Finally, the average taxpayer has plenty of reasons and some great options to avoid headaches and the expense of hiring or paying an accountant to prepare their income tax returns.And after reading this article you'll wonder why you hadn't thrown away that old pencil and calculator some ti

For 2011 Federal Tax Return for unemployed, there are a lot tax rebates that are available to lower tax liability. These benefits can help in reducing the tax liability significantly and as well as can help in increasing tax refund. This article includes 3 of the important benefits available, so as

To tax or not to tax - this question could have never been asked twenty years ago. Historically, income tax is a novel invention. Still, it became so widespread and so socially accepted that no one...

Taxpayers who need to make corrections on a previous year's federal income tax return may resubmit their information using IRS Form 1040X "Amended U.S. Individual Income Tax Return." The Internal Revenue Service requires that taxpayers submit a Form 1040X within three years after submitting the orig

The term "less and except" clarifies a legal description when contained in a legal instrument, such as a warranty deed. It typically follows the legal description in the document before identifying a specific portion of the real property to exclude from the deed's force. The warranty deed does not c

In 2009, the United States Department of Agriculture estimated that it costs almost $300,000 to raise a child from birth to age 18. Though children are expensive adventures, there are some instances where children can actually save you money. Your federal income taxes is one of those savings situati

Sales taxes are levied by federal, state and local governments and collected by businesses at the point of sale.tax form image by yang xiaofeng from Fotolia.comSales taxes are assessed as a percentage of a product's sale price. Sales taxes do not apply to labor charges such as the hourly...

Child support is not a tax-deductible expense, and is not considered taxable income for the recipient.

In trying to comply with tax laws for your e-business, you may find yourself falling down the rabbit-hole, going through the looking glass, and attending a Mad Tea-Party.Common sense, logic, and fairness never did apply fully to the field of taxation but this is especially true of e-commerce transac

Federal income tax forms are hard to fill out. Luckily, there are free options for low to moderate income families.tax forms image by Chad McDermott from Fotolia.comWhen you do not make much money, every penny from your tax refund check is important. You need it to buy food, clothing, and...

Since 1922, tax law and tax rates have treated the profit associated with the sale of a business asset, including rental property, more favorably than ordinary income. Rules in effect since 2008 result in the taxation of rental property profits at no more than 15 percent if the property has been ow

The Tax Relief And Health Care Act of 2006, Public Law No: 109-432, was federal legislation to extend and modify tax breaks, extend energy tax credits and improve health savings accounts. It also was the legislation that opened oil drilling in the Gulf of Mexico. President George W. Bush signed it o

If you're using a margin account to leverage your trades and provide flexibility for quick turnarounds, you're paying interest for that privilege. This interest is part of the cost of the investment, and as such it can be deducted from your taxable income at the end of the year. Margin interest fall

The IRS allows you to deduct travel-related expenses from your taxable income if the primary purpose of your trip is to look for a new job. You may also deduct moving expenses if the primary reason to move is to accept employment. Restrictions apply on your ability to deduct these expenses.

7 dangers in using free contract or agreement forms. Attorneys discuss issues including using the wrong form, ignoring arbitration, limiting rights.

When you are fortunate enough to get a refund from the Internal Revenue Service (IRS), waiting for the money can seem unbearable. The IRS recommends utilizing e-filing services, such as its Free File program or any other e-file authorized provider service and choosing the direct deposit option to ge

Your wages and other sources of income are subject to federal income tax regardless of where you live. In addition to federal taxes, many states assess an income tax. You typically have to pay state taxes based upon where you live but in other instances you pay the tax based upon where you work. You

In Florida, if a borrower is foreclosed on or offers a deed in lieu of foreclosure, lenders may obtain a judgment deficiency. That means the borrower is legally liable for the difference between the debt and the value of the property being abandoned or foreclosed. States where this is not true are c

If you fall behind in your mortgage, you may receive a foreclosure summons from your lender, which informs you that your lender has filed a lawsuit to take your house. If you ignore the summons, you have no opportunity to defend yourself in court, and the lender may win by default.

Learn why the selection of a business name is so important. We'll discuss the processes of selecting a business name, registering a business name, trademarking a business name, changing a business name.