If you feel you are owed a refund, you are probably anxious to file your tax return. Filing a tax return early has many advantages. By filing early, you not only avoid the long lines of fellow procrastinators at the post office on April 15th, you avoid the possibility of a last minute headache from

A garnishment is one of many methods a creditor can use to seek repayment of an outstanding tax liability. Taxpayers may know some of their state's varying laws governing the process of a fed

Connecticut's Department of Revenue Services offers tax relief for people and businesses who haven't filed their tax returns, who haven't paid their back taxes, or who have understated their tax obligations.

A will is a significant component of estate planning that can be useful no matter how large or small your estate. A will allows you to outline your wishes concerning the disposition of your assets and streamline the probate process. In Florida, wills are covered under Chapter 732, Section V of the s

Describes how to file bankruptcy for a business, either Chapter 7 Liquidation or Chapter 11 Reorganization.

The Internal Revenue Service is responsible for collecting federal income taxes in the United States on a variety of income sources from wages and salaries, to royalties, interest and dividends. Income gained from public welfare programs, however, is typically exempt from income taxes and such incom

A boat will not provide a guaranteed tax deduction, but under the right circumstances, it can. Generally, if the boat is part of your business or method of employment then you may be able to deduct expenses associated with the boat. A boat may be considered part of your business expenses, for purpos

The Internal Revenue Service, or IRS, offers several types of credits based on the amount of income you earn. Two types of credits are the Earned Income Credit and the Making Work Pay credit for 2009 and 2010. Both of these credits indicate the money you receive must be from work, not from a federal

Regardless of whether you are running a business or acting as a service provider, it is essential that you understand the definition of a subcontractor according to the Internal Revenue Service (IRS). Just as important are the tax implications of defining yourself or your service provider as a subc

With the time for filing of personal income tax once again approaching, foreigners who prefer to do so can turn to the tax consulting and accounting services available through a law firm in Thailand."

Each year, new tax laws send taxpayers scrambling to professional services for tax preparation assistance. As the software improves and new laws arise each year, consumer confidence grows. With multiple software versions and editions available, and higher prices for additional features, comparing pr

Nonprofit education systems qualify for a tax payer's contribution to be tax-deductible as long as it doesn't surpass 50 percent of his taxable income. Even if the institution is private, it is eligible as long as it's a nonprofit organization.

As the taxation calculations pile up, companies keep looking for ways to obtain tax credit. Two such great tax benefit tools are the research tax credit and the 179D tax deduction for energy efficiency. The first aspect applies to tax benefits to encourage companies to invest in business research an

When someone dies, the bills relating to their property and their existence continue to arrive. The bills may include final medical bills, taxes and expenses. The executor of the estate pays these bills before he distributes the property. One of the tasks of the executor is to protect the property u

Although the best way to avoid problems with the IRS is to pay your tax debt as quickly as possible by either obtaining a loan, liquidating savings accounts, or even borrowing against a 401K or life insurance, for some people is not an option. If you cannot do any of the above, don't panic! It

Buying a house is expensive. Having the cash for the down payment is only part of the cost. There are other charges during the buying and closing process. In order to help a buyer purchase a home, a seller may offer a credit at the time of closing. Also referred to as seller concessions or contribut

A tax file number consists of eight or nine digits and is issued to every taxpayer by the Australian Taxation Office. Tax file numbers are similar to American social security numbers but are not personal ID numbers. Each taxpayer has his own tax file number assigned to them, and it remains the same

On Thursday, March 18, 2010 President Obama signed the Hiring Incentives to Restore Employment Act (H.R. 2847). Included in the bills' provisions is the Foreign Account Tax Compliance Act.

If you keep meticulous records of your business-related expenses such as commuting mileage, you can be ahead of the game when tax time rolls around. A detailed record showing personal and business mileage for your vehicle will allow you to easily and quickly make the most of this deduction.

Filing taxes online has made the annual ordeal of figuring your earnings and income taxes faster, more convenient and virtually error-free. As the federal government transitioned to an electronic filing system, many tax preparers that formerly helped taxpayers file paper returns also made the shift,