IRS Hangs Up on Long-distance Tax

The IRS has announced that it will stop collecting the federal excise tax on long distance telephone services.

Moving To A New Location – Tax Information

In modern America, it is rare to find a person or family living in the same place for thirty years. Most of us move five or ten times, which means taxes become an issue.

How the Tax Break from Car Donations Works

Have a car or a truck that you want out of your garage? Want to get that heart warming feeling of having helped the needy? And last but not the least, want to pay less in taxes this year?

The Evolving Role of Accountants

With products like Turbo Tax improving, many wonder where this leaves accountants. Ironically, the evolving role of accountants is helping people save on their taxes.

Make Your Accountant Your Best Friend

Many people just assume their accountant will cut their taxes as much as possible. To get the biggest benefit from them, you need to be a bit more proactive.

Reducing Tax Burden: Follow These Simple and Practical Steps

Taxes of any type and form always burden you. Your income, off and on, is half eaten by the taxes you pay. These taxes can be federal taxes, state taxes, local income taxes, payroll taxes, which include Social Security and Medicare, sales tax, excise taxes and property taxes. However, if you are intelligent enough, you can apply tax-planning tricks that would eventually enhance your income. Given below are the effective steps for reducing your tax burden:

How To Get A Letter From The IRS That Says You Are Recognized As A Non-Taxpayer

Most individuals in the US currently are required to file a 1040 Form. However there is a little know process that you can use to change your filing status with the IRS to that of a NON-Taxpayer. Therefore no 1040 Form is required.

Auto Industry Declares War on Estate Tax Laws

When inheritance is handed down to the Next Generation often a big chunk of change is a windfall for the kids. Many of them go out and buying new cars and take expensive vacations; the auto industry wants to see some of that money in their getting ready to launch the huge campaign to lobby the Senate to vote down the estate tax.

Dealing With Taxes If You Live and Work Outside The United States

If you live and work outside of the United States, I may have some very good news for you. Although Americans are taxes on their worldwide income, you may be able to claim a huge deduction.

The IRS Solution If You Cannot Pay Your Taxes

The Internal Revenue Service wants you to pay taxes on time. That being said, it understands this is not always possible and has created a program for such situations.

Dear John Letters From The IRS

Undoubtedly, you are aware of Dear John letters. Often a young lady sent them to men in the military, often containing bad news. Well, the IRS sends them to taxpayers as well.

3 Tips For Keeping Proper Tax Records For Your Home Business – And Keeping The IRS Happy!

Need help keeping good records and preparing your taxes? These tips will help you save time, money - and keep the IRS off your back!

A Simple Introduction To Filing Electronic Taxes

Our current topic of discussion, is electronic tax filing, it makes use of the digital nervous system of the tax department, and in simple terms, it is the World Wide Web’s way of filing your tax returns.

What You Need To Know About 401(k)

Did you know that 401(k) suppose to help both employee and employer? Are you under simple, traditional or The Safe Harbor plan? Find out more.

How To Qualify As A Dependent On A US 1040 Tax Return

First, the qualifying individual must be a US citizen or national, and their marital status must be single, read the full article for more information.