Child Care Tax Deduction - This Is How You Can Qualify

The introduction of a child care tax deduction is an incredibly pleasing idea to most parents' ears. The expense of raising a child can cost a lot. Find out more...

What Is An LLC Tax Deduction?

Limited liabilities companies or LLCs are a tricky bunch to get any kind of LLC tax deduction on. This is because the LLC tax reduction is not actually recognized by the federal government. Find out more...

Why You Would Want To Apply For A Mobile Home Tax Deduction?

Just because your home is on wheels doesn't mean you can't take advantage of tax deductions such as the mobile home tax deduction. In fact as long as you pay taxes to the local government of the area in which you have parked your home you can qualify easily for the tax reduction. Find out more...

IRS and California To Crackdown On Options Backdating Together

The IRS has joined with California's local stock options backdating task force to investigate alleged backdating of stock options iwth an intent to defraud.

Expired Tax Cuts Get Another Chance

Senate Finance Committee Chairman Chuck Grassley is urging fellow Senators to quickly pass a series of expired tax cuts. Grassley says that without the legislation, taxpayers will face confusion and compliance problems.

Study Shows Volunteer Tax Preparers Are Often Wrong

If you ask a volunteer to help you prepare your tax return, you are risking errors in your return.

10 Things Every Taxpayer Needs to Know About the Pension Law

The new pension law provides a surplus of tax breaks likely to affect taxpayers and retirees and includes provisions regulating charitable giving and tax deduction procedures. A list of important provisions is provided in the following article.

Not all CPAs and Attorneys Are Knowledgeable on Capital Gains Tax Issues

Does your CPA, Attorney, Financial Advisor or Realtor understand how to help you with your Capital Gains Tax Problem? Many have no idea, but are reluctant to tell you so.

IRS and Private Debt Collectors

The terror of most Americans is to be hunted by the IRS for overdue taxes. Well, the terror has evolved a bit as the IRS is now using private debt collectors to do much of the work.

Low-Tax States Have Stronger Economies

A new study of state tax burdens ound that low-tax states outperform the higher tax states in employment, personal income and population.

Raising Taxes is Bad Economic Policy; It is Bad for Our Nation

Recently, I watched the debate on television regarding the Bush administration's tax cuts and some Democrats were saying that they did not want to extend those tax cuts into the future. But isn't that really simply saying we want to raise your taxes? Personally, I don't want my taxes raised and I do not want any more taxes on my small business.

Internal Revenue Service Audits

Pick your favorite scary movie. It could be the first Alien or something else. No matter how scary they were, nothing is scarier than an audit by the Internal Revenue Service.

Act Now to Limit Your 2006 Tax Bill

Much like the Swallows returning to Capistrano each year, nothing is more consistent than taxpayers grumbling about the amount they owe in April each year. This need not be so.