http://www.articlesphere.com/Category/Taxes/123 Taxes articles from ArticleSphere.com Rss Follow Up Wed, 08 Feb 2012 18:10:08 -0500 A whole lot of the tax steps that often pertain to managing a regular small business also pertain to architecture, development and engineering organizations, but the truth is you'll find a number of tax tricks that are exceptional to these types of individual industries. http://www.articlesphere.com/Article/Tax-Tips-for-Construction--Architecture--and-Engineering-Firms/256482 Mon, 20 Jun 2011 00:00:00 -0400 http://www.articlesphere.com/Article/Tax-Tips-for-Construction--Architecture--and-Engineering-Firms/256482 In our global economy it is becoming more common for people to move once, twice or more during their lifetime. Many of these people have purchased a home for them or their family and are concerned about the taxation implications if they move and then later on decide they want to sell. There are quite a few scenarios to consider when trying to answer this question and we will endeavour to look at each of them and the taxation implications. http://www.articlesphere.com/Article/Renting-the-Family-Home-And-Capital-Gain-Tax/244912 Thu, 17 Mar 2011 00:00:00 -0400 http://www.articlesphere.com/Article/Renting-the-Family-Home-And-Capital-Gain-Tax/244912 The anxiety and panic of that comes from dealing with the Internal Revenue Service is at the top of the list of life's most stressful experiences. Here's some semi-good news, having unpaid back taxes and not being able to pay them, is a very common thing to the IRS. In an average year, about 19 per cent of the people in the United States have unpaid back taxes. Since this is such a common problem, you can be assured there is back tax IRS help out there who understand the stress and uncertainty that everyone feels when they get behind on their taxes. http://www.articlesphere.com/Article/Back-Tax-IRS-Help--The-Essential-Component-Of-Your-Finances/244653 Tue, 15 Mar 2011 00:00:00 -0400 http://www.articlesphere.com/Article/Back-Tax-IRS-Help--The-Essential-Component-Of-Your-Finances/244653 The recession continues to impact more and more people and small businesses every day. The number of taxpayers with back tax issues is increasing as well. The IRS has stated that both business and individual tax filings and payments are down because people are just plain struggling to pay their tax bill and cope with their living expenses. They would also want you to know that the worst thing you can to do is to neglect paying taxes, as they just keep adding up. It is best to seek tax resolution to avoid potential issues like the loss of a home, a car and complete sanity. http://www.articlesphere.com/Article/Resolve-To-Get-Tax-Resolution/243911 Tue, 08 Mar 2011 00:00:00 -0500 http://www.articlesphere.com/Article/Resolve-To-Get-Tax-Resolution/243911 If you know that you really need a professional who knows how to deal with your specific situation and help and advise you on your tax issues, hire one. A lot of people try and get back on track on their own, without even fully understanding their own taxes or the system. This is when hiring a professional would be a smart idea. They are often ex-IRS tax attorneys or other qualified tax professionals who know everything about filing taxes and all of the options for catching up with back owed taxes. They know better than anyone, except the Internal Revenue Service, on how to correctly file with itemized deductions or even include any deductions you might have missed. http://www.articlesphere.com/Article/Tax-Attorney--Friend-of-Filers/243538 Sat, 05 Mar 2011 00:00:00 -0500 http://www.articlesphere.com/Article/Tax-Attorney--Friend-of-Filers/243538 This is a major reason why you will want to start now with planning for next season's corporate taxes, and the person who is best qualified to offer sound advice in this regard is a certified public accountant with a background in corporate tax credits. Working with this professional, who has expertise in this strategic area, can bring your corporate tax bill down dramatically. http://www.articlesphere.com/Article/How-The-Hiring-Tax-Credit-Can-Drastically-Reduce-Your-Corporate-Tax-Liability/242042 Wed, 15 Sep 2010 00:00:00 -0400 http://www.articlesphere.com/Article/How-The-Hiring-Tax-Credit-Can-Drastically-Reduce-Your-Corporate-Tax-Liability/242042 Enterprise zone tax credits have been designed as an incentive for business to locate in these troubled neighborhoods and hire those who might not otherwise have such opportunities. Many states offer similar benefits, and the program is not new; urban enterprise zones are to be found in many cities and rural areas across the U.S. http://www.articlesphere.com/Article/Benefits-of-Long-Beach-Enterprise-Zone-Credits/242033 Wed, 15 Sep 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Benefits-of-Long-Beach-Enterprise-Zone-Credits/242033 If a homebuyer missed the April 30th deadline for the first-time homebuyer tax credit, then there will inevitably be some confusion about Congress's latest attempts to extend the benefits a few months. Headlines in the news, at first blush, can -and often will be, even deliberately so- be