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Taxes : Business & Finance
How to Calculate How Much You'll Pay in Taxes
According to the old adage, there are only two certainties in life: death and taxes. While there is not much you can do about death, taxes can at least be calculated so you know how much you will have to pay. The big challenge is that there are so many different kinds of taxes that must be paid. Sta
End of Year Employee Paychecks - Which Year's Taxes?
End of year paychecks - which year counts for W-2 income purposes? It depends on when the paycheck is issued.
What Is An Energy Star Tax Credit?
Exactly what is Energy Star? It's a joint program between the EPA and DOE that will help all of us save money and protect the environment by using energy efficient products and practicing energy efficiency.
Definition of Gross Salary and Wages
Many people use the terms "salary" and "wages" interchangeably and are not sure of the difference when an employer offers them a salary or wages. Both refer to proper remuneration for your services. However, while a salary is a fixed amount usually defined through an employment contract, wages refe
How to Deposit a Third-Party Check
Third-party checks are checks that are endorsed by the payee and signed over to another payee, which is the third party. Because of the amount of exchanges and the fear of check fraud, third-party checks face more scrutiny by banks than two-party checks. If you're presented with a third-party check,
Accounting Tax Tips
Tax Preparationtax forms image by Chad McDermott from Fotolia.comKeeping a good accounting system is paramount--especially when tax season rolls around. The IRS can perform an audit, or an inspection of your or your businesses' books and records to ensure that the tax information you...
India Is The Leading Country For Offshore Outsourcing
India has been the preferred outsourcing destination for most IT companies in UK and USA, mostly because of its affordable labour, English speaking workforce and stable infrastructure. You can outsource your US tax preparation work to www.work2india.com
An Offer In Compromise - It Could Be Your Answer
We have all heard the claims of being able to settle tax debts for "pennies on the dollar".It sounds great, but does it really work?It can be a real lifesaver for those who qualify but it is not for everyone.
How to Deduct Medical Expenses for Drug Treatment
The IRS allows individuals to deduct the cost of certain drug treatments as an itemized deduction on Schedule A of their personal income tax return. Only drugs requiring a prescription from a doctor are allowed to be deducted, with the exception of insulin. Regardless of whether or not you have a pr
Las Vegas Cpa - Business Services
The importance of finding your fit with a Las Vegas CPA. What are value-added accounting services? Business consulting for succession planning.
Is a State Refund Taxable?
Receiving a tax refund can be a relief to taxpayers. But before you spend any refund you get from your state treasury for your state tax bill, find out whether the Internal Revenue Service (IRS) will want you to pay tax on it.
Kentucky Child Tax Credit Qualifications
Expenses for babysitting services qualify for the child tax care credit.Stanislav Solntsev/Photodisc/Getty ImagesQualification to claim the Kentucky Child and Dependent Care Credit on state income tax requires meeting federal requirements. When filing Kentucky state income tax forms, the...
The Average Car Insurance for a 19-Year-Old Male
When it comes to auto insurance, 19-year old males are likely to incur premiums twice as high as average rates for older adults. Costs are highest for males between the ages of 18 and 25 due to higher incidents of aggressive driving. A 19-year old male should expect to pay much more for a policy tha
Online Tax Filing: Benefits to E-Filing Your Income Taxes
Tax season is rapidly approaching. You can almost hear the rustling receipts as people struggle to get together all their expenditures and prepare to file. Some will use a preparer, some will try and do ...
Estate Tax - The Tax Implications of the Passing of George Steinbrenner
The New York Yankees are the iconic team of Major League Baseball and a world wide brand. Part and parcel to their fame the last 30 years has been their caustic, fired up owner George ...
Missed Tax Credits & Deductions
Each year, many taxpayers file their taxes, later learning that they were eligible for additional tax credits or deductions. If you miss the credits and deductions available to you, it can mean an overpayment of federal taxes that you can only recover by filing a tax amendment.
Estate Tax History
The federal government has been imposing taxes in some form or another since the 18th century. The first taxes came from commodities such as tobacco and liquor. More than two centuries later, the federal government imposes a number of taxes on its citizens, including the estate tax.
The Maximum Amount of Social Security Benefits
Social Security pays benefits based on your past income. All three Social Security divisions--retirement, disability and survivors--base the monthly annuity on the amount of money earned over years of work history. Social Security uses complex formulas with calculations over 35 years of work for ret
Option Trade Tax Reporting
Options have a lot of moving parts: strike price, American- or European-style executions, straddles and covered calls -- trading in options may feel like moving to a foreign country. Tax rules are no less complicated. What you report, when and how depends on a number of factors, including your statu
Can Anyone Levy Your IRS Refund?
Between April 1996 and September 2010, the Treasury Department garnished over $56 billion in tax refunds, according to the U.S. Treasury Department Fiscal Year 2010 Report. Most of these refund offsets went to a handful of government agencies. Creditors not qualified to offset your refund can someti