State and federal taxes both include an income tax on money earned by taxpayers. If the money is withheld from paychecks automatically, then the taxpayer rarely worries about the taxed income. If the taxpayer works at a job where taxes are not withheld, they must make estimated income tax payments t

Army salaries are based on the Military Pay Chart published by the Defense Finance and Accounting Service, or DFAS. DFAS publishes the pay chart annually to reflect adjustments in Army salaries, allowances and an annual raise. Congress determines the size of the annual raise, which varies every year

Value Added Tax (VAT) refunds can save you money if you purchase many souvenirs during your travels, according to the German Mission in the U.S. website. The refunds are only open to American citizens and can only be obtained through European countries, including the U.K, Belgium, Italy and France.

The IRS requires that all tax returns be filed and all tax paid on or before (or postmarked by) April 15th. However, taxpayers who are not able to file the return by the due date have the option of filing an extension. The extension usually gives the taxpayer until October 15th to file the tax ret

Assets Seized: Here come the Men in Black. They knocked on your door and took your cash, cars, your jet skis, and even Fido's house! Let's face it. If you made the IRS go through the trouble of seizing your assets, you ignored them for far too long. It's going to be hard to get your d

After finishing studies from graduate schools, plenty of Londoners will have to try their hands in different job profiles. Possibilities for graduates with commerce backgrounds have increased in recent years among various companies, which have ...

During the course of any American's life, he or she will have to copewith getting an IRS notice at one time or another. Tax laws keep changing, and can be subjected toa lot of wrong interpretations. This problem is precisely the reason why the IRS mails these notices so frequently.To help them

Homebuyers need resources in today's marketplace if they hope to find the best deals on properties. Articles like the one you're reading now, are all about pointing you in the right direction and giving you a slew of helpful tips that you can use, in order to make the right decision.

You must satisfy eligibility requirements to qualify for first-time home buyer status, and this does not necessarily mean you have never owned a home. Most people seek first-time home buyer status because of the lower down payments, closing costs and tax credits that are available. Certain as

The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. There are three basic ways to reduce your taxes.

Axs Online Pvt. Ltd. is a reputed company, providing outsourcing tax return preparation. We also render outsourcing accounting and bookkeeping in a very affordable cost to CPA firms as well as small, medium and large ...

Think you owe just the unpaid taxes you have? Think Again!. The IRS charges severe penalties on top of the amount you owe. If you don't pay at least 90% of what you owe, the IRS will charge you a 25% 'Failure to Pay' penalty. If you didn't file one or more tax years, the IRS will

A lien is a legal claim against your property. Auto loans and mortgages are both liens, giving a lender a claim on your car or house in return for loaning you money. If you fall behind in your taxes and don't settle the debt, the government--whether local or federal--can place a lien on your propert

E-filing is essentially another mode of filing your income tax return, in addition to the popular mode of printing and submitting your return at the income tax counters. It is a two step process

Housekeeping supervisors schedule and direct the work of cleaning staff in facilities such as hotels, hospitals and office buildings. They assign duties to each staff member and ensure the work is up to quality standards. Housekeeping supervisors also maintain inventories and issue supplies to the c

The federal government has the authority to charge tax on all your income, regardless of where you earn it. A key benefit for Americans who live and work abroad is the significant tax savings of the foreign earned income exclusion. For 2010 the maximum amount is $91,500, but the IRS revisits the ex

The specific reasons that the Internal Revenue Service may select a return for audit are closely guarded secrets. However, casualty losses are one of the areas where a higher percentage of returns are audited than others. While taking a casualty loss will not immediately subject your return to an au

Income tax withholding refers to the process of setting aside money from your paycheck throughout the year to cover the taxes that you owe at the end of the year. Generally, in the pay-as-you-go system tax system used by the Internal Revenue Service, your employer makes several deductions each time

Your W-2 has valuable income tax preparation data, such as your annual wages and taxes withheld. Your employer is supposed to deliver or postmark your W-2 to you by Jan. 31 each year and file it with the appropriate agencies, such as the Social Security Administration and the state taxation agency,

Offshore asset protection is the best option to protect assets as it has got many advantages like straight protection, better privacy, reduction in tax, etc.