June 2007
Practical Tips for Filing Taxes Online
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.
Tax season can be a very stressful time for many peop...
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...
10 Do's and Do Not's for Filing and Lowering Your Taxes
How To Legally Avoid Taxes. New Product. Great niche market.
1. Do keep good records of your expenditures.
2. Do keep your receipts, even if its in a shoe box. Its better to have the backup in case IRS ask questions.
3. If you are in business and ...
Finding Real Relief From High 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.
It is the bane of citizens everywhere: high taxes that can crimp your lifestyle, even affect the way that you do...
May 2007
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...
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...
Abolishing Car Taxes
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.
The car tax is the last vestige of an abusive and long ago discarded tax system. It’s the o...
IRS Makes Life Easier For People That Can't Pay Their Taxes
How To Legally Avoid Taxes. New Product. Great niche market.
Most people go into panic mode when they realize they don’t have enough money to pay the taxes they owe. The IRS offers fairly painless solutions and is making them easier to access.
C...
Selling Your Business - Deal Structure and Taxes
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...
April 2007
Making More Money from Capital Gain Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
As we may know, keeping a diversified portfolio can be beneficial to the overall health of our financial stability an...
Debt Settlement -- What About The Income Taxes?
How To Legally Avoid Taxes. New Product. Great niche market.
If debt seems to be on your mind quite often in recent months, there’s a high probability that you’ve looked into your options and found that debt settlement is growing in popula...
Divorce and Uncle Sam: Top 10 Things You Should Know When Filing Your Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
1. What is my filing status? (Married, Single, Head of Household)
Marital standing at year end determines your filin...
3 Tips For Getting The Most Out Of Tax Deductions
Tip! Other than following the above mentioned tax tips for small businesses; you also need to maintain an order in your business. Maintaining your accounts and other documentation, keeping a track of the filings by your employees, and accessing your ...
Take Control of 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.
As everyone in the U.S. knows, we have just passed one of our most “favorite” times of the year: in...
March 2007
Tazewell tax bills to be late again
Today’s News
The following information is today’s news:
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Peoria Journal Star - The Board of Review expects to finish hearings by May 25, after which the county sends the information to the state, the county clerk sets the tax rate and tr...
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