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… Read the rest –>
Filed under Tax Refunds by on Dec 3rd, 2009.
Practically every small business has receivables that it cannot obtain from clients. If your small business doesn’t have any such receivables, consider yourself lucky. For those small businesses that suffer from uncollected receivables, solace can be taken from the fact you can claim a… Read the rest –>
Filed under Tax Refunds by on Nov 30th, 2009.
Its tax time again and you must be sure to receive all the necessary forms. What is a 1099 tax form and who gets one? A Tax Form 1099 is used to report income other than wages, salaries and tips. Here of late, this… Read the rest –>
Filed under Tax Refunds by on Nov 26th, 2009.
What Is The Fair Tax And Why Should You Care?
The U.S. Federal Income Tax Code is a tax on the income of American companies and citizens enacted by the government. The U.S. Constitution gives Congress the power to impose taxes, duties, imposts, and… Read the rest –>
Filed under Tax Refunds by on Nov 23rd, 2009.
Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid.
Various Toyota Hybrids Get Tax Credit Certification From… Read the rest –>
Filed under Tax Refunds by on Nov 21st, 2009.