Taxation (Business Tax Measures) Act

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Taxes : Business & Finance

Home And Residence-related Tax Changes

If you are a first-time homebuyer you may be able to claim a one-time tax credit. For most taxpayers, 2010 is the final year to claim the first-time homebuyer credit.

How to Find Out How Much Back Taxes I Owe

If you believe you owe back taxes to the Internal Revenue Service, you should do your best to find out immediately the amount of tax, penalty and interest owed, then work out some kind of payment plan. It is far better for you to initiate payment, then for the IRS to come to you. Even if it's been a

Rules on Claiming Dependents on Your Taxes

Taxpayers can claim a relative as a "dependent" when the relative depends on the taxpayer for their financial survival. The Internal Revenue Service, or IRS, has several rules on claiming dependents.

How to Print Your Old Turbo Tax Form

TurboTax is an online tax preparation website that allows you to file your taxes right from home. If you didn't print your tax form or if you need a copy of a previous year's tax form, you can get it right on the TurboTax website. Accessing a prior year's tax return is quick to do on TurboTax, and t

Vermont State Tax Information

Vermont is known for its great skiing, rich natural beauty, a long history stretching back to the pre-Revolutionary War period -- and for its high taxes. A recent CNN survey found that Vermont's average tax burden of 14.1 percent of income was the highest in the country, with a per capita tax burden

Can a Personal Auto Loan Be Tax Deductible?

The IRS eliminated the tax deduction provision for interest on most personal loans including auto loans. As with most any change in tax regulations, savvy lenders have figured out a way to get around that restriction, offering a loophole involving your most expensive asset: your home. Borrowing mone

Tax Myths Busted!

One more week until Tax Day... Have you filed yours yet? I haven't (probably should get on that, actually), and when I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there'

Are Cash Gifts to Individuals Tax Deductible?

Giving a financial gift to an individual does not fall under the same tax rules as if you were to give the money to a charity or nonprofit organization. While giving money to an individual can help the other person, it will not help your tax situation since the gift is not tax-deductible.

How Do I Find Out About the Sale of Tax Foreclosed Real Estate in Arkansas?

The Arkansas Code of 1987 outlines the procedures for the sale of tax foreclosed property. The tax collector in each county and the Commissioner of State Lands for Arkansas keep records for all tax foreclosures. It takes several years before tax delinquent property is sold at auction or by private

Things You Dont Want To Miss If Youre An Expatriate Working In Australia

You’re an expat working in Australia. You’re unaware of your tax obligations. But can you ignore them forever? You simply can’t. For a foreign resident, the island nation of Australia presents vibrant opportunities. This explains the continuous influx of foreigners towards safe sho

Reduce Taxes With Retirement Plan Contributions

The good news is that your business (except for the sole proprietorship) gets a tax deduction in 2013 but your business does not have to contribute the retirement plan contribution until 9-15-2014 (wi

Vitality Of Hiring An Accountant And Auditing Services

Do you even have any sort of idea what accounting and auditing services stand for? Since the time is passing, the successful countries have transferred or outsourced their business to the account ting

How to Do Taxes by Hand

Every year American taxpayers have to file their taxes with the Internal Revenue Service (IRS). You can have an accountant prepare your taxes or you can do them yourself, either electronically or by hand.

How to Get IRS Tax Refunds Quickly and Easily?

The best way to get a rapid tax refund is to file taxes online before the deadline. File your taxes early so that you'll have more chances of getting fast tax refund. Your IRS refund will be processed soon if it is accurate and in electronic form.

Tax Deductions for Millionaires

Few tax deductions exist that benefit only millionaires. However, a number of deductions and other aspects of the tax code tend to help the wealthy more than they do lower-income individuals. By taking advantage of available opportunities, millionaires can reduce their taxable income considerably an

How Will Your Foreclosure Or Short Sale Affect Your Taxes?

Well, it's that time of year again.They say that there are only 2 things guaranteed in life; death and taxes.Hopefully death is a long way off, but the tax man comes knocking once a year.So how does your foreclosure or short sale of real estate affect your taxes?

Tax Lien Help

Tax Lien, two words guaranteed to send chills down almost anyone's spine. Yet, what is it really? In its simplest terms- it's a document, issued by a court, saying that someone owing taxes to some municipality (city, county, state etc.) has not paid them.