Tax Relief – Changes in How Dividends Are Taxed
One of the ways in which the “Jobs and Growth Tax Relief Reconciliation Act of 2003″ affects us is in the way in which dividends are taxed. People in the US, who have invested money and receive...
View ArticleTax Relief – Innocent Spouse Rule
It makes the most sense for many married couples to file joint tax returns when filing federal income tax returns. This can result in some tax relief and, more often than not, a lower tax bill. This...
View ArticleTax Relief – Professional Tax Experts Make Tax Season Easier
Whether you’re knee-deep in a huge and scary tax debt or you’ve just had enough after all the stress from the previous tax season, you must not be looking forward to working on your taxes by yourself...
View ArticleTax Relief – Tax Free Incomes
Sara was overjoyed to receive her first salary cheque, it was one of the best feelings she had had for a long time. But then she didn’t know that she will have to pay tax on almost everything. Be it...
View ArticleTax Relief – Lowering Your Tax Liability
- The quickest way to double your money is to fold it in half and put it back in your pocket. Tax credits reduce your liability dollar-for-dollar. In terms of tax relief, credits are better than...
View ArticleTax Relief – IRS Tax Levy
As with all problems, ignoring Internal Revenue Service tax problems will not make them go away! There is no tax relief for ignoring tax issues and this kind of attitude can lead to some very serious...
View ArticleTax Relief – Avoiding An IRS Audit
“You can find a silver lining in anything. For instance, the good thing about being poor is that you’ll never be audited.” Chances are, if you make less than $100,000, an audit is not on the horizon....
View ArticleTax Relief – Penalties and Fees
- You can’t take it with you, and with high taxes, lawyer’s fees and funeral expenses you can’t leave it behind either. Reasonable Cause If you’ve ever received a tax bill from the IRS, you may have...
View ArticleTax Relief – Withholding
The US tax system is actually a pay-as-you-go system; taxes are withheld on your income. Many individuals look as taxes as something that happens in April, they don’t afford any Tax relief and we think...
View ArticleTax Relief – Getting It the Innocent Way
Most married taxpayers opt to file joint tax returns to enjoy some benefits. However, they should be warned that this is not as easy as they think it might be, especially when taxes are filed with...
View ArticleTax Relief – What Is The Head Of Our Nation Saying
The quote: “These are the basic ideas that guide my tax policy: lower income taxes for all, with the greatest help for those most in need. Everyone who pays income taxes benefits – while the highest...
View ArticleIRS Tax Help – Do You Qualify For Penalty Abatement?
Tragic Tale… Robert has an unpaid tax bill of $40,000 with an additional $10,000 in penalties. With such a large payment looming, Bob feels smothered. Up until just recently, Bob and his wife were...
View ArticleTax Relief – When the IRS Comes to Call
Just mentioning the IRS can cause taxpayers to look over their shoulders. Tax returns, various filings, extensions and notices are just a few headaches that cause stress and anxiety in the average...
View ArticleTax Relief – Selling Your Home
It is actually possible for the US taxpayer to obtain tax relief on the sale of their home, if you receive a gain on the sale of your main home. There is a way to exclude part or even the entire gain...
View ArticleTax Relief – Foreclosures and Short Sales
If the bank forecloses on your mortgage, you owe the IRS the amount foreclosed. The IRS somehow looks at the loss of debt as income and therefore taxable. For example, if you have a house worth...
View ArticleTax Relief – Strategies
A long time back, watching a Bill Gates interview changed my point of view on accumulating wealth. When asked what the key was to his financial success, he responded, ‘A working knowledge of the tax...
View ArticleTax Relief – What It Is
However you may look at it, taxes paid are monies removed from your disposable income; so, any lessening of taxes is a positive development. Tax relief is a reduction, deferment or elimination of taxes...
View ArticleTax Relief – Expenses on Vacation Homes
All children just love the two words Summer Vacation, it can be anywhere and they would enjoy doing just anything. It is a great time to have a vacation and families can together enjoy resorts, water...
View ArticleTax Relief – Can You Get Relief From Property Taxes?
It is not very difficult to get relief from property taxes. Property tax is simply a tax placed on property, to be paid for by the property’s owner. It is an ad valorem tax, meaning the tax is based on...
View ArticleTax Relief – The Freelance Strategy
- I went to a bookstore and asked the saleswoman, “Where’s the self-help section?” She answered, “If I tell you, it will defeat the purpose.” Life can be full of nasty surprises for those individuals...
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