Tax Refunds Guide! » tax rate

Will the Estate Tax Ever Go Away?

taxrefunds — Sat, 28 Nov 2009 21:06:19 +0000

The Estate Tax is the tax that the government puts on the assets that are transferred to your beneficiaries when you die. Taxable assets can include real estate, stocks, money in a bank account, and other valuable belongings. It does not look like the… Read the rest -->

Who Really Pays Income Taxes

taxrefunds — Fri, 27 Nov 2009 01:47:19 +0000

With all the talk of the rich not paying their fair share of taxes and the tax cuts earlier this decade only going to the rich, here are some facts to contemplate and you as the reader can make up your own opinion.

The… Read the rest -->

What Is A Deferred 1031 Tax Exchange?

taxrefunds — Sun, 22 Nov 2009 10:39:07 +0000

A tax deferred exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame.

Although the logistics of selling one property and buying another are virtually identical to any standard sale… Read the rest -->

Top 7 Small Business Tax Tips

taxrefunds — Fri, 13 Nov 2009 09:50:10 +0000

Here are seven ways for owners of small businesses to save money on their taxes.

1. Incorporate Yourself: If you`re still a proprietor or partner of a business, it`s time to incorporate yourself. Not only will you limit your liability, but you may enjoy… Read the rest -->

The Tax Payer as Gilligan

taxrefunds — Mon, 09 Nov 2009 19:41:05 +0000

Lets all sing a new version to the tune of the 60s sitcom Gilligans Island

Just sit right back and you’ll hear a tale, a tale of mishandled use; that started with our nations past to form a fiscal noose. The tax was… Read the rest -->

The History of Income Tax

taxrefunds — Wed, 04 Nov 2009 11:59:19 +0000

They say death and taxes are the only two certain things in life. Alas, this wasnt always the case. Well, at least for the income tax.

The History of Income Taxes

Our great nation came into existence in fits and starts. Following the… Read the rest -->

Tax Traps for New Real Estate Investors

taxrefunds — Sun, 25 Oct 2009 21:55:44 +0000

Perhaps one shouldnt be surprised that new real estate investors fall into the same tax traps again and again. Real estate burdens investorsespecially new investorswith some tricky tax accounting.

But just because some other newbie makes these mistakes, that doesnt mean you need to.… Read the rest -->

Tax Tips for Real Estate Investors Using IRA Funds

taxrefunds — Sun, 25 Oct 2009 11:53:00 +0000

Youve seen the advertisements and news articles. IRA funds can be used to make real estate investments. But before you jump on this bandwagon, make sure you understand some of the tax planning angles related to this opportunity.

Passive Loss Deductions

Almost always, an… Read the rest -->

Tax planning to infinity and beyond…

taxrefunds — Sat, 17 Oct 2009 05:59:48 +0000

Another year has come and gone and whats really changed? Are you sitting in roughly the same place you were last year at this time with respect to your taxeswondering what you could have done differently in your business to positively affect your year-… Read the rest -->

Tax Advantages Of Incorporating A Business

taxrefunds — Mon, 05 Oct 2009 23:10:16 +0000

The tax advantages of incorporating a business is one of the main reasons that owners choose to incorporate their businesses, no matter what market they work in. Other types of businesses, such as sole proprietorships, are not afforded nearly as many tax advantages as… Read the rest -->