June 2007
Study Shows "New Direction" Could Lead To Higher Taxes
Tip! Decide what you are up to doing. Can you go out and work with a company (like an H&R Block) to help complete your taxes.
The Democratic Party’s "New Direction for America" could mean more economic solidity, but might also resu...
May 2007
Paying Taxes With EFT
Tip! Do file your taxes before April 15. Extensions give IRS more time to review your return since it is not filed during the season rush.
Electronic fund transfers are a modern method to transfer money between concerned parties. This secure system wo...
Limited Liability Companies and Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
Over the last 30 years, limited liability companies have become a very popular choice as a business entity among smal...
How Long Does the IRS Have to Collect Taxes From You?
Tip! Do file your taxes before April 15. Extensions give IRS more time to review your return since it is not filed during the season rush.
The statute of limitations on the collection of a tax liability is 10 years. (Internal Revenue Code 6502.) Afte...
April 2007
Tax Tips for the One Man (Woman) Business
Tip! These helpful tax tips are just a few of the many tax tips that can help tax preparation flow more smoothly. The above mentioned tax tips will also help to reduce the amount of money that an individual owes on federal or state taxes or even potent...
1
(5 marks)