schedule C (as part of your […]
With the impending advent of GST, homebuyers are presently jostling with a lack of clarity with respect to several aspects related to real estate. Aspects such as whether the rate of GST will remain equal to the present applicable taxes; whether affordable housing will come under or remain outside the purview of GST. Taxes such […]
For many, the painstaking, arduous task of tax planning is something they dread all year. What’s more, the dread it felt year after year, as though somehow there may have been a pleasant change that has occurred in the intermittent 364 days to remedy the process. Tax season, it seems, always carries some woes. According […]
The rise of the online community has changed the way in which we do the business always. It has delivered us nearer to people that can help with our everyday operations and additionally backend business needs, empowering our organizations to run smoother and turn more benefit. One of the key places this has truly had […]
The year 2011 has come with a string of tragedies in terms of bad weather in various parts of the United States. One of the more recent catastrophes was Hurricane Irene. The Hurricane caused havoc all up and down the East Coast including Philadelphia and Delaware. Many victims of this disaster are still coming to […]
Many major U.S. corporations that run operations overseas have a lot of their profits and funds in overseas accounts to avoid being taxed. The federal law requires any repatriation of such funds from subsidiary operations to be taxed at 35%. This heavy taxation has forced many to keep their funds outside the United States. However, […]
Are you trying to figure out the exact amount of the income tax refunds you think you must claim? But do you find it an ever-pending task as whenever you try to sit down and calculate the overpaid amount? If all your answer is yes, then you don’t worry as there are over thousands of […]
If a taxpayer receives a CP 504 and then ignores it, the repercussions are immediate and quite serious. This notice is only sent after two previous notices (CP 501 and CP 503) have failed to get the attention of the taxpayer. The debtor must understand that when the CP 504 IRS notice is received, the […]
