June 2007
Take Expenses Now To Limit Your 2006 Business Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
As we roll towards the end of 2006, you are probably thinking about the holidays and gifts you need to buy. Well, it ...
May 2007
Zoning, Laws, and Taxes Affecting Your Home-Based Business
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...
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...
Congressional Democrats and Republicans Talk Taxes
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.
The Democrats are pointing at the Republicans, and they are pointing back. Both sides of Congress t...
Doing Business in Kenya: Questions on Residence, Security, Labour, Taxes, Registration, Land etc
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
1: What are the procedures of establishing a business in Kenya ?
Registration of a company in Kenya with the Registr...
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...
Child Custody Agreement and Taxes
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.
A child custody agreement can have serious implications on your tax filing and your taxes overall. ...
Steel Industry Import Taxes
Tip! Employ family members. Paying a salary to members of your family is one way to reduce taxes.
When we raised the steel import tax a few years ago it hurt many manufacturing sectors who used steel in their production. It also hurt smaller companies,...
Understanding the Taxes Imposed on Your Telecom Bills
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.
Taxes and tax-like charges can add as muc...
Filing Payroll Taxes
How To Reduce Your Property Taxes! The complete property tax reduction resource center.
An organization has a large number of employees who receive a salary for the work they do. Some employees may be paid a stable salary while others are paid on the b...
Don't Just Worry About Federal Estate Taxes
How To Reduce Your Property Taxes! The complete property tax reduction resource center.
Many states have their own estate tax laws that you need to worry about. With the current law phasing out the estate tax over the next few years, the state’s ...
April 2007
Taxes for Day Traders and Investors
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.
Whether you are an active day trader or just put money into the market for long term gains, taxes are something ...
Local Property Taxes In New Jersey - A Primer
Tip! Employ family members. Paying a salary to members of your family is one way to reduce taxes.
LESSON ONE
First Remember that:
THE LOCAL PROPERTY TAX in New Jersey is in fact a LOCAL TAX.
This means that the tax is assessed and collected at the loc...
What Happens When You Procrastinate in Paying Your 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.
A chain of actions are set into motion wh...
Connect These Dots: Unilateral Withdrawal, Egypt, Collapse of the South Wall, Raised Taxes and the..
Tip! Donate your old clothes and furniture to your favorite charity. Cleaning out the attic, the closets, that spare room, and the garage is not only purifying but will help to decrease your taxes.
There is a prophetic mosaic that few have attempted t...
Identity Theft - Impacting Your Taxes?
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.
If your identity is stolen, your finances can quickly become a nightmare. A less obvious problem is the effect i...
Smoking, Death and Taxes - a Homage to Benjamin Franklin
How To Legally Avoid Taxes. New Product. Great niche market.
As Benjamin Franklin put it in a letter to Jean-Baptiste Leroy, in 1789, “In this world nothing can be said to be certain, except death and taxes.” And when it comes to smoking, ...
Organizing Your 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.
Does this scene sound familiar? It’s April 7. You haven’t seen the top of your dining room table in two wee...
Tax Tips for Small Businesses
Tip! One of the most important tax tips that a taxpayer needs to keep in mind is that the Internal Revenue Service (IRS) and many state governments change or update their tax laws each year. For this is reason taxpayers are encouraged to check out the ...
Are You Overpaying Taxes If You Use Tax Preparation Software?
How To Legally Avoid Taxes. New Product. Great niche market.
For many business owners the answer to this quandary is tax preparation software. Fill out a fairly simple interview, click “print” and out comes a completed return that will pas...
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