Paying sales tax can be frustrating if your Quickbooks sales tax setup isn't done right. If it is done right, it can be a simple matter of clicking a few buttons for detailed reports or electronic transfers from your bank account to the government agency you are required to pay. The three key areas

The state of Florida does not have any laws that force merchants to accept a return of a purchased item. However, the state does require merchants to post a notice in the store regarding their "no returns accepted" policy. Without such a notice, consumers have the right to make a return within certa

By filing income tax returns effectively after researching and having complete knowledge of tax rebates one can save a considerable portion of his income. Also filing returns on time or before due dat

An OIC is a compromise made between the Internal Revenue Service (IRS) and the liable taxpayer. In some instances whereon payment of taxes becomes improbable due to financial circumstances the IRS can be considerate enough to allow offer in compromise.

Credit cards and debit cards are wonderful conveniences but they carry risks. A lost or stolen card or card number can cost you money and time. A credit card ID number is one of several security features that are used to protect the security of your credit and debit cards. You should know what a cre

Most forms of income, including your salary, interest and self-employment income, are taxable. However, some forms of income, such as welfare, small gifts and some scholarships, are not. According to the IRS, most untaxed income does not have to be included on your tax return. However, there are a f

Farmers are in the business to make money. Whether they raise livestock or grow vegetables, they are working to earn a living for themselves and their families. Like any businesspeople, farmers use permissible deductions to reduce their taxable income and their overall tax liability.

As you go into business for yourself, one question is likely to weigh on your mind above all: what's the profit likely to be? While it just isn't possible to ever be certain of what ...

There are many kinds of treatment for any disease but choosing the right one is a tough job. It is not very simple to get well once you fall sick. Numerous medicines and treatments are available. You may even have some friends who will come forward and give suggestions.

Bookkeeping, commonly referred to as keeping the books, is the process of keeping full, accurate, up-to-date business records. Bookkeeping involves making a record of the monies received by a business as well as the monies ...

Find top picks for the best tax reference publications for tax professionals.

According to the IRS, there were over 1,500 tax fraud investigations initiated in 2010. In addition, the IRS Commissioner recently announced that the organization will increase its efforts to end tax fraud. Even though there are various types of tax fraud, ranging from bankruptcy to corporate fraud

Do you want to know about Turbotax software 2008? Do you want to find out what is in the latest version of this product? Do you want to find out if 2008 version of Turbotax software is right for you?Then read this article.

Many Florida real estate rentals are subject to the state sales tax, just like purchases of clothes or DVDs. If the landlord requires the lessee to pay the property taxes on the rented land, the state will also charge sales tax on that payment too. As of 2011, Florida's sales tax was 6 percent, thou

Although our GST legislation may seem to be simple to apply, there are pitfalls on the application in practice. This article seeks to discuss two common pitfalls on the application of the zero-rating provisions in our GST legislation.

When you refinance a loan, you may be wondering if you can deduct any of the costs associated with taking out the loan. If the loan being refinanced is a mortgage, you can deduct only certain costs. In addition, you may also be eligible to deduct all or part of the interest charged over the life of

My W-2's wrong. What do I do?

Whether they produce or direct the work, filmmakers are the point persons who see any cinematic vision to completion. Most directors are working professionals whose median annual wage of $64,430 makes it necessary to take multiple projects or regular jobs between long periods of no work. Top-grossin

Electronically filing your taxes is quicker and more accurate than paper filing.A young woman holding a pen, doing her taxes image by Christopher Meder from Fotolia.comThe IRS encourages citizens and businesses to file their taxes electronically to ensure faster refunds and greater...

We are all familiar with having to pay income taxes. Many people, especially those who are self employed, have to be diligent in putting aside money to pay taxes at the end of the year or else they may find themselves scrambling for some extra funds at tax time. Those who do not have their taxes esc