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Taxes : Business & Finance

Tax Relief - Get Help From Professional Tax Experts

Tax debt can occur for different reasons - some people miscalculate their expenses and how much to put aside for taxes, some people make errors on their tax returns and pay less than what they really owe, and some people forget to file their return at all. Whatever the case, the best way to deal wit

Capital Gains Tax on Levied Property

One of the most key things that have to be done is to hide true accounts of the business. The people who do nine to five jobs are the ones that tax is usually collected from; Things such as these have left certain governments in a sticky situation. Their approach to this problem was by the Federal g

How To Avoid Having Garnished Wages

Because of past due tax debt, many people have had their wages garnished or bank accounts levied. There are many effective actions you can take to avoid having garnished wages. Delaying action or igno

How to File State Sales Taxes

Each state's laws are different regarding sales taxes. Differences range from percentage of sales tax charged to which industries are exempt from sales taxes. In a number of states, there are no sales taxes charged on services. It's important to check with your state's department of revenue to find

FICA Taxes for the Self-Employed

FICA stands for Federal Insurance Contributions Act. FICA taxes apply to income earned as an employee, and the FICA taxes are split between the employer and employee. If you are self-employed, instead of paying FICA taxes, you have to pay self-employment taxes.

Delinquent Property Tax Laws in Mississippi

Property tax is sometimes referred as an "ad valorem" tax. In Mississippi, property includes land, homes and automobiles. Mississippi charges annual taxes on both real estate and motor vehicles annually. These taxes help support the local government and school districts. Allowing real estate taxes t

How Many Years of College Does It Take to Become a Pediatrician?

There are some things you have to be born with to be a pediatrician: compassion, desire to work with children and a gentle touch. Having a good heart doesn't mean you can just jump into an office and start diagnosing ill children. You have to go through years of college, medical school and internshi

Tips for Taxpayers Who Owe Money to the IRS

Although the majority of Americans receive a tax refund from the IRS every year, there are still many taxpayers who owe money and are unable to pay the amount all at once. For those individuals who struggle to pay their taxes, the IRS has announced a number of methods by which they can pay their bil

Worked in the US? Tax Refunds Explained

Everyone working in the US has a number of taxes deducted from their earnings every time they get paid. While working in America you will have paid up to four different types of tax on your earnings.

What You Should Know About Online Tax Services

Online tax services, such as online tax preparation and electronic filing, aim to make the process of doing your taxes simpler. Online tax services work to speed up the tax process, while at the same time lowering tax expenses. In the majority of states, federal taxes and state taxes can be e-filed

IRA Regulations on Tax Deductions

An IRA is an investment structure recognized by the IRS giving IRA owners special considerations when it comes to taxes. While Roth IRAs do not receive a tax deduction when contributions are made, there are specific regulations regarding traditional IRAs and taking tax deductions on...

10 Changes For 2011 That Benefit Most Taxpayers

From Roth conversions to changes in reporting capital gains and losses, there were a number of tax changes in 2011. Whether you already know about them or simply need a reminder, here's a look at 10 changes in 2011 that might benefit you, the taxpayer, this tax season.

How Much Taxes Will I Pay When Selling My Small Business?

There's no formula for figuring out how much tax you'll pay when you sell your business. The Internal Revenue Service doesn't treat a business sale as a single entity; instead, it's a combination of the sale of all your individual business assets. The taxes you pay will depend on what property your

Oregon W-2 Instructions

No matter which state you reside in, if you are a business owner with employees, you must file W2 forms for each employee. Form W2 is the wage and tax statement that reports the amount of wages, tips and other compensation paid to employees throughout the tax year. Social security and Medicare wages

Leasing Vs Buying a Vehicle - the Main Considerations

A key decision facing a business when deciding to acquire or replace a vehicle is whether to purchase it outright (possibly using some form of finance) or whether to enter into a leasing agreement. There are several different types of leasing agreements available.

Las Vegas Cpa Firm - Audit Accountants

The process of choosing a Las Vega CPA firm. Business audit and finding your passion. Building a relationship with your accountants.

How to Itemize on Form 1040X

Taxpayers who have enough expenses during the tax year to exceed the amount of the standard deduction can reduce their tax liability by itemizing deductions. Itemized deductions are filed by using Schedule A and including the amount on your federal income tax return when you file. If you've already

How Does a Rapid Refund Work?

The Rapid Refund TaxpayerRapid refund is the process the IRS uses to quickly pay tax refunds to tax filers using the easy form. There is no longer any charge for this service, and payment is usually made within two weeks. The rules around rapid refund have been jumbled, changing each year...

Tax Tips for Home Buyers and Sellers in 2005

Primary residence buyers and sellers understand the fundamental tax benefits of owning a home. Many though aren't aware beyond the typical deductions of mortgage interest and real estate taxes what and when other home buying or selling expenses can be deducted. Mark Nash author of "1001 Ti

Does FICA Include Medicare?

The Federal Insurance Contributions Act provides taxation for Social Security and Medicare. The Internal Revenue Service breaks FICA taxes into these two main segments. Social Security divides taxes into retirement and disability income, and Medicare is separate. The IRS collects taxes for Social Se