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Tax > NetSparsh - Viral Content you Love & Share

Need an Offshore Sales Office in a Tax Free Environment?

The 100 year old investment-banking firm of Warburg, Dillon Read (on Park Ave. N.Y.) (now UBS Warburg) has offices in 39 foreign countries - including the Bahamas, the tiny Cayman Islands, Hong Kong and the Channel Islands. Makes you wonder why, doesn't it? Non-resident foreign companies,... Read More

Small Businesses Filing Amended Federal Tax Returns to Recover Money

Small Businesses Filing Amended Federal Tax Returns to Recover Money By Darren Oliver April 15th may be gone but, but certainly not forgotten ? especially if you, like millions of small businesses, unknowingly overpaid your federal taxes and can recover money... Read More

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share By Darren Oliver With the rush to file your taxes by April 15th, you probably did not consider the possibility that you overpaid.... Read More

Alas! In E-Commerce Taxland

In trying to comply with tax laws for your e-business, you may find yourself falling down the rabbit-hole, going through the looking glass, and attending a Mad Tea-Party.Common sense, logic, and fairness never did apply fully to the field of taxation but this is especially true of e-commerce transactions.1. Canada... Read More

Rearrange Your Affairs For Maximum Tax Savings

One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if only the taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!1. Are You Splitting Your Business Income?You... Read More

Organizing Your Taxes

Does this scene sound familiar? It's April 7. You haven't seen the top of your dining room table in two weeks because of the piles of paid bills, receipts, canceled checks, and unidentified cash register receipts covering it. Your head pounds and your stomach churns as the countdown to April... Read More

Seven Key Tax Deductions for the Self Employed

As a sole proprietor, it's wise to familiarize yourself with the some key deductions that may reduce your tax bill for 2004.Small-business consultants generally recommend that you hire an accountant to prepare your tax returns, payroll and financial statements. But you should also meet with your accountant well before the... Read More

How To Set Up A Tax-Saving Bookkeeping System

One of the most important, but least understood or appreciated aspects of any business is its bookkeeping or accounting system. And, because very few people know much about the reasons for a bookkeeping system, most people are frightened by the thought of the work involved in setting up such a... Read More

Knock-Knock-Knock

Knock-Knock-KnockWho's there?The IRS!The next quarterly payment of estimated income tax for the self-employed is not far off. Network marketers who receive a form 1099 at the end of the year, and/or who are expected to owe $1,000 or more in taxes, must file a form 1040-ES Payment Voucher quarterly to... Read More

How to Reduce the Estate Tax Using the A-B Revocable Living Trust

In a past article I relayed the plight of the widow who stated:"I didn't realize what an A-B Revocable Living Trust meant and that it had to be divided between the survivor and the deceased spouse and that I am limited as to what I can use from his share."She... Read More

In The News:

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Vox

The 5 most important questions about carbon taxes, answered
Vox
Carbon taxes are in the news these days. In recent months, not one but two conservative national carbon tax proposals have emerged, disrupting the usual partisan dynamic on climate policy. First there was the proposal from the Climate Leadership ...
97% of House Republicans foolishly reject carbon taxesThe Guardian
House Votes to Denounce Carbon Taxes. Where Was the Climate Solutions Caucus?InsideClimate News
House votes to disavow carbon taxThe Hill
ThinkProgress -Washington Examiner -Mother Jones -Citizens' Climate Lobby
all 49 news articles »

Page Six

Xzibit pays $233K in owed taxes - Page Six
Page Six
Former "Pimp My Ride" host Xzibit has long had tax troubles and in 2011 it was reported that he owed the federal government nearly $1 million.
Xzibit Cuts Massive Check to Uncle Sam: 'PAY YOUR TAXES!'The Blast

all 6 news articles »

Illinois News Network

Report: Sin taxes aren't reliable revenue streams
Illinois News Network
For those thinking pot taxes will save Illinois financially, Illinois' backlog of bills as of Thursday was nearly $7.8 billion. That would mean Illinoisans would have to consume 15,600 tons of weed in one year to pay the old bills. That doesn't even ...


The Hill

GOP tax writer introduces bill to reduce capital gains taxes
The Hill
this week introduced legislation that would reduce the amount people pay in capital gains taxes, as conservatives press the Treasury Department to take action on the topic. The bill from Nunes, a senior member of the tax-writing House Ways and Means ...


CNBC

Two strategies to simplify your taxes in retirement
CNBC
You may have stopped punching the clock at work, but Uncle Sam hasn't: Retirees still need to pay income taxes. Once older Americans have left the workplace, they may be generating income from a variety of sources, including Social Security, pension ...


