There are a number of advantages of hiring the services of the tax consultant. Are you looking out to hire the services of the tax consultant?

What you need to know about tax lien certificates.home sweet home image by David Dorner from Fotolia.comA county can respond to the failure of payment of property taxes by putting a tax lien on the delinquent homeowner's property, and it can auction off those debts as lien certificates....

Self-employed persons can deduct the cost of health insurance as an adjustment to income on page one of their Form 1040. This is one of the few business-related expenses we deduct on the 1040 instead of on the Schedule C. The result? This deduction reduces the federal income tax only, and does not r

The electronically submitted return was designed to make the filing process more convenient for the taxpayer and more efficient for the IRS. E-filed returns decrease the timeline to 10 days compared to six to eight weeks for a paper return. Also, since it is an automated process, it's easy for a tax

The unfair, discriminatory Federal income tax is harmful to its citizens. Americans are angry enough to protest. A flat tax is the best solution to the taxation problems. Tax protesters should vote against the incumbents in the next election to guarantee positive changes.

Over 1.4 million New Jersey residents received Social Security survivors, retirement and disability benefits in 2010. This includes beneficiaries and their family members. The Social Security Administration allows beneficiaries to work and receive monthly payments simultaneously. However, depending

An excise tax is a tax on the sale of a good, such as a new automobile, real estate or ammunition. Each state sets its own excise tax. Before you purchase a new vehicle, for example, learn how to manually determine excise tax based on the purchase price. The math is moderately easy and excise tax ca

Governments rely on tax revenue to cover operating costs and fund agencies and programs. The federal government imposes taxes on all citizens, but state governments determine their own tax structures which. All states have some form of taxes, whether it be sales, income or a combination of many taxe

Learn to hire an efficient online tax return preparation services with the help of this article.

Your payroll tax is money held back from your check so you can pay your taxes when it's time to file. Your employer is tasked with doing this calculation based on your income, the periodicity of the payroll and how you file. The employer consults an Internal Revenue Service document, Publication 15,

To help working parents afford rising day care costs, Congress enacted the Child and Dependent Care Credit. The credit allows working parents to reduce their tax liabilities by 35 percent of their qualifying child care costs, limited to $3,000 for one dependent or $6,000 for more than one. Whether y

Describes the late filing penalties for wage and tax statements on forms W-2 and 1099-MISC.

Dealing with the IRS and related tax problems can be anyone's worst nightmare. Jones and Ryan tax attorneys have extensive knowledge in tax law and today want to answer some of your common tax questio

There are four basic tax pros you may wish to hire. Whenever you are risking serious trouble with the IRS you should hire a tax attorney.

One aspect of tax law that creates a great deal of confusion is the categorization of income. Often, tax filers are confused about which income is taxable and which is not, as well as the various rates at which their income is taxable. And it doesn't help that many of the worksheets provided by the

As you probably know, the IRS has a form for just about everything. Some forms are known as informational, and the 1099-MISC form is one of them.

Unease about your eligibility to collect Social Security while owing federal tax can cause you to delay receiving benefits to which you are entitled. Although back taxes cannot prevent you from applying for benefits, the Federal Payment Levy Program does allow the IRS to recover funds from your bene

Working from a home office can offer several advantages over a traditional work environment. You can work in comfortable clothes instead of professional attire, avoid rush hour commutes and care for children or elderly family members while you complete work tasks. You also can deduct certain work ex

If you are a member of a board of directors or receive director's fees for sitting on different boards, you must still report these fees to the Internal Revenue Service as income. In fact, they are considered to be nonemployee compensation and any other remuneration by the company paying the fees mu

Tax brackets are used to adjust the amount of tax people pay based on the income they earn. When people talk about what tax bracket they are in, they usually are referring to their marginal tax rate, or the percentage of taxes they pay on their last dollar of taxable income. For example, if your tax