Online Tax Filing: Why File Taxes Online?

More and more Americans are filing their taxes online. Online tax filing is secured, convenient, and helps you stay on top of new deductions. In addition, you don't have to worry about getting to the post office just before the midnight deadline.

Tax Planning Opportunities and Installment Sales

Before engaging in an installment transaction, review you portfolio to check out the consequences. As usual, careful planning can yield significant tax savings and can allow for the use of tax benefits that have been carried over for years. Knowledge is power.

How Much Is That Business In The Window-Do You Know The Worth Of Your Business?

Amazingly enough, as I continue to practice the art of public accounting, I find that many small business owners are unaware of their business' value. They have made no plan for retirement, estate planning, or a possible sale. When a business' value is known, it becomes possible to put a plan in place that will cover just about every possible scenario the small business owner will face.

Losing Weight Can Get You A Bigger Tax Refund

Did you know that losing weight cannot only save your life, but also put more money in your pocket? The IRS classifies certain costs related to weight loss as tax deductible, meaning that dieting can increase the amount of refund (or lower the amount you have to pay.)

Tax Records - How Long To Keep Them?

Most tax deadlines are easy to remember like the filing deadline or the due date to pay estimated tax payments however, when it comes to how long to keep tax records, most people do not have a clue. So you want to know, how long to keep tax records?

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.

Common Mistakes to Avoid on Your Tax Return

Preparing your tax return is a task similar to mating with an elephant. It takes a long time, there is a lot of yelling and you usually have a headache by the end. All of this can lead to mistakes on your return.

Your Home Based Business Tax Deductions-Are They Legal?

The Internal Revenue Service determines whether your claimed home based business tax deductions are legal using various criteria...These are some of the questions that must be answered to ensure your home business tax deductions are legal in the sight of the IRS.

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.

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

Taxes For Gamblers

The federal government wants their hunk of meat regardless of how you earn money. This is true even if you don’t think of it as working, such as when you are gambling.

Taxation

Taxes is a difficult issue that effects everybody's life. The notion of fair taxation system is a merely mystical one because no matter how well planned it is, there will be people who will not be satisfied for a number of reason.

Tax Time! Have You Maximized Your Medical Expenses?

Filing your taxes can be complicated and overwhelming, so much so that you and even your accountant may overlook some simple deductions this year that you can take when it comes to your medical expenses. The following article mentions some of these items. You may be surprised at what medical expenses you CAN deduct and what qualifies as a medical expense. Don't miss out!