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E-commerce Taxation (21 Mar 2006) The means and types of businesses have transformed with advent of era of e-commerce, resulting in global seller and buyer. The Internet offers consumer choice, business efficiency and recreation.
To Tax or Not to Tax - This is the Question (21 Mar 2006) To tax or not to tax - this question could have never been asked twenty years ago. Historically, income tax is a novel invention. Still, it became so widespread and so socially accepted that no one...
Uncle Sam is Ready...Are You? Organizing Tips for Tax Time (21 Mar 2006) Anyone who is closely related to an accountant knows that there are not four, but five seasons in a year: Spring, Summer, Fall, Winter, and 'Tax Season.' During the other seasons, we accumulate leave...
Small Business Tax Deductions for Year End 2004 (21 Mar 2006) As a small business owner, it's wise to familiarize yourself with some key deductions that may reduce your tax bill for 2004. Employee Benefit Plans - You may deduct contributions to employee benefi...
Car Donation: An Easy Way to Support Your Favorite Charity and Get a Tax Deduction (21 Mar 2006) Most people look forward to getting their tax return, but one of the downsides to filing taxes is that you may find yourself owing the taxman come April 15. What do you do when you realize that you not only owe money, but you owe more than you can pay at the time? One option that may be available to you is donating an old car to charity. This not only helps a charity, but you can claim a charitable deduction on your income taxes.
IRS Offer-in-Compromise, Hype or Hope? (21 Mar 2006) Review of current IRS policy on settlement of taxes via the Offer-in-Compromise. Discussion of hype being used to market Offers to taxpayers.
Home Business Tax Tips (21 Mar 2006) If you have recently started an Internet or home business, your probably a little intimidated by having to submit a tax return and the possibilities of being audited. Simply follow these guidelines...
How to Maximize Your Home Business Tax Deductions for 2005 (21 Mar 2006) Someone once said, 'the best way to calculate your taxes is…Honestly'. For 2005, add 'Smartly' to that and you'll get to keep more than you make. This April 15th is going to be the day of reckoning for every taxpayer. If you are smart enough with your accounting and keep your eyes and ears open, this could be your favorite day of the year...
Business Tax Loophole: Leasing Assets To Your Corporation (21 Mar 2006) While there are many equally valid reasons to incorporate, saving money on taxes is a consideration that can yield relatively immediate results. Leasing assets to your corporation is a tax strategy ...
How To Get An Instant Pay Raise (21 Mar 2006) Adjusting your witholding so you don't get big refunds..which can be damaging to your financial future.
