Tax Planning for Individuals Not Domiciled in the UK

Individuals who reside in the UK, but were born elsewhere and have foreign parents, or who may be thinking of moving to the UK, may not be subject to the full range of UK taxes. This paper is intended to provide a general overview of the rules that apply to non-domiciled persons. It should however not be taken as tax advice and reference should be made to a competent professional before setting up any structure referred to.

Home Improvement Tax Deductions

Our home is something that we all cherish more than almost everything else in our lives. This is a place to live in. and besides giving us shelter from all physical calamities it also gives much more. Unfortunately when you have a home you also have a whole other arena of tax issues to deal with.

Many Taxpayers Overlook AMT

Many taxpayers don't ever consider checking to see if they fall into the AMT. In fact, many don't even know what it is.

How To Minimize Your Taxes On Wealth

Taxes on wealth or simply wealth tax is the tax levied on the value of wealth owned by a person. As the term ‘wealth’ carries with it a broader meaning, generally capital transfer taxes (which includ...

Tax Debt Help

People getting caught in the web of tax debt are increasingly common. Tax debts occur due to financial problems caused by prolonged unemployment, layoffs, illness, accidents, or divorce. And if you are one among them, do not get overwhelmed by tax debt, as there are several simple ways to solve all the tax debt problems and to keep the tax collector out of sight.

Buffet Speaks for Retention of Estate Tax

Billionaire Warren Buffet called on U.S. lawmakers to retain the estate tax in a speech on Monday.

Tax Debt Help

Tax debt is another form of debt many people fall into. They have the Internal Revenue Service breathing down their necks to recover their dues. However, tax dept helps in solving your tax debt problems.

Estate-tax Vote Delayed

The estate-tax vote has been delayed until after the weeklong 4th of July recess.

Uncle Sam, the IRS, and Your Work at Home Business Tax Deductions

Are you keeping up with everything for your CPA regarding your work at home business? It’s better to be safe than sorry. While on vacation, what you can deduct. Do you employ your kids? Bottom line is, keep good records.

1031 Exchange Info Guide 101

A smart tax saving tool that is gaining popularity among the real estate investors by enabling them to defer the entire capital gains tax is 1031 Exchange.

Accounts Receivable Financing for Business Growth and Tax Write Off - What Does It Cost?

Securing the services of an Accounts Receivable Financing Company will allow a small company to bid on almost any contract (government or corporate) within reason. An A/R Transaction provides an automatic Tax Loophole.

More on IRA Beneficiary Designation Planning

IRS adds new planning consideration for IRA beneficiary designations.

1031 Exchange Odds and Ends

Delay capital gains taxes by exercising your right to use a 1031 Exchange.

IRS Approves Saturn Vue Green Line for Tax Credit

The IRS is working its way through various automobiles that qualify their owners for tax credits. The Saturn model of cars has just been reviewed with one particular model being approved.