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Taxes : Business & Finance

Options to Repay Federal Payroll Taxes for Sole Proprietorships

As a sole proprietor, your business activity is not separate from your personal activity. This means that you are individually responsible for 100 percent of your business payroll tax. For the purposes of your payroll tax repayment, you must apply for individual taxpayer programs because you report ...More...

Reasons To Opt For Payroll Services

Payroll being an important function for any organization requires specialization and a clear understanding of applicable laws in processing the payroll of employees....More...

US Tax Rules For A Sideline Business

This article addresses some of the tax implications of a sideline business. It speaks of office in home expenses and how to handle them for a sideline business. Learn some general tax rules from a professional....More...

1040 Tax Form Instructions

It's tax time and you have decided to tackle filling out a 1040 by yourself. Each year, something changes about the way taxes are calculated. Credits expire and Congress can pass new credits or deductions. This strategy guide will help to prepare you to fill out a 1040, but it is in no way a substit...More...

How to Obtain Copies of Individual Tax Returns From the IRS

The IRS keeps individual income tax return forms for seven years after they're filed. You can request a copy of your tax returns anytime. The copy will include any attachments, such as W-2s, and any amendments you made to the return after filing. The IRS charges a fee for copies. If you used a ta...More...

Get Better Self-assessment By Hiring Professional Accountancy Firm

The proper tax planning and management of big accounts provide a best output to business firms with the help of accounting services. Contractor accountants will assure to give best services to their clients in terms of wealth maximization and implementation of company goals....More...

Do I Have to Pay Taxes on My Savings Account?

A savings account is one of the best places to keep your spare cash. A savings account provides absolute safety and protection from loss, while at the same time allowing you to access your money whenever you need it. You should keep in mind, however, that the interest you earn on that savings accoun...More...

How to Avoid Income Tax Deduction Problems

You want to maximize the itemized deductions on Schedule A of your federal tax return but you do not want problems with the IRS. There are several categories of deductions available to you, including medical expenses, real estate taxes, charitable contributions, and unreimbursed job expenses, to nam...More...

IRS Taxes on Bonuses

The United States federal government levies income tax on all individuals working in the United States as well as some U.S. citizens living abroad. The Internal Revenue Service carries out this taxation on various types of income that employees receive, including normal salaries and wages as well as...More...

Get Rid of Levies and Remove Liens With a Tax Debt Liability Plan

If you do not have a thorough Tax Liability Schedule, it may be difficult to Remove Levies or Eliminate Liens when you are in debt to the IRS. A solid Tax Debt Program drawn up by a tax professional, a resolution corporation, or yourself with some substantial tax analysis, can Remove Liens and Remov...More...

Entrepreneur's Relief - Capital Gains Tax (CGT)

Before the rate of Capital Gains Tax (CGT) was raised from 5% or 10% to 18% or 28%, small businesses were promised some sort of concession would be announced. We were expecting a form of retirement relief to be announced, but a brand new"Entrepreneur's Relief" was introduced instead....More...

State Refund Calculator

Rama Tax Services offers are Professional Certified Public Accountant (CPA) and provide Free Tax Return Calculator. In This Article we are going to discuss about Different Tax Credits especially State...More...

Tax Attorneys - Some Simple Things To Know

A Tax Attorney has specialization in tax codes. Normally a person starts looking for an attorney when they land in trouble with the IRS. It could be an audit you are called to attend at the IRS or the arrears of taxes which you let accumulate over the years, or tax evasion issues etc......More...

What City in Florida Has the Lowest Taxes?

According to the Tax Foundation, Florida residents paid lower taxes in 2009 than the national average. Additionally, certain Florida cities offer vacationers the most attractive travel tax rates in the United States. While Florida does not levy a personal income tax, both state and local governments...More...

Tax Deductions for Rental Property & Homeowners Association Fees

Owning rental property is a type of business venture. Landlords depend on tax deductions on the rental property to help reduce their tax liability and to maximize profits. The best way to keep tax liability to a minimum is to understand what deductions are available, both as a business owner and as ...More...

How to Claim Hobby Expenses on Your Taxes

The U.S. Internal Revenue Code typically confines taxpayer deductions to expenditures in connection with a business or investment activity. Expenses related to income generating activities undertaken more for recreation or personal satisfaction than to make a profit, otherwise known as hobby expense...More...