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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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CNBC

Getting a divorce? The new tax bill will complicate splitting up, especially for women
CNBC
If you are divorcing or recently divorced, taxes may be the last thing on your mind. However, taxes can have a big impact on your wallet even more so now than any other time in your life. Starting in 2019, the new tax laws will be fully enacted and ...


Minneapolis Star Tribune

St. Paul property taxes to climb for most, according to projections
Minneapolis Star Tribune
The typical St. Paul homeowner is looking at a big property tax increase next year if the city, county and school district pass their 2019 tax proposals and voters approve new funding for schools in November, according to projections released Monday.


CPAPracticeAdvisor.com

Former Pizza Shop Owner Pays $400000 in Back Taxes, Avoids Prison
CPAPracticeAdvisor.com
The former owner of Zoey's Pizza restaurant in Manchester, New Hampshire, avoided prison time Tuesday when he appeared in Hillsborough County Superior Court after having repaid the state taxes he avoided paying over a five-year period. Stylianos ...


Eater Austin

Downtown Hot Dog Restaurant Frank Is Closed Again Because of Unpaid Taxes
Eater Austin
Downtown hot dog restaurant and bar Frank is closed again because of unpaid taxes, as noted by an eagle-eyed tipster and confirmed by Eater. There is a notice on the 407 Colorado Street restaurant's locked doors stating that “this property has been ...


Times Herald-Record

Town of Newburgh agrees to refund some taxes on 2 Watchtower sites
Times Herald-Record
TOWN OF NEWBURGH – The Town of Newburgh agreed Monday to refund 2018 Orange Lake Fire and lighting district taxes on two Watchtower Bible and Tract Society of New York-owned properties to settle a dispute in which the organization challenged ...


Evers, Walker Trade Hits on Education, Taxes in New Ads
U.S. News & World Report
Evers, Walker Trade Hits on Education, Taxes in New Ads. Republican Gov. Scott Walker is hearkening back to a popular 1970s children's show in his latest campaign ad blasting Democrat Tony Evers over taxes. Sept. 25, 2018, at 8:09 a.m.. Evers, Walker ...

and more »

TCPalm

Port St. Lucie City Council increases property taxes 6 percent despite cutting tax rate
TCPalm
PORT ST. LUCIE — A 6 percent property tax increase for the upcoming budget year received final approval Monday from the City Council. The council voted unanimously to approve a $410.5 million budget for the 2018-19 fiscal year and a property tax rate ...

and more »

Wall Street Journal

IRS Is Wrongly Denying Tax Refunds, Some Companies Say
Wall Street Journal
Normally, U.S. corporations pay their taxes quarterly, estimating what they owe and settling up by the time they file their returns. They sometimes overpay by millions of dollars to avoid penalties and interest. They also can overpay if profits ...


Colorado Springs Gazette

Lodging taxes on Colorado Springs hotel rooms rank among the nation's lowest, study finds
Colorado Springs Gazette
The Springs' tax rate on overnight hotel stays ranks No. 141 out of 150 cities, says the seventh annual Lodging Tax Report by HVS Convention Entertainment Facilities Consulting of Chicago, a division of the New York-based global hospitality industry ...


Newsday

Marc Molinaro says he wants to cut property taxes 30% | Newsday
Newsday
BOLTON LANDING — Republican gubernatorial candidate Marc Molinaro said Monday he has a plan to cut local property taxes 30 percent over years, primarily ...

and more »
Google News
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Highlights of IRS List of 2005 Tax Scams

Each year, the IRS lists various scams taxpayers get caught... Read More

10 Thoughts on Tax Offer in Compromise

Beware of advertisements that claim to settle tax debts for... Read More

What is a Federal Tax Lien?

A Federal Tax Lien (FTL) is a legal instrument that... Read More

IRS Reports Tax Gap of $300 Billion

The Internal Revenue Service is reporting that the difference between... Read More

Are You An Innocent Victim of These Popular Myths?

Misconceptions, misinterpretations and just plain "untruths" are floating about income... Read More

The Annual Gift Tax Exclusion: Getting The Edge

Whether helping the kids with a down payment on their... Read More

Identity Theft ? Impacting Your Taxes?

If your identity is stolen, your finances can quickly become... Read More

Organizing Your Taxes

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

Truly Bizarre Taxes: The Tax on Illegal Drugs

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

How Likely Are You To Be Audited?

Statistics for IndividualsUnfortunately, the IRS increased its rate of auditing... Read More

Alas! In E-Commerce Taxland

In trying to comply with tax laws for your e-business,... Read More

Take Control of Your Taxes

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

SFR Substitute for Returns: IRS Action on Non-Filers

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

Tax Trap #4 -- The Quagmire of Depreciation

If you are a Small Business Owner or Self-Employed Person,... Read More

What to Do If You Can?t Pay Your Taxes

The end of tax filing extensions is quickly approaching. What... Read More

Tips and Simple Guidelines on How to Calculate Payroll Taxes

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

Fraudulent Tax Shelters ? KMPG Goes Down Hard

In the largest criminal tax case ever filed, KMPG has... Read More

Tax Deduction for Alimony Payments? - Yes!

Over 50% of marriages end in divorce in the United... 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

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

In a past article I relayed the plight of the... Read More

The Seven Deadly Tax Sins: Commonly Missed Deductions

It's that time again, the April 15 tax deadline is... Read More

IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters

The IRS has obtained civil injunctions against more than 100... Read More

Understanding Basic Tax Terms

If your like many, you don't always understand what people... Read More

Tax Time Tune Up

Excerpted from the new book, "How to Do Space Age... Read More

Tax Jokes and Quotes

Do you realize that some tax forms ask you to... Read More