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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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Forbes

It's Not Too Soon For Taxes: 4 Moves You Can Make Now
Forbes
With the April 15 tax-filing deadline still months away, it may seem early to consider taxes, but when it comes to reducing your tax bill, starting early makes eminent sense. Too often tax planning is delayed until very late in the year or until we ...


CNBC

Hurricane Florence victims get a break on taxes
CNBC
The IRS will grant some tax relief to residents who are reeling from Hurricane Florence. The storm, which weakened to a tropical depression on Sunday, poured up to 40 inches of rain on North Carolina since Thursday. President Donald Trump declared ...

and more »

Forbes

Powerful Strategies For Charitable Giving After Tax Reform
Forbes
The non-tax benefits of charitable giving should be, and often are, important to motivating and planning donations. Most donors, other than wealthy taxpayers making significant donations, will receive little, if any, tax benefit from donations after ...


Reuters

Ireland collects disputed Apple taxes in full ahead of appeal
Reuters
DUBLIN (Reuters) - Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc (AAPL.O) plus interest of 1.2 billion which it will hold in an escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said ...
Ireland recovers 14bn euros in Apple 'back taxes'FRANCE 24
Ireland collects more than €14bn in taxes and interest from AppleThe Guardian
Apple pays Ireland record shattering $15 billion lump sum to settle tax disputeAppleInsider

all 97 news articles »

Fox Baltimore

Goucher Poll: Marylanders favor Gov. Hogan, believe state taxes are too high
Fox Baltimore
BALTIMORE (WBFF) -- In a newly released Goucher Poll, Marylanders support the legalization of recreational marijuana and a $15 minimum wage, but say state taxes are too high and disapprove of the job President Donald Trump is doing.

and more »

Salt Lake Tribune

Audit: State could do more to recover $552 million in taxes left unpaid over past 5 years
Salt Lake Tribune
While Utah is getting better at collecting overdue taxes, a new audit says delinquent taxpayers still owe more than $552 million for the past five tax years. One key reason that more is not recovered: the state laid off the equivalent of five ...


Honolulu Star-Advertiser

Teachers' proposal would require hefty hike in property taxes
Honolulu Star-Advertiser
The union representing Hawaii's public school teachers is arguing that a state tax on second homes valued at more than $1 million could bring in $200 million to $400 million in new revenue for public schools. Read More ...


Banker & Tradesman

MGM Springfield Spins Off $2.36M in Taxes in First Week
Banker & Tradesman
Gaming Commission chairman Stephen Crosby has said Massachusetts can expect MGM Springfield and the full-scale casino being built in Everett will each return “easily” between $75 and $100 million in state tax revenue per year and that the state can ...

and more »

Austin American-Statesman

Smithville approves $11.7 million budget, raises taxes and fees
Austin American-Statesman
The average homeowner in Smithville will pay $35 more in city property taxes next year after the City Council on Sept. 10 approved a three-cent tax increase as part of its $11.7 million budget for fiscal year 2018-19. The council approved a tax rate of ...


Orlando Sentinel

Pulse memorial, museum project may get $10 million in hotel taxes to buy land
Orlando Sentinel
The push to build a permanent Pulse memorial and museum at the site of the Orlando nightclub earned a big boost when an Orange County advisory committee unanimously recommended awarding the project $10 million in tourist development tax money.

and more »
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Tax Tips to Save Money on Taxes - Get the Corporate Kick and Save Loads of Money

Why a Corporation Helps Save You TaxesThe Tax Rates (Notice... Read More

Understanding Marketing Tax Deductions

Marketing is a necessary expense in running practically any business... Read More

Where to Find Tax Breaks for Your Home Based Business

April 15th looms in front of most people every year... Read More

10 Tax Tips to Reduce Costs and Increase Income

No one likes paying tax. Everyone understands that tax is... Read More

Tips and Simple Guidelines on How to Calculate Payroll Taxes

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

Early Distributions From Retirement Plans

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

Save Money on Taxes - Let Uncle Sam Pay for Your Fun!

"Deducting Meals and Entertainment"O.K. You've been working really hard on... Read More

Reducing Taxes Through Dividend-Salary Mix Calculations

Should I take wages or dividends from my privately owned... Read More

IRS Certifies 2006 Toyota Hybrid for Clean Fuel Deduction

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

Tax Tips - Which Tax Form Is Right For Me?

IRS Tax forms can be confusing.Am I a 1099 or... Read More

How To Get An Instant Pay Raise

As a gentleman was leaving my class recently, he wanted... Read More

Business Tax Loophole: Leasing Assets To Your Corporation

While there are many equally valid reasons to incorporate, saving... Read More

Get Uncle Sam To Pay $36,000 For Your Childs Education!

Let's assume that you would like to begin saving for... Read More

IRS Statute of Limitations: Do Taxes Ever Expire?

Many Americans believe that an IRS debt is a debt... Read More

How to Maximize Your Home Business Tax Deductions for 2005

Someone once said, 'the best way to calculate your taxes... Read More

Rental Property Tax Deductions

Own residential rental properties? This article discusses how income from... Read More

Are You Overpaying Taxes If You Use Tax Preparation Software?

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

Small Business Tax Deduction - Write-Off Bad Debts

Practically every small business has receivables that it cannot obtain... Read More

Tax Jokes and Quotes

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

The Internet Tax Man Cometh

Q: I was contacted by the city tax collector to... Read More

Gambling Income and Expenses - Tax Requirements

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

How To Get An Extension To File Your Business Tax Returns

Yes, the tax season is upon with the first filing... 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