.: Irs Top Related Articles
1). Figuring Out Your W-4 Withholdings
If you are employed by a business, you have the ability to play with the withholding on your paycheck. Fortunately, there is an easy way to do this online these days.
Figuring Out Your W-4 Withholdings
What is one of the happiest days of the year? Holidays excluded, for many people it is the day they get their tax refund check. Yep, cold, hard cash they can spend anyway they want.
Article tags: irs, tax, taxes, forms, w4, w-4, paycheck, returns, withholdings, witholdings
2). Strategies For Limiting Taxes If You Are Your Own Boss
Self-employed individuals always cringe at the amount of taxes the pay to the IRS and state. Here are tax strategies for self-employed individuals that reduce those tax amounts.
Strategies For Limiting Taxes If You Are Your Own Boss
The good news is being self-employed is one of the best tax strategies out there. Unlike a salaried employee, the full scope of tax credits and deductions available in the tax code are now available to you.
Article tags: tax strategies, self employed, irs, taxes, tax, fica, quarterly, ira
3). Tax Returns - Should You Itemize?
When you finally decide it is time to prepare your taxes, the first question is whether you should itemize your deductions or take the standard deduction provided by the IRS.
Choices, Choices…
Tax deductions are a very simple part of a theoretically simple tax reporting system. If you’ve ever prepared your own taxes, you know this simply isn’t true.
Article tags: tax, taxes, irs, tax return, deduction, itemize, standard deduction, 1040, deductions
4). Understanding The Reasons For Stock Splits
Describes why companies choose to engage in stock splits and the affects this has on the stock market as a whole.
Article tags: stock splits, corporations, public, companies, small business, liquidity, cash flow, investment, irs
5). Tax Quotes and Jokes for Tax Season
Like death, paying taxes is inevitable. In the case of most Americans, tax season is just around the corner. If only paying taxes was so easy.
As you begin pulling out those receipts, the eraser and reading plain English tax instructions that Einstein couldn’t figure out, you’re going to need a good laugh. Here you go:
1. I am proud to be paying taxes in the United States.
Article tags: tax jokes, tax quotes, irs
6). Insider Secrets about Corporations: Or, Why Should I Incorporate?
-"Why should I incorporate? I can just do this business as a sole proprietor, right?"
-"Isn't it complicated and expensive to form a corporation?"
-"I run my business with my spouse, and we have a partnership. Why would we need to have a corporation?"
These have to be the most frequently asked questions that I--and my own financial and legal advisors--get from our clients.
Article tags: incorporate, corporation, irs, taxes, inland revenue, small business, home based business, entrepreneur, limited liability, asset protection
7). Knowing The Various Costs Of Starting A New Business
Explains the costs and risks involved with starting up a new business.
Article tags: costs, new business, small business, credit, loans, insurance, bank, balance, capital, taxes, irs
8). 3 Tips For Keeping Proper Tax Records For Your Home Business – And Keeping The IRS Happy!
The last thing most people think about when starting a business is doing taxes. But proper planning will make doing your taxes much easier - and keep the IRS happy!
Here are 3 simple tips for keeping proper records:
1. Whenever you buy anything for your business, keep the receipt!
Not only will this make record keeping a lot simpler, but if you are ever audited (having your tax return reviewed in detail by the IRS), you can prove your expenses, and save yourself money.
Article tags: build wealth, personal finance, save money, tax planning, irs, retirement planning, record keeping
9). Capital Assets – Gains and Losses for Taxes
Capital is a unique term when it comes to taxes. If it gains value, you pay a tax. If it loses it, you can write at least some of the loss off.
Capital Assets – Gains and Losses for Taxes
Practically everything you own is a capital asset. This is true whether you use it for business purposes or personal use. The internet revenue service is very interested in your capital assets.
Article tags: tax, taxes, irs, capital, gains, losses
10). Decoding the IRS Dependent Rules! How Do I Know When to Claim a Dependent?
Taxes can be confusing to anyone, whether you’ve been paying the IRS for years or this is your first time. The IRS doesn’t have to be an "evil" entity, if you know how taxes work and where you can take deductions. This article looks at some of the general questions people have in regards to tax credits and how to deal with personal businesses.
Article tags: taxes, irs
11). Convert To Roth IRA Regardless of Income – 2010
An odd quirk in the recent legislation to extend the Bush Tax Cuts is giving IRA holders a huge break. For one year, and one year only, the income cap will be gone.
Convert To Roth IRA Regardless of Income – 2010
2010 may seem like a long way off, but something magical is going to happen then if you prepare for it. The recent legislation extending the Bush tax cuts contains a unique clause regarding the Roth IRA.
Article tags: ira, roth, retirement, tax, taxes, irs, bush, tax cuts, tax legislation, income, cap, 100, 000
12). 1099-MISC Forms For Independent Contractors for 2005
As we begin 2005, you’re probably not thinking about taxes at all. This is a mistake as deadlines are approaching for issuing and filing 1099s to independent contractors.
What is a 1099 MISC?
Generally speaking, the IRS requires you to report certain payments you made during the year to independent contractors. The 1099-MISC form is a single page on which you report to total amount you paid to the independent contractor during 2005.
Article tags: 1099, misc, independent contractors, irs, taxes, penalty, 1099s, 1096
13). How To Audit-Proof Your Tax Return Forever: A Recent Close Encounter Of The IRS-Kind
Congress has passed legislation that is supposed to result in a more "sensitive" Internal Revenue Service. You know, not such a lean, mean, tax-collecting machine.
Hmmm . . . . What do you think?
A few months ago, one of my clients (let's call him Mr. Jones) got one of those IRS "love letters" requesting more information about his return, and the IRS wanted to meet with Mr.
Article tags: tax, deductions, audit, irs
14). Checking The Status of Your Tax Refund Online
More than a few people are happy to learn they are due a tax refund after filling out their tax returns. If you are one of these people, here is how to check the status of your refund online.
Checking The Status of Your Tax Refund Online
Before getting into checking your refund status, I feel obligated to mention a few things about tax refunds. One involves the nature of refund and the other involves Internet scams.
Article tags: irs, tax refund, online, irs web site, tax return, where is my refund, tax payments
15). Tax Credits for Retirement Savings
It is a well-known fact that Americans are miserable failures when it comes to saving for retirement. Well, the government is offering tax credits to change this for some of us.
Tax Credits for Retirement Savings
Social security is going to be under siege as baby boomers hit retirements. Fortunately, many baby boomers have put away piles of cash in 401ks and IRAs.
Article tags: retirement, tax, taxes, tax credits, 401k, ira, social security, federal government, irs, pre-tax