| |
| |
|
Taxes Information |
|
|
|
Understanding Basic Tax Terms
If your like many, you don't always understand what people are talking about when it comes to Taxes. It's important to know the main tax terminology, especially when tax season comes around. Knowing the basics will make tax season less of a hassle for you, and maybe even save you some money. There are hundreds of terms; Below are some of the most important: Tax Form Audit Capital Gain Capital Loss Child Tax Credit Flat Tax Gross Income Net Income Property Tax Feel free to reprint this article as long as you keep the following caption and author biography in tact with all hyperlinks. Ryan Fyfe is the owner and operator of Taxes Area. Which is a great web directory and information center on Taxes and related issues like Income tax and property tax.
MORE RESOURCES: Indiana, Kentucky among states with lowest property taxes in country FOX 59 Indianapolis Tax-friendly destinations: A guide to the world's lowest taxes countries Business Insider India Opinion | A Case of Tax Fraud—at the IRS The Wall Street Journal CloseUp: Soucy promises property tax cut if elected Nashua mayor WMUR Manchester Tax Cheat Sentenced to Prison for Failing to Pay Employee Taxes Department of Justice Unemployment Tax Program - Texas Workforce Commission Texas Workforce Commission Don't Pay Uncle Sam More Than You Have to in Dividend Taxes The Motley Fool The politics of property taxes in Montana – Daily Montanan Daily Montanan Nebraska school aid, tax cap cut taxes for some, not all Omaha World-Herald IRS contractor charged with leaking tax return information of Trump, other wealthy people PBS NewsHour West Sacramentans paying higher property tax rates due to error by Yolo County officials KCRA Sacramento New California Law Places Additional Taxes on Guns, Ammunition ... Campus Security Today Roth IRA Conversions: Benefits and Considerations Beyond Taxes Kiplinger's Personal Finance Budget reforms that could lead to lower taxes and more transparency Indiana Capital Chronicle Taylor Swift Tickets and a New IRS Rule: What You Need To Know Kiplinger's Personal Finance Gallego Moves to Lower Taxes for Arizona's Broadband Grant ... Congressman Ruben Gallego Paintsville City Council votes to leave taxes unchanged The Paintsville Herald Painful property tax hike ahead for apartments — and likely their tenants Mankato Free Press Springboro seeks renewal of 0.5% income tax levy Dayton Daily News Deferring Taxes Until Retirement? You May Want to Rethink That Kiplinger's Personal Finance Namdar beats the Sheriff's sale buzzer, pays up on taxes for ... The Business Journals How’s the market? To save on taxes, timing matters Ukiah Daily Journal IRS Grants Louisiana Tax Relief Kiplinger's Personal Finance Chairman's News | Newsroom | The United States Senate ... Hearing | Hearings | The United States Senate Committee on Finance Pop Singer Shakira Charged with Tax Evasion for Second Time CPAPracticeAdvisor.com MT counties buck governor: won't collect full school property tax Montana Free Press Florida Men Charged in Multimillion-Dollar Tax Refund Fraud Scheme Department of Justice Jump in property values raises worry over tax issues on ballot Youngstown Vindicator County OKs relief for Topeka couple paying taxes on lost house The Topeka Capital-Journal Wayne County Woman Sentenced for Embezzlement and Filing ... Michigan Courts Median Household Income After Taxes Fell 8.8% in 2022 U.S. Census Bureau Will You Owe Taxes When You Sell Your Home? Morningstar Capital Gains Tax: Rates for 2023, How to Calculate and More - Buy ... The Wall Street Journal Lawsuit claiming travel firms cost Nevada millions in taxes can move forward Las Vegas Review-Journal California Gunmakers Fear Impact of New Taxes on Sales San Jose Inside Michigan Marijuana Dispensary Owner Convicted of Tax Evasion ... Department of Justice Republic of Armenia: Review of Tax Expenditures International Monetary Fund Editorial: Pittsburgh's nonprofit tax challenges are struggling, and ... Pittsburgh Post-Gazette Mitchell City Council to consider adopting $2 hotel BID tax amid ... Mitchell Republic Europe takes climate fight global as carbon border tax goes live POLITICO Europe NTA Blog: Nationwide Tax Forum FAQs – Part One National Taxpayer Advocate How to protect yourself from the ‘Dirty Dozen’ of IRS scammers The Press-Enterprise 'The Enclaves,' a luxury hotel-restaurant project in Southold wins $2.7 million in IDA tax breaks Newsday Ferry leaders outline need for added income tax Martins Ferry Times Leader Wells council talks tax levy | News, Sports, Jobs Faribault County Register Voter guide: Prop II asks Colorado voters to spend extra nicotine tax ... The Longmont Leader Foreclosure sale ends with payment of back taxes; Spring Lane Cinema ownership to remain same The Rant Tax Cuts Are Here to Stay—and So Are Exploding Budget Deficits The Wall Street Journal Letters: Loveland food tax; Andrea Samson Loveland Reporter-Herald Steamboat Springs reports sales tax revenue was up 2.65% in August Steamboat Pilot & Today Wendel Proposes Large Property Tax Rate Cut, Increase In Levy Jamestown Post Journal Gov’t spokesman: No tax hikes Kathimerini English Edition State Nonconformity With Section 174 Changes Could Bring Tax ... CLA (CliftonLarsonAllen) TAS Tax Tip: Waiting on an Employee Retention Credit Refund? - TAS National Taxpayer Advocate Commission comes with new proposals to simplify tax rules European Commission Trump advisers plot aggressive new tax cuts for second White ... The Washington Post |
|
|
|
RELATED ARTICLES
