http://www.articlealley.com en-us editorial@articlealley.com Although you may be used to waiting until April to worry about your taxes, this could be a big mistake. Many tax breaks are secured through actions taken before January 1. And guess what – it is already November and the holidays are just a few weeks awa... http://www.articlealley.com/article_1251305_19.html 24th November 2009 If you own a business or are self-employed, then you are probably used to the idea of tax planning throughout the year. However, even if you are a regular wage-earning employee and do not have to worry about making quarterly payments, you should still get... http://www.articlealley.com/article_1236647_19.html 17th November 2009 The Obama Administration and leaders in Congress are quietly working on ways to further stimulate the economy. With unemployment rates continuing to climb, and a housing tax credit due to expire in a few weeks, there is pressure on the White House to do s... http://www.articlealley.com/article_1236644_19.html 17th November 2009 Whether or not the economy is improving, one fact remains the same: families all over the country are struggling to make their mortgage payments. Depending on your unique financial situation (the value of your home, changes to your income, missed payments... http://www.articlealley.com/article_1223198_33.html 09th November 2009 The IRS offers three (3) different payment options when it comes to the Offer in Compromise: Lump Sum Cash Offers, Short Term Periodic Payment Offers, and Deferred Periodic Payment Offer. However, the difference in these payment options is not solely the ... http://www.articlealley.com/article_1223189_19.html 09th November 2009 For most of us, the scariest thing in life is not a ghost, vampire, or witch, but a letter from the IRS. To celebrate the Halloween season, we have compiled some of the scariest IRS horror stories. They may not cause you to lose any sleep, but should at l... http://www.articlealley.com/article_1208684_19.html 30th October 2009 As the deadline to claim the first-time homebuyers credit gets closer and closer, more experts are predicting that Congress will pass some type of incentive extension within the next few weeks. In fact, there are reportedly over 5 bills currently being co... http://www.articlealley.com/article_1208671_33.html 30th October 2009 One of the groups being hit the hardest by the recession are elderly taxpayers. Recent studies are even showing that many retired citizens are being forced to rejoin the competitive work force in order to make ends meet. Some people mistakenly think that ... http://www.articlealley.com/article_1182532_19.html 16th October 2009 During the magical time of year known as tax season, millions of US taxpayers scurryabout to prepare their tax returns for eventual filing. However, since the 1040 filing process can be very complex, it is not surprising that taxpayers make mistakes when ... http://www.articlealley.com/article_1182520_19.html 16th October 2009 Everyone knows it is important to keep your tax related documents should you be audited. However, most taxpayers are unsure on which specific documents should be kept, and which are safe to get rid of. To help our readers looking for help with this topic,... http://www.articlealley.com/article_1169504_19.html 13th October 2009 Unfortunately, nearly any reforms on cap and trade will have a direct effect on taxpayers. This could be especially troubling in a time where many families in this country are already struggling to get by. American Clean Energy and Security Act of 2009... http://www.articlealley.com/article_1169488_19.html 13th October 2009 Early in the year Congress enacted an $8,000 tax credit for first time homebuyers purchasing a house between January 1st and November 30th of this year. As you can tell, that November deadline is just around the corner. In order to qualify, your house mus... http://www.articlealley.com/article_1158096_19.html 07th October 2009 If you are having problems with the IRS or find yourself owing thousands of dollars in unpaid taxes, then you may want to get help from a tax lawyer. When you retain a tax lawyer, you are hiring someone to fight the IRS on your behalf. With an advanced kn... http://www.articlealley.com/article_1158080_19.html 07th October 2009 Now that the popular Cash for Clunkers (CFC) program has ended, consumers can no longer take advantage of a $3,500 or $4,500 rebate towards the purchase of a new car. However, the CFC program was just one of the many incentives the government has setup to... http://www.articlealley.com/article_1122249_19.html 25th September 2009 When seeking help with your taxes, it is important to seek out the highest quality tax services possible. If you make the mistake of going to an unqualified tax preparer then it could result in hundreds, or even thousands of dollars, in missing credits an... http://www.articlealley.com/article_1122236_19.html 25th September 2009 An Individual Taxpayer Identification Number (ITIN) is a tax number issued by the Internal Revenue Service (IRS) for the sole purpose of filing tax returns (and it is not related to the United States Custom Immigration Service or the Social Security Admin... http://www.articlealley.com/article_1105123_19.html 22nd September 2009 As the health care reform debate continues, it seems like television commercials and e-mail blasts are going out left and right to either promote or discredit the bill. To help people confused by some of the claims being made in these advertisements pleas... http://www.articlealley.com/article_1105115_19.html 22nd September 2009 In today’s troubled