IRS Tax Negotiation For States
When the IRS or state revenue department agree to settle the tax liability through an IRS or state program, this is referred to as a tax settlement. Tax settlement programs and their guidelines vary state ...
How To Pay Zero Taxes (Book Review)
Review of the book,
Offshore Voluntary Disclosure Program Do You Know Your Options
Such pre-emptive Offshore Voluntary Disclosure Program and negotiations have to be dealt with by a certified Offshore tax attorneys, experienced in offshore compliance and sensitive Internal Revenue Service negotiations.
Can Your Employer Put You on Unemployment if You're on a Salary?
You're entitled to receive unemployment benefits whether your pay is salary or hourly-based. Your employer may alter your wage agreement, but this not a determinant for receiving unemployment benefits. You qualify for unemployment if you did not quit your job or voluntarily retire. However, getting
How to Calculate the Ad Valorem Tax for Georgia Vehicles
Georgia residents who own vehicles are required to pay an ad valorem tax based on the value of the vehicle. The Georgia Department of Revenue is given the authority under Georgia law to assess and collect the tax. Residents have ready access to the resources needed to calculate the tax on their vehi
Why is a Pan Card Number compulsory in India?
Have you ever thought why we need a Pan card? The full form of pan is permanent account number and it has become quite important in today's world especially for the financial transactions. Wh
United Arab Emirates the Insiders' Tip for Starting Your International Business.
The United Arab Emirates (UAE) in generell and the emirate Ras al Khaimah in specific are the number one insider's tip for starting a international company or firm for years now. The United Arab Emirates ...
How to Take Lost Rent on Taxes
Real estate can be an excellent investment, especially over the long run. But real estate tax law is highly complex, so it is very important to keep good records and stay on top of any changes in real estate tax regulations. Owning real estate is much like any other business in the sense that you ha
What Is Imputed Interest?
The Internal Revenue Service uses imputed interest as a way to guarantee that lenders pay enough tax to the federal government. Unfortunately, it also can be used against family members who are parties to a loan agreement. Simply stated, imputed interest is income that the IRS assumes the lender ear
Self Employment Tax Issues
Self-Employment Tax is the self - employed equivalent of the FICA (Federal Insurance Contributions Act) tax that is used to pay for medicare and social security and which comes out of your self-employment net earnings. As a company employee chances are you never thought about the FICA payment, mainl
Assessed Value & Property Taxes
Property taxes are a major source of revenue for city and state governments in the United States. A property owner is charged a tax according to property value, and the amount of tax owed can change if the property value rises or falls. The process of determining the property value for tax reasons i
How to Check Income Tax Refund Status
Taxpayers can check the status of their tax refund to learn when to expect it or if there is a problem with processing. Individuals who filed their returns online can check the status several weeks earlier than individuals who filed via mail. Refunds also arrive faster for individuals who choose to
IRS Taxes That Affect Land
Various land related expenses are treated differently depending on the use of the land and whether the land is improved or unimproved. These expenses include land rates, association fees, and other land maintenance expenses. Unimproved land In taxation terms, improved land is land that has a structu
How to Calculate Capital Loss on Shares Sold at Discount
Businesses acquire economic resources to use in their activities through incurring economic obligations to others, whether those others are creditors or owners. Such economic resources are called assets, while such economic obligations are called either liabilities or owner's equity, depending on th
Fill your Tax Return on Time avoid the Penalties!
Filing Your Tax Return' is one of the most popular booklets among the taxpayers. These booklet mainly deals with the procedure for filing of the tax returns.
Instructions for IRS Form 8379
The IRS form 8379 is used by spouses filing jointly when one spouse has federal nontax debt (such as a student loan), spousal support, child support or federal and state tax debts. Form 8379 is intended to help the spouse without past-due debts (the "injured spouse") keep some of the overpayment fro
Where Does a Tax Lien Get Reported To?
A tax lien (TL) will become public and country clerks offices will have it on file. A TL will also be reported the three main credit bureaus therefore ending up on your credit which only causes more problems.
Can I Claim a Tax Deduction for Purchasing a Vehicle for My Business?
Many business owners that are purchasing a vehicle, get the idea of claiming a business tax deduction for the transaction. Find out why this may be a mistake.
How to Send Federal Tax Returns by Certified Mail
Your federal tax return contains several pieces of personal information that should be protected. You may need to send your federal tax return by mail or may simply prefer to. Either way, sending your return using the U.S. Postal Service's Certified Mail Service provides you with proof that your ret
How to Build a New Credit File
Building a new credit file takes time and effort. Information on your credit report cannot be erased unless the information is inaccurate which means it will take work and effort on your part to ensure every single item that is reported in your credit file from this day forward is positive and will