There are a lot of reasons why people may want to invest in the stock market. Here are some of the top reasons why people think that playing the stock market is a great investment strategy: Reasons why people may want to invest in the stock market are not only limited to the ones I … Read More “Top reasons to invest in the stock market” »
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If you have been feeling harassed by phone calls and letters from the IRS, tax lawyer CT services can be the best way to handle the situation. Just because you are getting contacted by the IRS, it does not always mean that you are at fault. It is somewhat common for miscommunications to occur with … Read More “Finding Legal Representation From Tax Lawyers Connecticut” »
If you have been feeling harassed by phone calls and letters from the IRS, tax lawyer CT services can be the best way to handle the situation. Although you may be contacted by the IRS, it does not indicate that you are automatically at fault. It is somewhat common for miscommunications to occur with the … Read More “Exploring Professional Tax Lawyers Connecticut Services” »
Will, a self-employed plumber from Dallas didn’t file his tax returns. Last May, he lost his records in a flood, and had not found time to fret about it because his sub-contracting work was finally picking up. Luckily, the IRS had not seemed to notice, which allowed Will to ignore the his unfiled taxes completely. … Read More “How to file Back Taxes” »
On February 22, President Obama signed the Middle Class Tax Relief and Job Creation Act of 2012. The new law extends the employee-side payroll tax holiday, giving wage earners and self-employed individuals 12 months of reduced payroll taxes in 2012. 2011 payroll tax holiday Until 2011, the Old-Age, Survivors and Disability Insurance (OASDI) tax rate … Read More “Payroll tax holiday extended for all of 2012” »
Saving vehicles for children such as the Junior ISA or Child Trust Fund (CTF), are frequently reported as being tax free but it is not always made completely clear which types of tax these vehicles are exempt from and how those taxes would otherwise work. This two-part article looks at the three areas of tax … Read More “UK Taxes and Child Savings – Income Tax” »
Notification of an IRS Tax Examination An individual will be contacted by mail or telephone as an official notification that a tax audit has been levied against their person or corporation. Integrated within this contact might be a list of the information required to reverse the tax audit and clear the individual or business from … Read More “IRS Audit Notifications” »
A couple of years ago, Will from Iowa lost his business records tax records during a tornado and has not filed them since. His carpentry business had finally gotten busy, and he just had not found the time to worry about it since. Thankfully, the IRS had not appeared to notice, which pushed the unfiled … Read More “Ask the experts on how to file your back taxes” »
There are so many types of tax problems that Canadians experience that find them in situations where they are going to have to initiate a conversation with the Canada Revenue Agency. These types of problems can include: • Past due tax returns • Notional assessments – this is where a taxpayer is past due filing … Read More “How to Negotiate With the Canada Revenue Agency and Making Financial Disclosure” »
IRS BEST KEPT SECRET- THE $25,000 WRITE-OFF Apartment investments still provides the opportunity to easily qualify as an active participant. In doing so, qualified investors can deduct up to$25,000 per year against salaries and other nonpassive income. You’ll notice that I said “qualified investors.” That’s because there are five basic conditions that must be met … Read More “IRS Best Kept Secret- The $25,000 Write-Off” »