misleading. The truth is that if you missed out on your opportunity to take advantage of the $8,000 tax credit, then you are still out of luck. http://www.articlesphere.com/Article/Is-the-Homebuyer-Tax-Credits-Being-Extended-/238569 Sat, 21 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Is-the-Homebuyer-Tax-Credits-Being-Extended-/238569 California-based corporations are on the lookout for ways to save money, and one of the best ways that is often not taken advantage of is to see if your company qualifies for federal hiring credits. These include the newly implemented Hire Act credit. As well, your company may also utilize state enterprise zone credits and the WOTC tax credit. Some of these credits are based upon whom you hire, while others require your corporation to make certain types of business-related purchases. When you add them all up, they can save your California company thousands of dollars off your taxes due. http://www.articlesphere.com/Article/California-Companies-Save-When-They-Utilize-Federal-Hiring-Credits-and-Enterprise-Zone-Credits/238056 Wed, 18 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/California-Companies-Save-When-They-Utilize-Federal-Hiring-Credits-and-Enterprise-Zone-Credits/238056 Although times are tough all around the country, they are particularly stringent in a handful of states, one of which is California. If you own a company in California, you will be pleased to learn that there are California hiring tax credits available that can lead to several thousands of dollars being eliminated from your annual tax bill. Although many companies do not take advantage of them, the California hiring tax credits have the potential to save your company a significant amount of money. http://www.articlesphere.com/Article/California-Hiring-Tax-Credits-And-Your-California-Corporation/238055 Wed, 18 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/California-Hiring-Tax-Credits-And-Your-California-Corporation/238055 There are state tax credits that California companies can take advantage of that will allow them to save money. One of the most popular is WOTC California, or Work Opportunity Tax Credit California. http://www.articlesphere.com/Article/California-Companies-Can-Save-Big-With-WOTC-California/238054 Wed, 18 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/California-Companies-Can-Save-Big-With-WOTC-California/238054 As a taxpayer, you are entitled to know what Collection Appeal Rights you have with the Internal Revenue Service (IRS). There are some procedures with the help of which you can appeal against IRS collections action. The two main procedures you can use to contest collections initiated by the IRS are Collection Due Process (CDP) and Collection Appeals Program (CAP). http://www.articlesphere.com/Article/Collection-Appeal-Rights/238027 Wed, 18 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Collection-Appeal-Rights/238027 Business process outsourcing is the buzzword in the industry today. Financial services, banking, retail, logistics and allied sectors are following the trend of outsourcing. Accounting professionals and experts alike are expecting this trend to accelerate and have pointed out that approx 2 million jobs in the financial services sector will be outsourced to countries like India, Malaysia, Philippines and China. Many major CPA firms have started outsourcing their tax compliance work to Chartered Accountants (CA) in India. http://www.articlesphere.com/Article/How-Midsized-CPA-Firms-can-Outsource-Tax-Preparation-using-Terminal-Servers/236935 Wed, 11 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/How-Midsized-CPA-Firms-can-Outsource-Tax-Preparation-using-Terminal-Servers/236935 During the preparation of tax returns or representation of a client for an Internal Revenue Service (IRS) issue, Enrolled Agents should be aware of the Injured Spouse Allocation. The Injured Spouse Allocation is used to protect one spouse's share of an overpayment (IRS refund) from being applied to a past-due obligation. Enrolled Agents should use this tool before considering an offer in compromise if there is a possibility a client's IRS refund may be offset. http://www.articlesphere.com/Article/Injured-Spouse-Review-For-Enrolled-Agents/236745 Tue, 10 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Injured-Spouse-Review-For-Enrolled-Agents/236745 The IRS plan for return tax preparer registration is scheduled to begin September 2010 and will affect nearly every professional tax preparer in some way. Paid tax preparers must register with the IRS to obtain a Preparer Tax Identification Number, pass an IRS exam and satisfy annual continuing education. http://www.articlesphere.com/Article/IRS-Return-Tax-Preparer-Rules-And-Regulations-To-Begin-September-2010/236744 Tue, 10 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/IRS-Return-Tax-Preparer-Rules-And-Regulations-To-Begin-September-2010/236744 With the bigger bite the Feds want to take out of your income for taxes, don't you think that it's time you start considering sheltering some of your income with rental property? http://www.articlesphere.com/Article/Why-Tax-Shelter-Makes-it-Smart-to-Invest-in-Real-Estate/236255 