Category Archives: Taxes

Paying taxes on time is a major obstacles face by companies at the end of the year. Processing of taxable income manually and submitting the tax statement through post requires more time. Every company remains busy in processing taxes to show to internal revenue service. Taxpayers will face maximum problem if it involves in number of businesses during the year. This is why companies are hiri......
Recently I discovered a way to deduct my familys vacation from my small business taxes. I started a home based travel business. This provides me with many tax deductions. As a tax accountant this immediately got my attention. 1. Videos And Pictures. While on vacation my family will make videos and take pictures of the places we visit. I will be able to hire my wife and children to perform s......
As an American citizen living overseas, you should be aware that the US government requires you to pay taxes. You’ll find that it is a process that’s rather easy if you do not know how. Filing is definitely a much better choice to avoid IRS issues. Most people think that by working overseas, they are spared from filing and paying their taxes. However, this is false. No matter whe......
The simple answer to this question – do home business owners have to pay taxes – is an unequivocal YES. But rather than curse Uncle Sam, consider all the surprise deductions you’re now eligible to receive as a home business owner, many of which you probably didn’t know about! The most common tax deductions a home business owner will face come from the computers, peri......
No one wants to pay more taxes than they are lawfully required to. But sometimes in their quest for lower taxes, many people will fall prey to many scams that promise a lower tax bill. In the end, these scams are always more trouble than they are worth.My name is Drew Miles, and I am known as the Tax Savings Attorney. My goal is to help as many people lower their taxes to the absolute legal ......
Nowadays, every department in the governmental or private sector boast a digital nervous system as Bill Gates put it in his best seller Business at the Speed of Thought through which it interfaces with the public, listen to the grievances and carries out or facilitates various services. Our current topic of discussion, is electronic tax filing, it makes use of the digital nervous system of......
As a business owner, you probably have felt the stress that is associated with making sure that your small business is operating in the black while at the same time, maintaining the proper perspective on taxes. Taxes are something that all of us need to put up with on an annual basis, but there are some things that can be done to help to ease the burden while still allowing you to sleep at n......
Due to plummeting home values and infrequent tax assessments, many home owners across the nation are finding themselves frustrated and annoyed by their property tax bills this year. Though the nation is suffering from a recession, many home owners’ property tax appeals are way up this year; in fact, appeals have been skyrocketing in recent years, since the beginning of the recession. In some......
Misrepresentations to Small Home-Based Businesses That Are Causing Millions to Overpay Their Taxes! Untruth #1: Tax professionals are trained to know everything about taxes so I don’t need to know about them. Truth: It is impossible for anyone to know ALL the tax rules. Updates to CPA’s/Accountants and Tax Preparers usually only include laws that pertain to PERSONAL income taxes.......
This article addresses some of the key issues regarding second mortgage and taxes. A careful reading of this material could make a big difference in how you think about second mortgage and taxes. For the average consumer who has managed to acquire credit card debt, automobile loans, and various other small debts, is the second mortgage loan an answer for the consolidation of debt and a tax ......