Tag "IRS"
5 Things To Look For in a Legitimate IRS Letter
It’s natural to feel uneasy when an IRS letter lands in your mailbox. Whether it’s a routine notice or a deeper inquiry, you need to take the time to determine if an IRS letter is legitimate.
6 Things to Know About IRS Revenue Officers
The Internal Revenue Service or the IRS has revenue officers for gathering the tax or revenue and duties as a representative of the government.
Five Helpful Things to Know about Your Debts as You Start Your Taxes this Year
Debts and taxes have a great deal to do with each other. Properly managed and maintained, debts can actually be an asset when it comes to paying your taxes this year.
Tips on Transferring Funds From a Retirement Account to an IRA
You have just left your most recent job and have started work elsewhere. Those years spent with your previous employer were highly beneficial, enabling you to rise through the ranks and enjoy a greater salary as you moved up.
Roth IRA: Retirement Planning Essentials
Considering your retirement needs, are you well situated for your golden years? A lot of us are not, quite frankly.
4 Key Steps for Launching a Small Business
Millions of new businesses are started each year from work-at-home freelance and daycare operations to financially-backed commercial enterprises.
Tax Time: Under the Deadline
Your taxes are done and filed, right? Oh, if only that were true!
Business Travel Expenses and Tax Deductions
Small business operators have a number of tax deductions available to them including deductions for business trips. About such deductions the IRS states, “Travel expenses are the ordinary and necessary expenses of traveling away from home for your business, profession, or job.”
5 Year End Tax Tips for Smart Taxpayers
Your mind is on Christmas and that is perfect place of reflection at this time of the year. But you must be careful not to forget that New Year’s Day will loom soon after and the tax implications associated with it.
4 Tax Preparer Tips and Warnings
If your tax preparer makes a mistake on your return he’ll have your back covered, right? Well, he may represent you when audited by the IRS, but if you are fined for his mistake, then that cost is shouldered by you and you alone.
How to Claim the Business Use of Your Personal Car
Your boss has you using your personal vehicle to meet with clients, an occasional requirement that has you wondering how you will recoup your costs. If you are fortunate, your company pays your expenses, but if you work for a small company, you may have to eat those costs yourself.
Business Documents Particular to Small Businesses
You have a small business and are already familiar with the mounds of paperwork that you must contend with on a regular basis. If you are lucky, much of these documents can be electronically transmitted and saved, making paperwork management easier to handle.
Consumer Credit Repair Done Right
There are two ways to repair your damaged credit. One way involves employing suspect methods where you attempt to convince creditors that you deserve a better rating, while the other way involves a concerted and long-term initiative to enhance your credit standing.
Tax Deadlines: Are You Meeting Them?
By early February, you should be well on your way to having your federal and state income tax forms organized and ready for your tax accountant. If you re particularly brave, and especially if you possess a solid tax software program, then you will handle the work yourself.
12 Ways to Cut Your Taxes
Tweet Fortunately, there are numerous ways that you can ease your tax obligation — we will take a look at 12 of them here. 1. Deductions or itemizing — You
