Strange and Bizarre Tax Deductions

It was Albert Einstein who said physics was easy compared to trying to prepare his taxes. You probably feel the same way. The tax code is full of oddities, and here are a few that will make you roll your eyes.

IRS Tax Audit Help - How To Avoid One

Just hearing the word audit is enough to send most people running for IRS Tax Audit Help and send a shiver up their spine. Wouldn't it be great to learn how to avoid a IRS tax audit? Well there are certain things you can look out for that will trigger an audit.

What State Taxes Can Businesses Deduct

If you run a business, you are looking for as many deductions as possible to knock down the tax you have to pay. Following are some highlights of the taxes you can deduct that are collected by anyone other than the federal government.

Beware the Part Time Tax Preparer

If there is something people enjoy less than preparing their tax returns, it is hard to imagine. If you look to another to do the job, be very careful who you pick.

Google's Great Tax Escape

Less than 10 years old, Google has burst onto the scene like few companies in modern times. Now it is learning to throw around its weight when it comes to tax issues.

Do You Make These 9 Common Income Tax Mistakes?

Its income tax time again. With the April 15th Deadline fast approaching you need to beware of these 9 common income tax mistakes as stated by Intuit the makers of Turbo-Tax.

What is a Tax Attorney

While many business owners recognize the importance of having a secretary and an accountant at their disposal, few realize the equally significant need of having a personal tax attorney

TurboTax Versus Your Accountant: Which is Better?

Trying to choose between a tax accountant and tax software? Bestselling author and CPA Stephen L. Nelson says most taxpayers should go with something like TurboTax or TaxCut. He says only two circumstances warrant hiring a pro...

Federal Tax Credit For Hybrid Cars

One of the big incentives to buying a hybrid is the Federal Tax Credit that rewards you for your good environmental efforts. But they had to do this, otherwise not many hybrids would be sold!

A Look At Tax Deferral Methods

A look at a few different types of tax deferral methods, and how each works. We take a look at IRAs and a few different 401k plans.

5 Steps to Create Multi-Stream Income: Wage Earner Knowledge Provides Content

W-2 wage earners pay the biggest portion of taxes in our country. Why? Because very few of their expenses are deductible. You can change that by developing a business you can work from home, making a profit sharing your knowledge with others. Get on the Schedule C Bandwagon and make a difference in your Taxable Income this year.

How Income Tax Works

A look at the dreaded income tax, how it works, and to file. This article looks at income taxes mainly from the perspective of the individual taxpayer.

Budgeting, Forecasting and Tax Planning

Corporate tax is a tax levied by various jurisdictions on the profits made by companies or associations. Tax will vary drastically from one jurisdiction to another. Allowances for capital expenditure as well as the total amount of interest payments that can be deducted from gross profits when working out the tax liability will both vary.