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Taxes : Business & Finance
What is a Defendant? What Does a Defendant Do?
What is a defendant in a business lawsuit? What does a defendant do?
How to File W2 Forms Online
A W2 is a tax form that shows what you have earned and what taxes have been paid for the year. You can file your own W2 forms from the year, or the W2 forms of your employees as part of your federal taxes, which can be filed online. Federal taxes include information from the W2s, as well as other in
How to Calculate the Child Tax Benefit
Someone who has a child or sibling who meets the qualifications of a dependent can file for a child tax benefit on Internal Revenue Service Form 1040 and receive tax deductions. Though determining how to calculate child tax benefits can be a daunting task, the IRS provides the Child Tax Credit Publi
How Long Do I Have to Pay IRS After Filing for an Extension?
No matter how much an effort you make to get your income tax returns filed on time, there are always a variety of life circumstances that could intervene. If you have filed an extension or you need to know how long you have to file just in case the situation presents itself, you should make yourself
Understanding Hong Kong Tax Rules (Part 1): Profits Tax
Hong Kong tax rules are not very complicated. However, many people are confused when preparing their tax returns because there are not many guidelines around. In this series of articles, we will explain some key concepts and rules for Hong Kong taxes.
Reasons Why You Want to Hire a Certified Public Accountant
With the economic fallout we are facing now, we want to save as much money as we can and we want to do every little thing on our own. There are some things though that are better off being handled by an expert like our taxes.
Tax Treatment of Non-deductible IRA Contributions
Individual Retirement Accounts (IRAs) are personal retirement accounts that provide tax benefits for saving for retirement. IRAs are accounts that you set up and manage independently of your employer. Non-deductible IRA contributions refer to contributions made to a traditional IRA that you are unab
How to Obtain a Past Employer's Tax ID Number
When it comes to filing your taxes, you'll need complete and accurate information about your earnings including your past employer's Tax Identification Number (TIN). The TIN, otherwise known as an Employer Identification Number (EIN), is a nine digit number that the Internal Revenue Service (IRS) us
How to Donate Your Car in Northeastern Illinois
When you have a vehicle in northeastern Illinois that you no longer want or need to keep, selling the vehicle on your own is not your only option. Instead of selling the car, you can donate it to a local charity. By donating your car to a charitable organization in northeastern Illinois, you can cla
Evaluating Potential For Franchise Profit
As you go into business for yourself, one question is likely to weigh on your mind above all: what's the profit likely to be? While it just isn't possible to ever be certain of what
How to Apply for a State Tax ID
A state tax ID is a number issued to businesses operating in states that collect a personal income tax. This number is reported to employees on Internal Revenue Service (IRS) Form W-2 after the end of each tax year and to contractors on Form 1099. This number is issued separately from tax numbers us
Tax-Deductible Donations to Goodwill
Making a donation to Goodwill® is one way to do good while giving yourself a tax break. The IRS allows you to claim an income tax deduction for many financial donations made to Goodwill, as well as gifts of clothing and household items that are in good condition. You can also donate larger items
Video: Watch How to File a 1040EZ Tax Form
Video Transcript
We've been through the entire Form 1040EZ, except for the refund section where we have the section under "11B", the routing number and the account number for the refunds. And this is the same whether you're a single or a joint filer, so you would get a check from your...
American Opportunity Credit Helps Pay for First Four Years of College
More parents and students can use a federal education credit to offset part of the cost of college under the new American Opportunity Credit. This credit modifies the existing Hope credit for tax years 2009 ...
Everything you should be mindful with regards to Internal Revenue Service Installment Agreements
One can find ample amounts of Internal Revenue Service Payment Plans and Internal Revenue Service Solutions provided to repay debt due to the IRS. A widespread tactic utilized by a lot of people to se
How to Report K-1 Amounts on Taxes
If you invest in a partnership, at the end of the year you should receive a Schedule K-1 from the partnership administrator. Although the form can seem complex, it is simply a listing of your share of the partnership's income, deductions and credits. As you would with any other year-end tax form, su
Federal Income Taxes Deductions
When calculating your federal income taxes, one way that you can lower your tax liability is with the use of tax deductions. These are allowed for a number of expenses, and they have the potential to drastically reduce the total amount of money that you have to pay the Internal Revenue Service.
How to Pay Taxes in Kentucky Counties
Nobody likes doing it, but paying your taxes is a necessary evil if you want to avoid the possibility of heavy fines or imprisonment. If you live in Kentucky, but as is also the case in many other states, you can pay business and personal taxes online. The process of doing so is quick, straightforwa
April 15 - Triple Tax Day for Businesses and Employers
April 15 is triple tax day with three different taxes due: small business taxes on Schedule C along with personal return, estimated taxes for small business owners, and March payroll tax deposit must be made by April 15 for monthly payers.
Offshore ConsultantsThe Benefits Of Offshore Company Formation
Do you want to increase the amount you earn?Offshore consultants can help you do this by helping you to restructure your accounts offshore meaning that you can legally pay less tax and increase your income.Contact Offshore Consultants today for free offshore tax advice.