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Taxes : Business & Finance
Property Condition Assessment Checklist
A property condition assessment checklist give buyers guidelines for evaluating property.commercial construction image by Lee O'Dell from Fotolia.comThe Property Condition Assessment checklist outlines the procedures for a professional evaluation of the physical condition of commercial...
Community Property Laws in California for a 10-Year Marriage
Each state's family laws establish the property rights between divorcing spouses. In California, the legislature requires courts to follow the California Family Code when dividing property between divorcing spouses. California law gives courts the discretion to award spousal support for married spou
Rental Properties And Tax Return Preparation: What You Need To Know
For many people, owning and renting property is the best of both worlds. You're able to increase your net worth, increasing the value of what you own while having the mortgage completely covered by the ...
Simple Guidelines For a Hassle-Free Donation
Donating a car to charity is one of your best options when you wish to help a charitable organization that is dedicated to providing the needs of the less fortunate. It is a noble gesture ...
Standard Mileage Reimbursement for Business Use of an Employee's Car
Some employees use their personal vehicles as part of their job duties. The IRS considers such use a business expense and sets a standard rate each year. This is commonly called the standard mileage reimbursement rate, although, technically, it is the amount per mile that is tax deductible. Employer
Can Lottery Winnings Be Garnished to Pay Judgments?
When you owe money to a creditor, one of the strategies that it could use to collect is a wage garnishment. This involves taking money straight out of your paycheck before you ever see it. This process can be used not only with your wages but also with other income, including lottery winnings.
Year-End Tax Planning for Businesses
There are a number of end of year tax strategies businesses can use to reduce their tax burden for 2011. Here's the lowdown on some of the best options. Purchase New Business Equipment Section 179 ...
EIC Guidelines
You can qualify for an earned income tax credit each tax year, based on the amount of money you make at work or through self-employment. Distributions can be made in advance of the tax year or after the tax year, as a tax refund. Read the IRS publication and complete the worksheet to determine if yo
Tax Preparation - Americansmbservices
American SMB Services is a professional services firm based out of Plano, TX. Primarily specializing in providing value add service in Accounting, Analytics, Payroll and Taxation [AAPT] to small and medium business and hence the ...
Commonwealth of VA Tax Preparer Requirements
A tax preparer at workA businessman calculating expenses at tax time image by Christopher Meder from Fotolia.comThe Virginia Department of Taxation is the Commonwealth's agency that regulates income tax preparers. The agency defines a tax preparer as a person who completes tax returns or...
Free Income Taxes – You Can File Free Income Tax Online
Tax preparation has become now easier and faster these days due to online tax preparation software. And therefore, you need not dread the April 15 deadline this time because of free online income tax
How to Get Paid to Take Survey Information
You can get paid to take survey information. Often, companies will ask for your opinion on a particular issue to obtain some true market research. Unfortunately, many people try to con you into paying money to become a survey taker or gain access to some sort of survey database. To be safe, never pa
How to Get a Free Tax ID in Arizona
If you are starting a business in Arizona, you must register to pay taxes in the state through the Arizona Department of Revenue. While some states require you to have a unique state tax ID number, Arizona is not one of those states. In fact, the department has all businesses use the federal tax ID
File 2008 Income Taxes - You Still Have a Chance!
We've passed the deadline to file 2008 income taxes, but it's still possible to get them filed! You may have to do a little extra work, but tax preparation sites can handle the hard part, at a great price.
IRS Tax Debt and Marriage – For Better or Worse
Some of you know me in May, some of you do not. I am of the IRS-Hitman. Once I was an agent of income for the IRS, but now I've left behind me, all my knowledge and offer help with tax proble
What Happens With an IRS Tax Lien?
When a taxpayer fails to pay his federal taxes, the amount due constitutes a lien in favor of the United States upon all the property the taxpayer owns. The IRS files a lien in a county court and the taxpayer has certain rights for a hearing if he disputes the debt.
1040 Schedule B Instructions
Wage earners must file an annual tax return that lists the amounts and sources of income received during the tax year. Typically, taxpayers file Form 1040. Lines 8a and 9a of 1040 require taxpayers to list income they received from interest and dividends. These amounts are typically found on IRS For
How to Calculate Federal & State Taxes
If you live in the United States and make the minimum needed to file taxes, you have to file a tax return. Most states also have an income tax. Before you can calculate your taxes you must determine your filing status based on whether you are married or have dependents. If neither applies, you would
Explanation of IRS Form 1099C
Financial institutions use IRS Form 1099-C to report debts that they have canceled, written off or forgiven. It's the institution's way of documenting for the IRS the financial loss it has suffered from the unpaid debt, which it will claim as a deduction on its own taxes. The IRS also considers forg
Rules for Medical Deductions on Federal Taxes
The Internal Revenue Service allows you to deduct a portion of qualified medical expenses from your income, sheltering it from income tax. The agency attaches several conditions to the use of this deduction, so it would be wise to consult with an experienced tax attorney or tax-preparation professio