Sat, 07 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Why-Tax-Shelter-Makes-it-Smart-to-Invest-in-Real-Estate/236255 In July 2010, the office of the Treasury Inspector General for Tax Administration (TIGTA) issued its annual audit report on IRS compliance initiatives. TIGTA's audit report covers trends in Internal Revenue Service (IRS) collection and examination activities through Fiscal Year (FY) 2009. http://www.articlesphere.com/Article/TIGTA-Report-Provides-Proof-Of-Increasing-Need-For-Enrolled-Agents/235924 Thu, 05 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/TIGTA-Report-Provides-Proof-Of-Increasing-Need-For-Enrolled-Agents/235924 When it comes to winning the battle on paying taxes, the typical American worker is losing the battle. Discover how you can fight back and put more of your had earned cash back into your pocket when you own your very own network marketing business. http://www.articlesphere.com/Article/Proven-Tax-Advice---Start-a-MLM-Business-Today/235400 Sun, 01 Aug 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Proven-Tax-Advice---Start-a-MLM-Business-Today/235400 If you own a California company and are looking for ways to keep your company solvent for another business year, why not take advantage of tax credits that many companies simply let pass them by. Certified public accountants can help you ascertain which California tax credit and California tax incentives will most benefit your company and for which your business is eligible. http://www.articlesphere.com/Article/California-Companies-Can-Benefit-From-California-Tax-Credit/233760 Tue, 20 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/California-Companies-Can-Benefit-From-California-Tax-Credit/233760 Not only can a Long Beach CPA firm provide consultation services and long-range planning for California companies, but they can help your company when tax time rolls around. If you start now with a Long Beach CPA who has a clear understanding of Long Beach Enterprise Zone Credits and other types of business credits and incentives, your company will pay much less in taxes next year. http://www.articlesphere.com/Article/How-A-Long-Beach-CPA-Can-Help-Your-Company-Save-Money-On-Taxes/233745 Tue, 20 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/How-A-Long-Beach-CPA-Can-Help-Your-Company-Save-Money-On-Taxes/233745 In today market there are lots of umbrella companies that provide umbrella services. Every umbrella companies are saying that we provide better service as compare to others. But main problem for those companies who are new in this business and want to appoint Umbrella Company for their business is that they are always get confused which one to choose and which one is best for their business and that manage all dealings of their taxes. http://www.articlesphere.com/Article/How-to-Choose-an-Umbrella-Companies-/233705 Tue, 20 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/How-to-Choose-an-Umbrella-Companies-/233705 A specialist financial advisor can help out in all areas of your financial affairs, from investment advice and tax mitigation strategies to retirement and estate planning. Their role is to maximize your tax efficiency, minimise your liability and risk, and manage your wealth. http://www.articlesphere.com/Article/Financial-Planning---Tax-Mitigation-Strategies/233633 Mon, 19 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Financial-Planning---Tax-Mitigation-Strategies/233633 There are many organizations that assist the disadvantaged - those who rely largely on the goodwill of others to help them with their day-to-day needs. They consent to receiving a multitude of contributions, including money, food, and, every so often, a car donation for tax deduction purposes. http://www.articlesphere.com/Article/Car-Donation-Tax-Deduction/232831 Tue, 13 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Car-Donation-Tax-Deduction/232831 We all know that dealing with the IRS can cause stress. This is especially true for matters related to a tax debt and bankruptcy, and why it may be a good idea to seek the counsel of an IRS enrolled agent. When you are faced with a tax debt, there are possibilities of discharging it through a bankruptcy filing. However, not all tax debts can be discharged. http://www.articlesphere.com/Article/Tax-Debts-And-Bankruptcy---Seeking-The-Help-Of-An-IRS-Enrolled-Agent/232724 Mon, 12 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/Tax-Debts-And-Bankruptcy---Seeking-The-Help-Of-An-IRS-Enrolled-Agent/232724 A bank levy by the IRS is imposed on people to recover the total amount due, while adjusting the amount to the tax due. When you fail to pay your taxes even after you have been served a legal notice, your bank will recover the amount from your checking account and send it back to the IRS. In case your account has insufficient funds to cover your debt to the IRS, your bank reserves the right to freeze your account and recover the entire amount. http://www.articlesphere.com/Article/You-Don-t-Need-An-IRS-Job-To-Stop-A-Bank-Levy/231668 Sun, 04 Jul 2010 00:00:00 -0400 http://www.articlesphere.com/Article/You-Don-t-Need-An-IRS-Job-To-Stop-A-Bank-Levy/231668