Low Taxes Mean a Stronger Economy »
There is a killer on the loose that can steal, kill, and destroy the economy: high taxes. In areas of the world where taxes are very high, economies are generally very weak.
Home Based Business Tax Deduction Options »
If you operate your own business, particularly you run a business from your home, you probably already know that you have a large amount of deductions at your disposal. Are you familiar with all of them? If not, let’s take a look at some key deductions you don’t want to miss.
Finding Real Relief From High Taxes »
It is the bane of citizens everywhere: high taxes that can crimp your lifestyle, even affect the way that you do business. In many areas, citizens are revolting against ever increasing taxes by insisting that lawmakers hold the line on spending.
Service Tax on Goods Transport Services »
Service tax on services rendered by goods trans-port agencies has created an uproar in trade and industry, consignors, consignees and service providers. The agitation has let to Government's setting up two Committees, one after the other for reconsideration but as it stands today, service tax is applicable w.e.f. 1st January 2005. Ravi Holani provides a comprehensive coverage of taxability of goods transport services including credit provisions.
Tax Savings Prove To Be A Valuable Asset To Home Business Owners »
More of it to spend with family, enjoying the simple things in life or just the convenience of going to the grocery store according to your own schedule are just a few of the ways that owning a home business can provide the ultimate freedom of time.
Year-end Health Savings Account Tax Strategies »
2007 is just around the corner, and there are several issues to consider if you currently have a Health Savings Account (HSA), or are planning on getting one in the near future. 100% of the deposit you place in your HSA is deductible on your federal income taxes. All but four states also make HSA contributions tax-deductible on state income taxes. If you are looking to reduce your 2006 tax burden and put away more money for retirement, your HSA is the first place you should put your money if you have not yet maximized your contribution.
The Truth About Exemptions on Interstate Use of Aircraft, Vehicles and Vessels »
The reduction of California sales tax on airplane purchase, or aircraft sales, boats and ships is the specialty of Aero & Marine Tax Pros. The laws and regulations of the State Board of Equalization concerning airplane purchase and the payment of sales tax are complex. Experienced CPAs and tax attorneys turn to Aero & Marine Tax Pros for guidance. Our advice has saved our clients millions of dollars of unnecessary California sales tax.
A Closer Look At The Roth 401k »
Roth 401k is a good retirement savings option. Although it does not provide an up-front tax-deduction, the account eventually becomes tax-free, because the withdrawals taken at retirement are not subject to income tax.
Making More Money on Your Money »
Low interest rates at the bank have you annoyed? Well, they should. Receiving less than 3 percent interest on your money is not only unnecessary but it is also keeping you from staying ahead of inflation. Your local bank isn’t the only option for building wealth nor should you have to settle for below market interest rates. Read on and we’ll examine some high yielding, low risk investment strategies for you.
Tax Attorney Help »
Concerns and questions about ways to get some tax relief start filling your thoughts as you mentally wade through the expenses of the year drawing to its close.
Tax Return Outsourcing Will Give You Peace of Mind! »
Tax return outsourcing is the best way out for accountants and accounting firms to meet all their tax calculation works. Many outsourcing firms work towards giving accounting firms with this work and it all depends on finding out the best outsourcing firm to do the work for you.
Changing Jobs? What about that 401(k)? »
So you’ve accepted a lucrative position at another company within your industry. Perhaps you’re in the middle of a career change. Your 401(k) is probably your most important investment in regards to retirement savings. Don’t let it get lost in the shuffle when a change in your professional life comes along.
10 Things Every Taxpayer Needs to Know About the Pension Law »
The new pension law provides a surplus of tax breaks likely to affect taxpayers and retirees and includes provisions regulating charitable giving and tax deduction procedures. A list of important provisions is provided in the following article.
IRS Fast Track Settlement Program For Businesses »
The tax code is insanely complex. If you are a business having a dispute with the IRS, the fast track settlement program may present you with an option for resolving it quickly.
IRS Sets Telephone Tax Refund Amounts »
In a recent decision, a federal court overturned a telephone tax that has been charged for years. Given the result, the IRS has decided to issue refunds for past collected taxes.