My Business Tax Lawyer Saved Me From The IRS This Is How A Business Tax Lawyer must be talented to obliterate one’s tax concerns with one best possible result. That simply doesn’t just mean the least taxes handed over back. A Business Tax Lawyer should additionally be capable of fix what triggered the problem in … Read More “Don’t Get Offended With The IRS Get A Business Tax Lawyer” »
Category: About tax
Trusts come in many different forms and are used for many different purposes. Generally, trusts are either revocable or irrevocable, grantor or non-grantor, inter vivos or testamentary, and simple or complex. Trusts are used to manage assets, distribute income, provide for college educations, pay for funerals, pay estate tax liabilities, and qualify for government entitlement … Read More “Trusts and Annuities” »
Principally, a tax levy occurs when the IRS seizes your property as settlement for the debt that you owe. The law states that the IRS is not required to take action in a court in order to be approved for their decision. Likewise, the IRS can take any possessions as settlement for your debt. This … Read More “Understanding The Use Of an IRS Tax Garnishment” »
If you have failed to declare income to the Canada Revenue Agency this is very serious and should be dealt with immediately. The consequences of failing to declare income to the CRA are very serious and range from financial consequences like penalties and interest all the way up to criminal prosecution in severe circumstances. People … Read More “The Voluntary Disclosure Program and What to Do if You Failed to Declare Income to the Canada Revenue Agency” »
Retirement planning is so important because things change overtime and there is no guarantee what type of government benefits will be available to you once you finally reach the age of retirement. The younger you are the wider that gap and planning for retirement at a younger age is less expensive and gives you more … Read More “New CPP Rules – Do You Really Want Your Future to Depend on the Government?” »
Before filing your taxes you need to get familiar with terms that will help you in getting ready for this Tax season. There are things which you need to understand because when some people think of filing and paying their taxes, they panic. Many have no clue on how to manage their Tax Obligations etc. … Read More “Surviving Tax Time 2012” »
Getting recommendations is always a good way to discover a reputable attorney who will give you quality Tax Resolution Services reviews. Finding good referrals are even more important if you require debt relief for a corporation or company. You might consider asking people you know if they have used any reliable attorneys recently. Word of … Read More “How To Find Tax Resolution Services reviews” »
Service Tax, as the name suggests is a tax leviable on all duties. It is a tax levied on the transactions of the facility specified by the Central Government under the finance Act, 1994. It is an indirect tax (akin to Excise duty or Sales tax), which means the service provider pays the tax and … Read More “Refund of Service Tax – Issues & Challenges” »
Notification of an IRS Audit A person or business will be notified by phone or mail that a tax audit is beginning for endorsement on their behalf. Included in this contact may be a list of the information required to repeal the examination and clear the individual or company from owing additional money, fines or … Read More “Surviving an IRS Audit” »
It’s tough to be a small business owner. Many small business owners really struggle the first few years that they are in business. When trying to build up a business there can be times where the business does well and times when it does not. Where sole proprietors are concerned their business income is almost … Read More “CRA Income Tax Debt and how it Affects Small Business Owners” »