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Taxes

IRS to Renew Random Audit Program

IRS to Renew Random Audit Program

Starting in October, 2007, the Internal Revenue Service will soon be conducting a Random Audit Program. This type of Random Audit was done in the past, sometimes with unpleasant results…

How to Reduce Income Taxes

How to Reduce Income Taxes

We’re all looking for ways to lower our tax bills. Following are some very simple ideas on how to reduce income taxes this year, and for many years…

Filling The Self Assessment Tax Return Detailed Profit And Loss Account

Filling The Self Assessment Tax Return Detailed Profit And Loss Account

Businesses whose turnover has exceeded 15,000 pounds are required to show greater analysis of the income and expenditure. From a practical point of view even those businesses who expect…

Get Fast Tax Refund in 24 Hours.

Get Fast Tax Refund in 24 Hours.

Each year, a number of U.S. taxpayers around the country get tax refunds even if they build on zero income tax. This is due to deducting calculations and the…

3% Itemized Deduction Phaseout Rule

3% Itemized Deduction Phaseout Rule

Taxpayers with adjusted gross income above a certain amount may lose part of their deduction for personal exemptions and itemized deductions. The provision began in the early 1990’s…

How To Make Money with Tax Liens From Foreclosures

How To Make Money with Tax Liens From Foreclosures

Tax Lien Certificates are one of the safest forms of investment around and yet some people have no idea how they work. Well, not anymore. You are going to learn…

Tax Benefits of Incorporation

Tax Benefits of Incorporation

Is it less taxing to incorporate? Some companies may seem to escape death, but they will ever be able to escape taxes. That doesn’t mean there aren&#8217…

Self Assessment Tax Return Form And Capital Tax Allowances

Self Assessment Tax Return Form And Capital Tax Allowances

While a potential difficult area for the non accountant capital allowances reduce the net tax payable. The difficulty in this section of the tax return form is that it is…

The Basics Of Taxes

The Basics Of Taxes

A tax is a financial levy or contributions imposed by the government on an individual or a legal entity. These taxes helps the government to pay for certain services such…

HELP – I Want My 401(k) Retirement Money Back!

HELP – I Want My 401(k) Retirement Money Back!

Here’s the Internal Revenue Service’s definition of a 401(k): “a tax-qualified deferred compensation plan in which an employee can elect to have the…