Tax Credits: Getting Your Share

Do you pay more than your fair share of the tax debt? Isn't it time to pay more attention to your budget than the government's deficit? Paying your fair share is an honor. Paying MORE than your fair share is bad stewardship.

Giving To Charities - Tax Deductions and Such

The tax code in the United States contains many provisions to promote certain behavior. One area of behavior is the promotion of giving to qualified charities.

Second Homes - Tax Benefits and Potential Tax Pitfalls

Many people are buying a second home to use for vacations or to acquire a home to be used in retirement. Some provisions of the tax law treat a second home the same way as a primary home. However, other tax provisions applicable to a second home differ from the tax rules that apply to a principal residence. This article explains the tax benefits and potential tax pitfalls in owning a second home.

Your Business and Your Estate - Succession Planning

Things don't always turn out fairly when the business owner leaves the family business to the next generation.

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.

1.7 Million Americans Forfeit $2 Billion to Uncle Sam on April 17th

People owed refunds on their 2002 taxes had until April 17, 2006 to file for that tax year and claim their refund. If they did not file the $2 Billion will be forfeited to the government.

Tax Evasion Penalties

If you are found guilty of tax evasion, a tax attorney can help you through the process. The penalties are severe, ranging from hefty fines to up to five years in prison.

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.

IRS E-Filing; Is It Helping Our Government Collect Taxes?

It got off to a rather rocky start, but it is alive and well today and each year more and more Americans are filing their taxes this way and it is saving our government money in administrative costs and making it easier for Americans to file the taxes...

Getting It Right: Taxation and Economic Growth

The article explains which tax policies will lead to sustained business growth and which are just plain old smoking blowing (business as usual). Why is this important--because a slow growing economy will negatively impact both the top and bottom lines of your business. It is best to know which set of policies will work.

Property Tax Grievances - Can I Win? (continued)

Property taxes can be a homeowners largest monthly expense. Don't let errors by the tax assessor go unchallenged. You have nothing to lose by seeking a reduction in assessment.

Appealing Property Taxes For Your Home - The Basics

Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. To reduce this expense, property owners should annually review and consider appealing property taxes. While there is no guarantee that an appeal will be successful, a recent survey conducted by O'Connor & Associates indicates that 70% of property tax appeals are successful.

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:

Donating an Automobile to Charity? Don't Forget the Tax Deductions!

When donating an automobile to charity, you'll want to think about tax deductions. According to Publication 4303, the Internal Revenue Service (IRS) and state charity officials provide general guidelines for donations.