For the best chance of getting all possible financial aid, many colleges and states recommend that students submit their Free Application for Federal Student Aid forms as early as possible. You can submit the form as early as January 1, even though your taxes are not due until April 15. If you submi

There are certain people who try to avoid paying taxes by circumventing the law because they don't know how far and wide the IRS reaches. The IRS constitutionality and jurisdiction are usually questioned by tax "protesters." As a taxpayer, you need to know the laws, so you don't

Property Tax LienAlmost everyone who owns property pays property taxes to the county in which the property is located. Each state differs in the way it collects the taxes. Most commonly, taxes are paid annually or quarterly. If there is a mortgage on the property, the lender may escrow to...

So, you want to settle your IRS tax debt? There are many ways to do this with one of the most common being an offer in compromise. If you are searching for tax debt relief you should consider all options, including this one and any others. There are many benefits of tax debt relief through an offer

Hurricane Ike inflicted a steep penalty on the Texas Gulf coast. However, there is an inconspicuous benefit – casualty loss tax deductions. Taxpayers may be able to take a 2008 deduction if either personal or business property was damaged by Hurricane Ike.

The term garnishment refers to a legal procedure that calls for the seizure of a portion of one's earnings to pay off an outstanding debt. This is usually done through an employer who is ordered by the court to keep or withhold a percentage of one's disposable income. There are other types

The Internal Revenue Service allows taxpayers who itemize to choose between deducting state and local income tax or their state and local sales taxes. For most people, the deduction for state and local income tax is higher. However, you might be better off deducting your state and local sale tax if

Owning a small business can give you an edge at income tax time, if you are armed with as much information about small business tax credits and deductions as you can. Since small business owners are three times more likely to be audited by the IRS than a non-owner, it is very important to have accur

Canadian-controlled private corporations (CCPCs) can increase their spending for study and development as well as other related attempts by acquiring Canadian tax credits. The government, in its work to fast track industrial development, provides investment ...

Form W-4 is necessary for employers to withhold the correct amount of federal income tax from your paycheck. A new form W-4 should also be completed by an employee when any changes in personal or financial situation occur, including marital status, additional children or significant changes in inc

Owing the IRS money is serious business and can be very stressful for the taxpayer. Most people do not set out to owe the IRS money, but end up with unpaid taxes due to financial hardships and unexpected tax liabilities.

Get a refund on your US withholding taxes on casino winnings and lottery winnings.Millions travel each and every year to United States gambling hot spots.

As part of the health-insurance reform legislation of 2010, Congress enacted new law which would have mandated: 1) that all businesses file 1099 forms on all vendors or service providers with whom they did $600 ...

Capital Assets. US Business Law / Taxes.

Although many employees accept jobs because of the amount of gross wages employers tell them they will receive, taxes prevent most people from getting to keep the total amount of their weekly earnings. Weekly tax deductions that employers are required to take out of employee paychecks are determined

Publishing your own book can get expensive. There's the cost of preparing and designing the book, the actual printing, then marketing and advertising, which can add up to several thousand dollars in total. The financial rewards are usually slim: Only a fraction of self-published books sell more than

The Internal Revenue Service requires that all taxpayers who meet the filing requirements complete their individual returns on or before the April 15th deadline. However, there are a number of life events that could delay a taxpayer's filing. In such cases, taxpayers should file an extension in orde

There sure has been a lot of political discussion about taxes in the United States ever since President Barack Obama was elected, and indeed there is a good reason for it too. You see, when a president has high approval ratings, a lot of power and his political party controls both houses, they can p

Just being extremely close to a given relative and being a good son, daughter, spouse or grandchild doesn't necessarily mean you're going to be included in the will. Unfortunately, when your inheritance is denied, the person responsible isn't around to answer your questions. If you've been cut out o

After you file your tax return, you may discover a calculation error or that you forgot to include a form. You may not even discover the error for a few years after filing. You can and should file an amendment to your return no matter when you discover the error, however, even if you have already ca