Common Tax Credits You Might Be Eligible to Claim

The trick to minimizing your tax pain is to reduce your gross income as much as possible. Tax credits are one of the more powerful tools for doing this.

Options for Filing and Reporting Small Business Taxes

Helpful tips for how to file your tax returns if you own a small business. This guide will take you through the options you have for filing your taxes.

Budgeting, Forecasting and Tax Planning

Corporate tax is a tax levied by various jurisdictions on the profits made by companies or associations. Tax will vary drastically from one jurisdiction to another. Allowances for capital expenditure as well as the total amount of interest payments that can be deducted from gross profits when working out the tax liability will both vary.

Tax Facts For Freelancers (Pt 1)

In these tough times, it becomes more important than ever for freelancers to familiarize themselves with steps that can keep their taxes to a minimum - and, of course, keep them out of legal trouble.

Income Tax Preparation

Income tax preparation is an important aspect of everybody's life. Each April 15th, United States citizens scramble to get their tax return preparation completed in time for the deadline. In order to make income tax preparation easier, there are many tools available to help make the process smoother. Free income tax preparation and online income tax preparation are methods that are readily available to help make tax season a bit easier.

When To Get Help From a Tax Attorney

Not every one will need the use of a tax attorney but their usefulness cannot be underestimated when you do need to hire one. First understand that there is a big difference between a tax attorney and a person who prepares taxes, such as a CPA or bookkeeper. If you hire an attorney, anything you say to them is completely confidential. Unlike a CPA or bookkeeper that can be called to testify against you in court should you ever be audited and brought to trial. There are several reasons you may need to hire a tax attorney.

IRS Warns Taxpayers of Fake Sites

Scam artists are really pushing the envelope these days on the web. The IRS is warning taxpayers that fake IRS websites have been set up in an effort to trick people into providing information that can be used for identity theft.

Turbo Tax Online - Free Online Income Tax Filing

Because of a partnership between the Internal Revenue Service (IRS) and 19 Free File partners, including Turbo Tax Online, many taxpayers are now eligible for free online income tax filing. If you qualify, you can use Turbo Tax Online, or any other of the 19 Free File partners, to prepare and file your income tax return online for free. This program is known as the IRS Free File Alliance.

How To Renew Your Claim For The Tax Credits You Deserve

How to renew a claim for a tax credit, proper steps and follow up.

Real Estate Tax Support

Real estate taxes various from each state. Despite this, real estate tax is often based on the outer structure and surrounding features of your home. For instance, if the structure of your home is new, you taxes are based on the equity on this home.

Filing Those 1099 Forms

It’s important for freelance stock photographers to familiarize themselves with the steps they can take to keep their taxes to the legal minimum. Our tax consultant, Julian Block gives expert advice on tax issues like the example below.

Tax Day 2007 - Update From The IRS

On January 24, 2007, the IRS issued a press release. It announced the new filing deadline for 2006 tax returns for most states.

Can't Deduct Your Medical Expenses? Oh Happy Day!

Do you ever quietly wish you could take the medical expense deduction on Schedule A? Be careful what you wish for - being able to take the deduction means only one of two things.

Corporation Tax Benefits

Here is a method business owners are using to gain tax benefits.

How To Save Money On Taxes

Starting a business has many benefits, especially in the tax department.