Archive for January, 2009
Tax Reference Sheets
This is the first of a series of 2008 Tax reference sheets that I’ll be sharing with you over the next month or so. This one focuses on some of the major federal income tax key numbers. I’ll do future ones for estate planning, retirement planning and business planning in the not too distant future [...]
The Income Tax System
The federal income tax system was set up to fund our government. None of us enjoys having to pay the government any of our hard earned money, however if we are going to protect our country and pay out all the entitlement programs created by our government then we have to. However have you ever [...]
Advanced Payroll Solution Save Valuable Time and Money
SteveHyans asked: As the link to the article on finding a payroll solution shows, sure you can use you old payroll solution system but why not find a new payroll solution to manage payroll since it will help your bottom line? A new payroll solution program could begin saving quite a bit of time and [...]
File a Tax Extension
If you are feeling the stress of the upcoming April 15 income tax deadline, you have another option – you can file a tax extension and delay your income tax deadline to October 15.
The IRS is willing to grant you the six month income tax extension without you having to come up with an excuse [...]
How To Find a Tax Preparer
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 all tax preparers are the same. I previously [...]
Reducing Your Federal Income Tax
Income taxes are a substantial burden for business owners and real estate investors. There are few actions which can reduce your 2008 taxes after December 31, 2008. This article summarizes four options for reducing your 2008 federal income taxes during 2009. These include reducing revenue, increasing real estate depreciation, increasing expenses by conducting a fixed [...]
Understanding IRAs
An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So let’s take a look at the contribution rules.
One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribution limits, contribution phaseouts, etc. of [...]
The Peril of Income Tax
All wealth redistribution comes in the form of the equivalent of tax and welfare. However, you need to be careful. Incorrect taxation schemes can result in less wealth for you. You see, by reading this website I would suppose that you’re poor or middle class wanting to skyrocket your income, right. Rich means owning a [...]
Income Tax Paper Forms
When the month of April rolls around most of America is preparing their income tax returns. Each year all individuals who made an income are required to report that income to federal and state governments by filing an income tax return.
Taxpayers must file two separate income tax returns. One income tax return goes to the [...]
Canadian Income Tax Information
It’s difficult to provide accurate Canadian income tax information, but we have gone through the rigor of putting together as many Canadian income taxes related information as possible. Even if you are searching for information somehow related to state tax consulting, tax extensions, partnership income tax return or federal income tax forms online this article [...]
