Filing Your First Federal Tax Return: Ten Things to Know
Filing a tax return for the first time may seem daunting. You’re right! However, after you’ve filed returns for about 20 years or so, it will be a...
Impact of State Estate Taxes
Understanding taxes is a leap forward to staying away from bankruptcy. In bankruptcy, not all taxes are discharged so a person should think twice ab...
What Will Happen if I Don't File Tax Returns?
When you fail to file a return, the IRS can file a “substitute for return” for you. This means the IRS can use the income information they h...
Small Business Jobs and Credit Act of 2010 (H.R. 5297)
Homeowners and renters, starting in 2011 must begin tracking any handyman or supplier doing at least $600 worth of work. These persons must now ...
Levy Tax
A tax levy is a legal seizure of property to satisfy a tax debt. A taxing authority may levy against real estate, personal property, bank accounts...
IRS Tax Problems
IRS problems begin when taxpayers fail to pay the proper amount of taxes, fail to file their taxes, or engage in practices that attempt to escape th...
Taxation Law Terms Glossary
Staff Writer, Feb 15, 2006 -An automatic tax collected from employers and employees to finance specific programs
Bicycle Commuter Act Tax Benefits
Beginning Jan. 1, 2009, bicycling commuters became eligible for employer reimbursement of workplace transportation costs. Under the “Bicycle Commu...
Who Needs a Tax Lawyer
Not everyone knows when they should hire a good tax attorney but there several reasons for doing so. Every business needs to properly file their tax...
Tax Penalties for Late Filers
If you run into trouble filing your taxes and do not get the forms submitted by April 15 you will be subject to various fines and penalties for fili...
Income Tax Basics
Filing personal income taxes can be a daunting and overwhelming task and not everyone that goes it alone knows all of the basics regarding their rig...
High Tax Bills
Paying taxes can be a daunting and emotional time, especially if the taxpayer does not have the money available at the time to pay the balance of th...
Filing Taxes on Time
Not everyone is able to file their taxes on time and might need the help of an extension, filing their taxes online, paying their taxes with a credi...
Do I Need a Tax Lawyer?
A tax lawyer will be able to help anyone filing their taxes when it comes to answering questions about tax issues or helping with legal matters rela...
Tax Lawyer vs. CPA
Many businesses rely on a certified public accountant or CPA to manage their income, profits, taxes, expenses and everything else regarding their ...
Tax Form Legal Help
Staff Writer, Feb 03, 2006The federal income tax provides for national programs such as defense, foreign affairs, law enforcement, and interest on the...
Taxation Law FAQs
I received a lump-sum distribution when I retired. Is there any special tax treatment on a lump-sum distribution?
Taxation Laws
The more assets that an individual owns, unfortunately, the more complicated the tax law becomes.
Personal Income Tax Help
Staff Writer, Feb 03, 2006It is important to be organized. It can save grief when filing income tax.
Consulting Tax Lawyers
Tax lawyers can be extremely valuable to individuals. Aside from having extensive knowledge about the laws surrounding taxes, there are many ben...
Online Sales and Tax
Anyone selling items or other goods on the Internet is responsible for reporting any sales income on their tax income returns excluding online garag...
