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Filing your Own Taxes, Preparations and Considerations Part One
Yes, finally! That time of the year is finally here when you can save a little bit of your wages and tuck the rest in a piggy bank. You can raise your glass and jump on your kids’ cheap bunk beds in glee, It’s Tax Season! But have you ever considered filed your own?... »
Filing your Own Taxes, Preparations and Considerations Part Two
***This is a follow up to Filing your Taxes, Preparations and Considerations Part One. Yes, finally! That time of the year is finally here when you can save a little bit of your wages and tuck the rest in a piggy bank. You can raise your glass and jump on your kids’ cheap bunk beds... »
Can’t Pay Your Back Taxes? Get Tax Help to Make the IRS an Offer They Can’t Refuse
The best negotiation advice ever: Every one walks away a little “hurt.” When fighting the IRS over your back taxes, you may feel manacled by the threat of tax liens, wage garnishments and jail time. But don’t worry, a Certified Tax Resolution Specialist knows all sorts of expert strategies to give you the tax... »
How Members of Military Should Plan Their Taxes
Members of the United States military have many events happen in their lives that can affect their personal tax situations. Here is some advice for a few situations you might come across as a taxpayer in the military service. If you are on active duty and have to move because of a permanent change of... »
Am I Expected To Pay Taxes On My Google Adsense Earnings?
The fast and easy answer to this question is, yes. As an American citizen, you are expected to pay taxes on all of your earnings, worldwide. Because these earnings are attached to a blog or website that you run on the Internet, it does not exempt them from being part of your taxable income. Contrary... »
Planning Taxes By The Season
Unfortunately, planning for taxes needs to be an almost constant consideration. There are certain tax plans you can make as they apply to the season of the year. Planning your taxes in this manner can make the task less like a chore and not leave you in a rush to do everything at the... »
Use the Appraisal District’s Information to Reduce Your Property Taxes
Homeowners are amazed to learn they can obtain a copy of the appraisal district’s evidence at a nominal cost. This is referred to as a House Bill 201 package, and is the only information many homeowners use to successfully reduce their property taxes. Obtaining a House Bill 201 package when appealing your property taxes can... »
Deduct the Cost of Your Work Clothes and Uniforms from Your Income Taxes
The cost of your work clothes and uniforms may be deducted from your annual income tax bill. Not being a tax expert or an accountant I cannot say for sure that you can take this deduction. It is always best to check with your tax preparer concerning your state tax laws and rules. However,... »
Use 1031 Exchange Rules to Avoid Taxes
Also called a Starker Exchange Trust, a 1031 exchange is generally used by someone who wants to sell an investment property that they own, yet do not want to pay any taxes. A 1031 will allow the seller of the investment property to defer the taxes as long as they purchase another property which... »
Home Business Tax Deductions – A Part Of Home Based Business
Nowadays, a lot of individuals have turned into running their own home business. We have seen such a large spike in people running their own home-based business mainly because a lot of people don’t want to have the same old 9 to 5 jobs anymore, others are looking for multiple-streams of income and for... »
File Your Taxes Now
