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Where To Find Help With Federal Income Tax Returns
by Craig Thornburrow.Filing federal income tax returns is a concern for many individuals.? Some are worried about getting their tax return in on time whereas others are concerned about filing it correctly.? For the latter group of individuals, there are ways to find help...
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IRS Tax Info 2008
by Clyde Hart.Internal Revenue Service or IRS is a government agency that administers the laws of internal revenue, computation and payment of tax interest. IRS reorganized its structure to meet the changing demands in 1998. As per the new structure of IRS, there ...
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Small Business Taxes: Advertising Expenses
by Chad Bordeaux.There are typically three types of expenses that are considered advertising for tax purposes: ordinary advertising expenses, public relations expenses, and promotional activities.Ordinary advertising expenses include a wide range of items including, ...
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13 Tips to Finding the Right Tax Preparer for Your Team
by Tmwheelwright.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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A Key Real Estate Tax Advantage Thats Generally Overlooked
by Tmwheelwright.One of the biggest tax advantages of owning a rental property is the depreciation you can take on the amount you paid for the property. Of course, the IRS understands that land does not wear out. So, only the portion of the purchase price related t...
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More Tax Deduction Means Tax Reduction
by Patrick Oconnor.More tax deductions means tax reductionImportant Commentary for Owners of Real EstateBy Patrick O’Connor, MAIMost commercial real estate owners are paying excess federal income taxes because they are not depreciating their property as quickly as th...
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How to Minimize the Property Tax Assessments
by Patrick Oconnor.You can minimize your property taxes with simple steps: File a protest by May 31st for market value and unequal appraisal Obtain the Harris County Appraisal District evidence?two weeks before the hearing. This information is sometimes referred to as ...
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Tax Deductions
by Patrick Oconnor.Tax deductions are not the top priority for most individual real estate investors. They often work out of their home with no employees, other than those on-site at the property. Challenges (aside from tax deductions) include selecting what property t...
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Registration And Accounting For Value Added Tax
by Terry Cartwright.Vat registration and the threshold plus accounting for value added tax and submitting the quarterly vat tax return online is essential knowledge.When a business registers for vat it becomes responsible for charging vat at the correct percentage on ev...
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Business Tax Deduction Tips
by Patrick Oconnor.A $100,000 tax deduction reduces federal income tax by $35,000 ($100,000 X 35%) assuming a 35% income rate. Options for increasing business tax deductions include revising depreciation schedules, reviewing fixed asset listings, casualty losses, bad d...
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Love to Pay Taxes? Do NotRead It.
by Pavel Tishchevskiy.Canada, like the US, has two tax systems - one for employees, and another one – for business owners. This is not what the CRA will tell you but the fact remains - employees are very limited in what they can write-off while businesses are entitled t...
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Tax Savings for Canadians - Seven Tips for Individuals
by Lorne S. Marr.A lot of my clients asks me about what forms of tax savingscan life insurance policies provide. What I keep telling them thatwhile life insurance is a major tool for these purposes, there areother ways in which a Canadian individual can save and opti...
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Pay As You Earn Wages And Salaries Tax Scheme Explained
by Terry Cartwright.The PAYE system is a payroll administration system where employers deduct income tax and national insurance contributions from employees. Paye was introduced by the UK in 1944 as a tax system by the inland revenue which employers administer to deduct...
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Tax Returns - Should you E-File?
by Tmwheelwright.Over the last few years, there have been several incentives, or even requirements, provided by the IRS and state governments to encourage tax filers to file their returns electronically. Statistics show the percentage of e-filers is on the rise. Wit...
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Should You File Your Income Tax Online
by Craig Thornburrow.You've heard that old joke about "death and taxes" being the only two things that we can't avoid in life; and though this may be true, at least we can make one of these things a lot less stressful by preparing our income tax online.Some people absolu...
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Filing Your Federal Income Tax Online
by Craig Thornburrow.It's nearly that time again, when many of us will be filing our federal income tax and hoping for a sizable refund.? While filing your federal income tax forms can be a nail-biting experience, receiving a nice tax refund, deposited directly to your b...
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Federal Tax Lien: What You Should Know Before Its Too Late
by Matt D Murren.If you are facing a Federal tax lien, or have received notice from the IRS it is not too late to take action. A Federal tax lien is a way that the Internal Revenue Service (IRS) uses to collect past due tax debts. A tax lien basically limits the righ...
Similar Editorials : Federal Income Tax Deduction

The Benefits Of Estate Planning Tax Advice
by Dean Forster.Benjamin Franklin once wrote, "In this world nothing can be said to be certain, except death and taxes." That statement couldn't be truer. In this day and age, we could not move without paying for taxes in one form or other. You may feel that tax dut...
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Find Out Why You Should Use Tax Accounting Software
by Kelly Hunter.You can’t afford to let your numbers slip in the accounting game. Your business could flounder because of unpaid bills, as could your credit rating. The tax authorities need to clearly see the difference between income and expenditure. And so do yo...
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What a Tax Attorney Can Do For You
by Gavin Sanderson.An IRS audit is not a pleasant thing to go through becauseit is cumbersome, time consuming, and in many cases, quite expensive. It is agood thing to hire a tax attorney if you are being audited. Another thing to dois to collect all relevant paper wor...
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Los Angeles Tax Law Explained
by Gavin Sanderson.The tax laws differ from state to state. The Los Angeles tax laws areparticularly complicated and are enough to baffle anyone. The tax laws are alsoimportant because they affect the lives of millions living in the city. Thus,the tax attorney is a ver...
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Tips On Finding The Best Tax Attorney
by Dean Forster.Getting the best tax attorney is very important when you want someone to take care of your finances. In order to do that you need to know how to choose the best tax attorney. Doing some research will surely help you to know what aspects to look for w...
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Living Trust Taxation Tips
by Dean Forster.Consumers all around the world all struggle with the issues of income and taxes. There are some countries where the tax rates are astronomical and people seek relief in any form possible. Due to those seeking tax relief, there have been rumors of usi...
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Best Tax Law Books For Effective Study
by Dean Forster.Tax law books comprise only a small portion of the material necessary to educate the individual in tax law. We will discuss what is available for the embryonic tax attorney currently in the form of text books and other periodicals. Remember, like man...
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Tax Preparation Services: How Do You Get It For Free?
by Dean Forster.The computer and the internet have made the annual preparation of income taxes both state and federal so much easier, including the advent of tax preparation services. I can remember working up to the last minute, reading every possible allowable ded...
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