Taxation of the Sale of Your Home

Most home sellers are very excited on closing day. They anticipate seeing a very large check, usually the largest check they will see for any type of possession or investment they have sold. But, come the following April 15th, they should be asking their accountant whether there are any taxes that must be paid on the profit.

Giving Your Car to Charity - The New Tax Rules

The IRS has changed the regulations on donating vehicles to charities. If you donated a car last year, you need to read the following to understand the new rules.

Common Tax Mistakes

People make a lot of mistakes when it comes to their taxes... here's a few of them.

Debt and Denial - During the Tax Season

As 120 million households prepare their taxes this year Bill Mitchell asks the $64,000 question. “With the tax season deadline approaching, what election will you use to file your 2005 tax return? Married filing jointly or married with money grubbing cheating Spouse?”

10 Ways To Reduce Tax Burden For Your Small Business

An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your life, future, money or property will be in his hands.

How To Qualify As A Dependent On A US 1040 Tax Return

First, the qualifying individual must be a US citizen or national, and their marital status must be single, read the full article for more information.

What You Need To Know About 401(k)

Did you know that 401(k) suppose to help both employee and employer? Are you under simple, traditional or The Safe Harbor plan? Find out more.

Social Security Voluntary Tax Withholding

If you receive Social Security benefits did you know that you can have income tax voluntarily withheld from your check? By signing up for Voluntary Tax withholding it could make next year's tax liability easier to swallow. Here is how it works.

Using This Years Taxes to Save On Next Years Taxes

You just got done paying taxes or filing an extension and are grumpy. If you are smart, you will use this miserable event to save some cash for next year.

Tax Tips for Writers & Authors

Making a living as a writer? These tax tips could save you thousands of dollars a year.

Retiring to Cyprus

Cyprus, with its Mediterranean climate and relatively benign tax regime, has long been a popular retirement destination for the citizens of the colder and more highly taxed countries of north west Europe - especially the United Kingdom. With a change of residence, however, comes the need to review financial arrangements, particularly taxation and inheritance issues.

Tax Tips for Real Estate Investors Using IRA Funds

You've seen the advertisements and news articles. IRA funds can be used to make real estate investments. But before you jump on this bandwagon, make sure you understand some of the tax planning angles related to this opportunity.

Tax Refunds-What to Do About Them

You may not think that big tax refunds are a problem-but they can be. If you are withholding more on your paycheck than you get as a refund, then you should consider getting your withholding less and getting smaller tax refunds. The government is using your money all year without paying any interest.

Donating an Automobile to Charity? Don't Forget the Tax Deductions!

When donating an automobile to charity, you'll want to think about tax deductions. According to Publication 4303, the Internal Revenue Service (IRS) and state charity officials provide general guidelines for donations.