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Financial Spread Betting: Enjoy Tax-Free Profits
by Alex Ola. What is spread betting?Simply put, financial spreadbetting is a tax free alternative to conventional trading.Spread-betting is a very easy concept to understand. Indeed, if you already trade anything at all then you should have no trouble understandi...
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Unbiased Shows Record Amount of Unnecessary Tax Being Paid
by Abbi Rouse. Britons are wasting billions of pounds in unnecessary tax payments, a new set of research shows.In the latest TaxAction study carried out by Unbiased it was revealed that over the course of this year a total of 9.3 billion pounds will be frittered aw...
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Hiring a Business Tax Attorney
by Groshan Fabiola. The tax paid by individuals who run businesses and business organizations is known as business tax. There has to be kept in mind that through the intricacies of tax planning and act as advisors and negotiators in case the government contests taxation...
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Tax And Endowment Policies
by Derek Both. Endowment policies are very common nowadays as more people have become aware of them and therefore more people have them. However, there are still aspects of the policies hat confuse people because it can be hard to find the information that you are ...
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Tax Filing Using Tax Software
by IC. Have you ever wondered just how hard is to file a tax return? If you are single or even married and don't have many claims or exceptions to report then you might want to consider filing return yourself; and even if you did have to claim several items...
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Tax Time
by Elena Laramie. a. What you need to know about your credit for tax seasonb. Why you should use your refund to pay down debtc. Tips on how to go about paying off debt (35% of taxpayers surveyed will pay down their debt)Tax time is just about here. For some of us that...
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How Should Your Llc be Taxed?
by Tom Wheelwright. The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:- a sole proprietorship- a partnership- a C corporation- an S corporationDo you know how your LLC is taxed?If...
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Spanish Property - Wealth Tax & Inheritance Tax
by Ray Prince. We have many clients who have either bought in Spain or the Balearics, or are thinking about doing so.In the past few years, there have been some changes in how the Spanish government tax those who are UK based and have a Spanish property, although w...
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Car Donation: Donate a Car and Save on Taxes
by Alex Baumm. Do you have a used car that you do not drive anymore? That old vehicle may be filling up and using up so much space in your garage. No matter how you assess it, you cannot think of any other good use you can have for the old car. Did you know that yo...
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Financial Spread Betting: Or How To Make Money And Pay No Taxes
by Alex Ola. The art of speculating on asset prices has been around for centuries. From the days of the Dutch Tullip to the more recent internet stocks boom and bust, people have been willing and able to place bets on the outcome of financial events and fluctuati...
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Three (3) Secrets to a Successful Tax Return!
by Tom Wheelwright. How do you find a tax preparer that is right for you?First, not all tax preparers are the same. I wrote an article about this last year titled: Tax Returns: Are They All Created Equal?HOW DO YOU FIND A TAX PREPARER THAT IS RIGHT FOR YOU?First, not a...
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Tax Credits For Education Costs
by Kenneth Scott. Tax credits are available for qualified education expenses paid by taxpayers who are continuing their education. A qualified education expense is defined as an expense that is paid during the tax year for fees and tuition requied by an eligible educa...
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Help Your Business with New Tax law
by Tom Wheelwright. Congress recently passed the Economic Stimulus Act of 2008. It's designed to inject $152 billion into the U.S economy. What does this mean to you?If you own a business, your business can take advantage of two tax breaks: Increased Section 179 Amount...
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US Tax Rules, Explore the Two Types of Roth Accounts
by Steven Jackson. The Roth 401(k) plans started in 2006 with the Economic Growth and Tax Relief Reconciliation Act of 2001 There are some simlar features in the Roth IRA and the Roth 401(k) plans, but there are also some differences that we need to look at.The Economi...
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What To Do With Your Tax Rebate
by Court Tuttle. We are all crossing our fingers that the money is on the way. Now, why are we all so excited? For some, it is because they will finally be able to buy that 52" HDTV without having to dip into their savings account.For others, it means their savings a...
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Council Tax Rise Disliked By Minister
by Vas Kara. The council tax, which was introduced in 1993 replacing the community charge, has more than doubled since 1997. This year in April it is due to a further four per cent rise, announced the Local Government Association on Thursday. The rise is likely t...
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Tax Law Changes That Will Impact your 2007 Tax Return
by Tom Wheelwright. Expect some changes when you file your 2007 tax return! Here are a few highlights from the Small Business and Work Opportunity Act of 2007.Do you own real estate?At the very end of 2007, Congress passed a bill with several tax law changes impacting ...
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Top Ten Tax Deductions for Landlords
by Tom Wheelwright. No landlord would pay more than necessary for utilities or other operating expenses for a rental property. But, every year, millions of landlords pay more taxes on their rental income than they have to. Why? Because they fail to take advantage of all...
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Tax Law Changes That Impact Homeowners
by Tom Wheelwright. With foreclosure rates at an all time high, new tax law was passed at the end of 2007 to help homeowners avoid unmanageable income tax debt due to income created from a foreclosure. The new law also covers mortgage renegotiations and other real esta...
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Get your Tax Software Reviews at Best Online Tax Preparation
by Vikram kuamr. Whether you want to sell your home or you want to buy a home, you are subject to tax. This goes the same for individuals who either work for their own selves or for those who work for big companies. When you run a rental property, you are also requir...
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Should I E-file My Tax Return?
by Tom Wheelwright. Over the last few years, there have been several advantages, or even requirements, provided by state governments and the IRS to encourage tax filers to file their returns electronically. Statistics show the percentage of e-filers is on the rise. With...
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The Tax Haven of Seychelles 1
by Ramapati Singhania. Located in the stunning waters of the Indian Ocean, northeast of Madagascar and 1,600 from Kenya,Seychelles is a paradise in many ways. There are 115 small islands that make up Seychelles, and these islands are unknown to many people today.Seychelles...
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9 Tax Moves Before Welcoming in the New Year
by Timothy Rudon. The season of cheer can make a procrastinator out of you as far as taking care of tax planning and finances is concerned. As January 2008 dawns it will be time to take care of IRS files and run helter skelter to complete paperwork and investments. So...
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Tax Services For Individuals
by James Brown. The tax services that individual taxpayers need could be very complex at times because in addition to filing tax paperwork for income reporting purposes, the individual might have investments that need to be managed throughout the year. Low-income in...
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Are Tax Havens For You Also?
by Ramapati Singhania. When you think of a tax haven what springs to mind?Men smoking cigars on a gorgeous tropical island while sexy women wait on them with cocktails. Suitcases filled with large amounts of laundered money. Plush hotels with large swimming pools. Glamorou...
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