Learn The Tax Benefits Of A Flexible-Benefits Plan

Flexible-benefits Plan (FBP) is an employee benefits plan which helps the employees’ to save considerable amount of taxes by paying certain expenses from their pre-tax income. Some of the eligible ex...

Don't Forget About These Frequently Overlooked Tax Deductions

When an individual files their tax returns each year they are able to claim a number of tax deductions. Many times a tax deduction can reduce the amount of money that is owed to the Internal Revenue ...

What To Do If You're Being Audited

Audits are regularly issued by the Internal Revenue Service (IRS). There are two main reasons why an individual or business may be audited by the Internal Revenue Service (IRS). Random audits are not...

Sales Tax: What It Is And How It Is Imposed?

A sales tax is a tax that is placed on the purchases of goods or services. The federal government does not have a national sales tax. Qualifying products or services are only taxable by a particular ...

Franchise Owners - April 15 Makes You Think About Your Taxes

If you own a franchise business, then there are a few taxes that you are need to pay to make sure that your business runs smoothly and you ...

What Does Extending Your Taxes Mean to You?

Introduction As the tax filing deadline is quickly approaching, many procrastinators and those who legitimately are just not ready to file their returns become stressed out and frantic, trying to mee...

The IRS Trust Fund Recovery Penalty: What Happens if You Don't Pay Those 941s?

How IRS determines liability when payroll taxes are unpaid and a corporation fails or becomes insolvent. Possible defenses to the assertion of the penalty.

Estate-tax Vote Delayed

The estate-tax vote has been delayed until after the weeklong 4th of July recess.

Filed Your Google Adsense Taxes Yet?

Google adsense just like any other job requires you to pay tax on your earnings. But many people are getting in trouble for not doing so.

1031 Exchange Info Guide 101

A smart tax saving tool that is gaining popularity among the real estate investors by enabling them to defer the entire capital gains tax is 1031 Exchange.

Accounts Receivable Financing for Business Growth and Tax Write Off - What Does It Cost?

Securing the services of an Accounts Receivable Financing Company will allow a small company to bid on almost any contract (government or corporate) within reason. An A/R Transaction provides an automatic Tax Loophole.

IRS Helps Employers By Reducing Filings Required For Employees

If you own a business and have employees, you have an inherent feel for the joy of filing employee related tax documents. Alas, the IRS is cutting back on the burden.

You Are Paying More Income Tax Than You Are Legally Obligated To Pay!

If you are a business owner or highly compensated person, you are paying more income tax than you are legally obligated to pay. By using a tax savings corporation, you could keep thousands of dollars to invest for retirement, pay medical bills, or other business expenses.

Major Changes to IRS Tax Settlement Rules

In recent years, the IRS has made a concerted effort to get people back into good status by reaching deals on overdue taxes. The rules affecting this program have just changed dramatically.

New Procedure for Settling Tax Debts with the IRS

The Tax Increase Prevention and Reconciliation Act of 2005 has ushered in new rules for settling tax debts with the IRS. Here is the scoop on the compromise procedures.