In this world, said the great Benjamin Franklin, nothing is certain but death and taxes. While modern medicine continues to work on a cure for mortality, 1031 exchanges offer a valuable mechanism against the foibles of the taxman. Allowing the exchange of one property … Read the rest –>
Filed under Tax Refunds by on Dec 5th, 2009.
Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need … Read the rest –>
Filed under Tax Refunds by on Dec 4th, 2009.
One often-overlooked tax benefit for business owners is putting their kids to work in their business.
If you are self-employed you can take advantage of this by paying your kids $4,000 each for performing services in your business. The business gets a tax deduction … Read the rest –>
Filed under Tax Refunds by on Dec 3rd, 2009.
Are you in the middle of a disagreement with the IRS? One of the guaranteed rights for all taxpayers is the right to appeal. If you disagree with the IRS about the amount of your tax liability or about proposed collection actions, you have … Read the rest –>
Filed under Tax Refunds by on Dec 2nd, 2009.