26 May 2007
Resolving Your Back Taxes Without Talking to the IRS
Tip! Generally, the four types of taxes include service fees and charges; franchise tax or surcharges; sales use or special taxes; and federal excise tax.
Dealing with the IRS when you owe back taxes is a fairly scary thing. The IRS realizes you do not...
24 May 2007
Keep Taxes Low and Continue Economic Vitality
Tip! Employ family members. Paying a salary to members of your family is one way to reduce taxes.
Businesses are efficient because that efficiency means more profit. More profit in a business means that there is more money to invest in the company and...
20 May 2007
Property Taxes Increase With Home Prices
Tip! Without putting too much pressure on yourself, make dates or appointments to work on your taxes. A day for compiling information.
With the increasing value of your home comes the increasing bill from your property taxes.
Property tax collections h...
15 May 2007
Who Hates Taxes?
Tip! Some categories of users are exempt from some taxes.
I would love to pay a lot of taxes, A LOT! Crazy you say, well the reality is unless I am going to dodge the law and take my chances I am going to have to pay taxes. I know so many people worrie...
14 May 2007
Real Estate Investment Tip - Getting Far Lower Property Taxes!
Tip! Make sure you pay in enough taxes to avoid penalties. Uncle Sam charges interest and penalties if you don’t pay in at least 90% of your current year taxes or 100% of last year’s tax liability.
When buying real estate for investment ma...
11 May 2007
Estate Planning - Estate Taxes
Tip! Employ family members. Paying a salary to members of your family is one way to reduce taxes.
Estate tax, or the death tax as it is sometimes referred to, is an issue often bandied about at election time. If the innuendoes of the sound bites are t...
14 April 2007
NJ State Budget and Bureaucrats; Raise Taxes Again?
Tip! Employment Taxes: Home-based workers who employ others must comply with many additional tax requirements. IRS Circular E, Employer’s Tax Guide, covers the federal regulations, and your state tax agency can inform you of state requirements fo...
01 April 2007
Corporations Failing To Claim AMT Exemption Overpay Taxes By $11,000
Tip! Invest in your children’s names. Your kids can each earn up to $700 in investment income without paying any taxes if they are over fourteen.
2565
Does your incorporated business pay alternative minimum tax [”AMT]? If so, there is a ...
1
(8 marks)