SFR Substitute for Returns: IRS Action on Non-Filers In the latest Star Wars episode, the evil empire executes a brutal revenge on the Jedi. While the IRS is not an evil empire (and due to the Revenue Reform Act of 1998 not very brutal anymore); it too is executing revenge on those who do not comply with filing their tax returns. Anticipating Your IRS Refund Can Cost You Plenty While accountants are reaching for aspirin, millions of Americans are reaching for some fast cash this tax season. Unfortunately, those who reach for fast cash in the form of a "refund anticipation loan" are getting hit with interest rates and fees that are out of this world. Early Distributions From Retirement Plans An early distribution from an Individual Retirement Arrangement (IRA) or a qualified retirement plan need not be a "taxing" experience. Fortunately, there are exceptions to early distributions. Home Based Business Tax Deductions Running a home based business reaps many wonderful tax deductions that other businesses some times may not claim. Unfortunately to many small business owners end up paying the government taxes every year because they are unaware or several small business deductions that are available. The Seven Deadly Tax Sins: Commonly Missed Deductions It's that time again, the April 15 tax deadline is looming large. If youre like most people, you havent gathered all of your tax records, let alone filled your return. How to Maximize Your Home Business Tax Deductions for 2005 Someone once said, 'the best way to calculate your taxes is?Honestly'. For 2005, add 'Smartly' to that and you'll get to keep more than you make. Tax Trap #3 -- IRS Penalties, Interest and Love Letters As a small business owner or self-employed person,one of the easiest ways to keep Uncle Sam off your backand out of your life is to file your forms, payments andother paperwork on time.Over the next four months there are several key datesthat you dare not forget! Here they are -- all in one place,along with links to the IRS website PDF file for thatparticular form, where appropriate. Access to E-records by Taxing Authorities: A Case for Pakistan (Part II) All tax authorities to e-commerce transactions should investigate the record retention requirements of each other's respective jurisdictions.In September 1998 Revenue Minister Dhalinal of Canada;"?Interpretation Circular 78-10RS and 779R (Book and Record Retention/Destruction) will be revised to explain the Department's views with respect to the electronic environment. Tax Investigation - What You Need To Do The knock on the door from a Tax Inspector is something that every taxpayer fears. Your immediate thoughts will be "Have I been honest with my tax returns or not". What Is Tax Law? The federal tax code is complex. This complexity generally arises from two factors: the use of the tax code for purposes other than raising revenue, and the feedback process of amending the code. Surprising Truths About Tax Preparers Choosing the right tax preparer for your business is a decision best not left until April. A former tax preparer and small business mastermind offers insights into the secret world of tax preparers. IRS Reports Tax Gap of $300 Billion The Internal Revenue Service is reporting that the difference between what U.S. Tax Tips for Home-Based Business Owners As tax time approaches, many home-based business owners begin completing their forms or paying their accountants with trepidation. This nervousness comes from two sources: a fear of being audited and a fear of having to pay a lot. Highlights of IRS List of 2005 Tax Scams Each year, the IRS lists various scams taxpayers get caught up in. The top 2005 scams include several that manipulate laws governing charitable groups, abuse credit counseling services or rely on refuted arguments to claim tax exemptions. How to Check the Status of Your Tax Refund Online So, you were pleasantly surprised to learn that you are getting a refund on your taxes. Congratulations! The question for most taxpayers expecting a return is, "Where is my refund?"Check Your Refund Status OnlineThe easiest way to check on your refund is to ask the IRS through IRS. Euro Tax Haven Threat Media reporting of a new EU savings tax directive has left many people wondering whether European tax havens could soon become obselete.The July directive requires banks throughout Europe, including low and no tax areas such as Gibraltar, Monaco, Malta and Andorra, to disclose bank account owner information to their home country's tax authority. Render Unto Caesar Once a year Canadian taxpayers are required, by law, to file an income tax return in the prescribed form: $150(1).For individuals: $150(1)(d) ITA, they must do so by April 30 of the following year, provided that they owe any taxes or if they are served with a requirement to file: $150(2) ITA. Taxation of Isle of Man Companies from April 2006 At the present time a company incorporated in the Isle of Man, owned by non-residents and which complies with the other statutory requirements, is not liable to Isle of Man taxation. Whilst locally trading companies pay tax at 18%, a qualifying offshore company pays a flat annual tax of £475 or £1,000. IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters The IRS has obtained civil injunctions against more than 100 promoters of illegal tax avoidance schemes and fraudulent return preparers in an ongoing crackdown that began in 2001. Many of the injunctions, obtained in cooperation with the Department of Justice, also order the promoters to turn over client lists and to cease preparing federal income tax returns for others. Income Tax Returns Your Accountant Should Not File You've been feeling uneasy (perhaps even guilty) becauseyou've failed to report your under the table business income. Perhaps you've never filed a tax return, even though you know you owe money.
|
| home | site map |
| © 2006 |