Euro Tax Haven Threat
Media reporting of an EU tax directive, effective from July 1, suggests the European tax havens of Monaco and Andorra could be under threat. Tribune Properties contend that the real incentive for people moving to Monaco and Andorra remains intact no income tax and no inheritance tax.
|
Save Money on Taxes - Double Your Income Now With Tax Saving Tips on Deductions
Now use your business to generate a second client and a third client. Continue to build your business until the business income matches your salary.
|
To Tax or Not to Tax - This is the Question
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
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...
|
Understanding Basic Tax Terms
If your like many, you don't always understand what people are talking about when it comes to Taxes. It's important to know the main tax terminology, especially when tax season comes around.
|
Access to E-records by Taxing Authorities: A Case for Pakistan (Part II)
In the Pakistan context, if an electronic commerce business is a resident of Pakistan, or if he has established outside of Pakistan tax jurisdiction the he is required to pay or collect taxes, and also the taxpayer must maintain records in Pakistan of the transactions.
|
Anticipating Your IRS Refund Can Cost You Plenty
While accountants are reaching for aspirin, millions of Americans are reaching for some fast cash this tax season. Unfortunately, those who reach for fast cash in the form of a refund anticipation ...
|
Early Distributions From Retirement Plans
An early distribution from an Individual Retirement Arrangement IRA) or a qualified retirement plan need not be a taxing experience. Fortunately, there are exceptions to early distributions.
|
How To Set Up A Tax-Saving Bookkeeping System
One of the most important, but least understood or appreciated
aspects of any business is its bookkeeping or accounting system.
And, because very few people know much about the reasons for a
bookkeeping system, most people are frightened by the thought of
the work involved in setting up such a system, and the drudgery
of daily maintenance.
|
IRS Offer-in-Compromise, Hype or Hope?
Review of current IRS policy on settlement of taxes via the Offer-in-Compromise. Discussion of hype being used to market Offers to taxpayers.
|
Navigating The Internet Sales Tax Laws
Q. I have been contacted by my local city government to say that my business is scheduled to be audited to determine if I owe any sales tax from items purchased on the Internet. Can they really make me pay this tax? I thought you could buy things online tax free? -- Katie R.
|
Need a Copy of Your Tax Return Information?
Taxpayers have two easy and convenient options for getting copies of their federal tax return information tax return transcripts and tax account transcripts by phone or by mail.
|
Taxing Overseas Firms for SOX Compliance
The Sarbanes-Oxley Act, also called the Public Company Accounting Reform and Investor Protection Act of 2002 was signed into law on July 30, 2002 by President Bush. In the aftermath of Enron, Arthur Andersen, Global Crossing, and WorldCom, SOX promises greater corporate accountability and transparency.
|
The Seven Deadly Tax Sins: Commonly Missed Deductions
It's that time again, the April 15 tax deadline is looming large. If youre like most people, you havent gathered all of your tax records, let alone filled your return. Before you dig in and get start...
|
What the Tax Software Companies Don't Want You to Know
There is a little-known way you can use top tax software to prepare and file your taxes electronically without spending a dime.
|
Organizing Your Taxes
Does this scene sound familiar? It's April 7. You haven't seen
the top of your dining room table in two weeks because of the
piles of paid bills, receipts, canceled checks, and unidentified
cash register receipts covering it. Your head pounds and your
stomach churns as the countdown to April 15 begins...Organizing Your Taxes
|
Rearrange Your Affairs For Maximum Tax Savings
One way to maximize your business profits is by reducing your taxes.
Frequently, income and other taxes could be lowered significantly if
only the taxpayer were willing to plan ahead. By taking some simple
steps to rearrange your affairs, you could save a fortune!
|
Rental Property Tax Deductions
Own residential rental properties? This article discusses how income from those properties impacts your taxes.
|
Slash Tax when Buying a Business
When buying a business, how the "purchase price" is made up can affect what you pay in tax. The plan is to make as much of the price tax deductible for you and not the other party...
|
Small Business Tax Deductions for Year End 2004
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...
|
State Tax Information
All states also have their own tax system. Typically there is a tax on real estate, and there may be additional income taxes, sales taxes, and excise taxes.
|
Tax Reduction Tips
In the rush to get tax returns prepared and filed by April
15th, many overpay their taxes. Following are a few tax
reduction tips that could help you save a bundle.
|
Tax Time Tune Up
Whether you are filing by paper from just one W-2 or running multiple enterprises, streamlining now will payoff this year and in future.
Applying these proven Tax Time Tune-Up tips will save you time, frustration and could even save you money. Even if you only reduce your stress level it's worth it! Start today by getting an archive box or file crate to hold all your 2004 tax related files and forms.
|
Tax Trap #4 -- The Quagmire of Depreciation
How to avoid the quagmire of tax rules known as depreciation
|
The Implications of Income Tax Charge on Estate Planning
Overview of how the new income tax charge will impact on gifts with reservations of benefit.
|