The Pew Charitable Trusts (blog)

Are Sin Taxes Healthy for State Budgets? | The Pew Charitable Trusts
The Pew Charitable Trusts (blog)
When Kansas lawmakers found themselves facing a projected $900 million budget shortfall in 2017, then- Governor Sam Brownback (R) proposed tax hikes on ...

and more »

Politico

Why filing taxes isn't easy - Politico
Politico
The Trump administration unveiled a “postcard-sized” tax form late last month that will supposedly make it easier for Americans to do their own taxes. The move ...

and more »

Daytona Beach News-Journal

Legal defense fees may force Ponce Inlet to raise taxes 9.5%
Daytona Beach News-Journal
PONCE INLET — As Town Manager Jeaneen Witt prepared a budget proposal for the coming year, she would have been looking at property tax rate cut, but for one thing. Legal fees in the decade-old Pacetta lawsuit against the town. Legal defense fees ...


Washington Post

In conservative Oklahoma, a Republican raises taxes — and many voters like it
Washington Post
Oklahoma City — Helen Swope considers herself a traditional Republican, skittish about paying higher taxes for what can seem like the ever-growing role of government. But after Oklahoma City spent hundreds of millions of dollars building new parks ...

and more »

Monroe News Star

Your dollars at work: Ouachita taxes repair miles of roads
Monroe News Star
Ouachita Parish Police Jury vice president Jack Clampit, District B, said it's all thanks to the two taxes passed in 2016 and 2017. On April 9, 2016 voters in the West Ouachita Development District approved a 0.39 percent tax to be collected over 25 years.

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The Implications of Income Tax Charge on Estate Planning

OverviewIn the Pre-Budget Report of December 2003 the Chancellor Gordon... Read More

Organizing Your Taxes

Does this scene sound familiar? It's April 7. You haven't... Read More

Gambling Income and Expenses - Tax Requirements

Hit a big one? With more and more gambling establishments,... Read More

Are You Overpaying Taxes If You Use Tax Preparation Software?

For many business owners the answer to this quandary is... Read More

Tax Records - What You Should Keep And For How Long

Many taxpayers are confused about how long they should keep... Read More

A Taxing Investment

April 15 - The most dreaded day of the year... Read More

SFR Substitute for Returns: IRS Action on Non-Filers

In the latest Star Wars episode, the evil empire executes... Read More

Tax Help Secret: Avoiding the Entreprenuers Curse

Your days as an entrepreneur and businessperson are consumed with... Read More

Early Distributions From Retirement Plans

An early distribution from an Individual Retirement Arrangement (IRA) or... Read More

Small Businesses: Company Car Vs. Personal Mileage Reimbursement In Hurricane Katrinas Wake

With gas prices at an all time high before Hurricane... Read More

State Tax Information

All states also have their own tax system. Typically there... Read More

Save Money on Taxes - Double Your Income Now With Tax Saving Tips on Deductions

Adding Your First Additional Stream of IncomeMost new wealth builders... Read More

Hurricane Katrina ? How To Use Your Business Loss To Get A Refund on 2004 Taxes

With the massive losses caused by Katrina, the economy of... Read More

Take Control of Your Taxes

As everyone in the U.S. knows, we have just passed... Read More

Insider Guides to IRS Audits!

Ever wish that, as a business owner, you knew exactly... Read More

Your IRS Tax Appeal Rights

Are you in the middle of a disagreement with the... Read More

Another Tax Loophole

Just image, you are a small manufacturing company, business has... Read More

What You Need To Know About Taxes If You?re Getting Married

It may not be high on the list of wedding... Read More

Truly Bizarre Taxes: The Tax on Illegal Drugs

One can never underestimate the enthusiasm that politicians have for... Read More

IRS Certifies 2006 Toyota Hybrid for Clean Fuel Deduction

The Internal Revenue Service has certified the 2006 Toyota Highlander... Read More

Estate Taxes - It Pays to Plan Ahead

Estate taxes. It's not enough to simply know they exist,... Read More

Taxing Overseas Firms for SOX Compliance

The Sarbanes-Oxley Act, also called the Public Company Accounting Reform... Read More

Need a Copy of Your Tax Return Information?

Taxpayers have two easy and convenient options for getting copies... Read More

Business Tax Deductions

As we enter mid-March, taxpayers begin to become very interested... Read More

Tips and Simple Guidelines on How to Calculate Payroll Taxes

Managing a business small, medium or big requires you to... Read More