Finding a Reliable Tax Preparer All Tax Preparers Are Not the SameAs tax season quickly approaches it's about time to start looking for tax preparation in Columbia and the surrounding areas. A common misconception in seeking Columbia Maryland tax services is that all tax preparers are CPAs. Though CPAs (especially a CPA in Columbia Maryland) are the most recognized with regards to tax preparation, it's not actually necessary to be a CPA to...more
Payroll Tax Penalties, When the IRS Sends a Letter At least that is what the letter from the IRS says. First thing, don't panic. Quoting Daniel J. Pilla's study for the Cato Institute "About 40 percent of the revenues the IRS collects through penalty assessments are abated when citizens challenge the penalties."So we now know the odds are good that the IRS is wrong or will blink first. What do we do?The normal problems with payroll taxes...more
Spendaholics: Why the Tax Cut Compromise Was Necessary The Triad of RedistributionIn 2009, the 111th United States Congress passed H.R. 1105, otherwise known as the Omnibus Appropriations Act, 2009, and it was considered a massive expansion of government spending at a time when the deficits were mounting rapidly. At $410 billion, it contained $8 billion in pork.It was one year ago, December of 2009. It was also long before the government heard the loud shouts of "STOP!" from the electorate in the form of voting this past November. No matter, the lame-duck session of Congress - a collection of soon-to-be-unemployed politicians - have decided to have one last laugh on the American people.Not only did the mobility-impaired water fowl ignore the people this year, they have upped the ante, significantly. This December - today, in fact - the Congressional leadership dumped upon its membership a nearly 2,000-page bill calling for a new omnibus spending package of $1.1 trillion. Yes, trillion, with a "T". At 1,924 pages, the spending proposal amounts to nearly $572 million per page. While that may stun some people, there is more. Much more.The Republican side of the aisle,...more
Tax Relief Capital Gains Tax Taper Relief If your losses total more than $3000 in one year, the remaining amount can be added to the next year's income tax return, but limited again to only $3000.Isas are tax free so you should maximise them and if you have a pension and are a higher rate tax payer, consider making a contribution now as...more
Notice of Tax Lien: A Desperate S.O.S. Signal for Rescue Most failed businesses, up to 60%, say that all or most of their failure was due to cash flow.Most small businesses can be taken back to profitability. It is all so simple that it pains to hear that small businesses with great potential go down when they could easily be saved.Cash flow...more
Preparing Tax Accurately Is Important If you are earning and if you need to pay the tax, you might know how difficult the task of tax preparation is. But recently, there are several ways by which this process is created simpler. You can do this by setting up specific software in your computer or even do it on the web which is quite low cost and also quite simple.When one says tax preparation, they generally mean preparing income tax returns. It is usually performed by the tax payer himself or they hire people to do it for them. It can also be carried out by a legally acknowledged person, company or attorney. In most of the countries, tax calculation is a hectic task and therefore it is quite natural for folks to talk to help.In United States of America, in the Internal Revenue Service, they have this Free File service that lets you put together tax freely for people whose cash flow is much less than $58000 in the year 2010. They provide free internet forms of tax preparation and queries to your tax connected doubts on the web. Recently, they have been encouraging tax preparation on the internet.Now, the tax preparers will need not even be qualified adequate to do this job....more
All About Taxes and E-file Protection Individual taxpayer's can do taxes online directly from home using efile tax software. Online tax filing is one of the fastest and most affordable ways to file federal income tax. To e-file your taxes...more
Watch San Francisco 49ers vs San Diego Chargers live Stream NFL Week-15 on 16 December 2010 San Francisco 49ers vs San Diego Chargers live Stream NFL week-15 match online at 16 December, Thursday 08:20 PM(ET). San Francisco 49ers vs San Diego...more
Chris Devonshire-Ellis on Double Tax Treaties in China China has signed double tax agreements (DTAs) with many countries in treaties to limit taxation (tax treaties). Such treaties typically cover income taxes, value added taxes, withholding...more
Creating Wealth - Gain The Tax Advantages Of The Rich How can you get the tax breaks for creating wealth and other advantages of large companies and true investors? Basically, creating wealth is about being less selfish or greedy and instead...more
Why Would You Hire Experts For Tax Preparation? One of the dreaded times of the year is when you have to make arrangements for paying taxes. Whether you have a small business or a large one, you are not spared from it. But, you need not worry...more
Connecticut State Tax Rate 2010 – Connecticut Tax Brackets 2010 Connecticut State Tax Rate 2010 Structure OnlineIf your income range is between $0 and $10,000, your tax rate on every dollar of income earned is 3%.If your income range is...more