economy more and more homeowners are finding themselves unable to make their mortgage payments. Regardless of the reason, American homeowners have the option of negotiating a modification to their mortgage loan in order to avoid fore... http://www.articlealley.com/article_1101393_19.html 21st September 2009 As the country’s economy continues to lag, and more and more jobs are being cut, thousands of families are turning to loan modifications to stay in their homes. Unfortunately, there is a lot of confusion in the industry. Pro: Avoiding Foreclosure ... http://www.articlealley.com/article_1101377_33.html 21st September 2009 With all the attention being given to Obama’s health care reform campaign, and Congress’ bill that includes a hefty tax increase to pay for it, I began thinking about tax rates and increases throughout American history. To put the pending tax rate cha... http://www.articlealley.com/article_1077397_19.html 10th September 2009 Back to school season is in full swing, and if you are a teacher or educator then you may qualify for valuable deductions. Specifically, through the Educator Expense Deduction, the IRS allows qualifying teachers and educators to deduct up $250 worth of un... http://www.articlealley.com/article_1077388_19.html 10th September 2009 Foreclosures are running rampant across the country. According to recent studies, an estimated 1 out of every 300 households was forced into foreclosure last month. If you have not witnessed a foreclosure, you may think the only people affected are the ho... http://www.articlealley.com/article_1072412_19.html 07th September 2009 One of the most confusing parts of IRS back taxes is whether or not they can be discharged through bankruptcy. To help anyone considering this option, please enjoy the following article explaining taxes and bankruptcy. Chapter 7 vs. Chapter 13 The t... http://www.articlealley.com/article_1072407_19.html 07th September 2009 Starting up your own business is stressful enough with out having to worry about the poor economy. However, you should not let a bad economy stop you from going after your dreams. With the right guidance and preparation, your dreams of being an entreprene... http://www.articlealley.com/article_1058241_19.html 31st August 2009 Making a mistake on a business tax return can result in thousands of dollars in unnecessary fees and penalties. However, by following a few simple instructions you can easily avoid the most common business tax mistakes. 1. Independent Contractors Sinc... http://www.articlealley.com/article_1058230_19.html 31st August 2009 Making a mistake on a business tax return can result in thousands of dollars in unnecessary fees and penalties. However, by following a few simple instructions you can easily avoid the most common business tax mistakes. 1. Independent Contractors Sinc... http://www.articlealley.com/article_1058229_19.html 31st August 2009 Citizens of the United States and resident aliens must pay taxes on their worldwide income regardless of where they are living. However, citizens and resident aliens living abroad are afforded certain “tax breaks” for income earned in foreign countrie... http://www.articlealley.com/article_1045509_19.html 21st August 2009 As the recession continues more and more charitable groups are struggling. However, even if your income has gone down there are still plenty of ways to remain charitable. 1. Do NOT Spread it Out A lot of people who are used to donating to multiple c... http://www.articlealley.com/article_1045483_19.html 21st August 2009 Health care reform has been a hot topic as of late in Washington. Most of the debate has focused on how to pay for it. With the federal government already having spent record sums to bailout financial firms and the auto industry, and having borrowed even ... http://www.articlealley.com/article_1029625_19.html 11th August 2009 Imagine you just struck it rich at the casino… now you have all of this “easy” money that you can waste on anything. Just remember that the IRS is not going to let you get away without paying taxes on those funds. So before you head to the casino, o... http://www.articlealley.com/article_1029610_19.html 11th August 2009 In addition to helping out other government agencies in the country, the Federal government has also spent billions of dollars bailing out banks, insurance companies, and U.S. automakers. With all of this spending, you would think the government would hav... http://www.articlealley.com/article_1017229_19.html 04th August 2009 Before the Internal Revenue Service (IRS) accepts a taxpayer’s Offer in Compromise, or places his balances in Currently Not Collectible status, or agrees to an Installment Agreement, they will first request a Collection Information Statement (CIS). The ... http://www.articlealley.com/article_1017220_19.html 04th August 2009 There has been a lot of talk about offshore tax evasion in the news lately. Especially in regards to UBS and new offshore tax evasion enforcement efforts between the U.S. and Switzerland. Unfortunately, many taxpayers do not pay much attention to these is... http://www.articlealley.com/article_1000275_19.html 27th July 2009 “IRS” and “audit” are probably two of the most feared words in the English language, but they do not need to be. Unless you excessively lie on your tax return, your odds of getting audited are actually very slim. 1. Be Prepared Technically, ev... http://www.articlealley.com/article_1000268_19.html 27th July 2009 Businesses and organizations that have W-2 employees are subject to payroll taxes. These “payroll” or “employer” taxes are separate and apart from any income tax the taxpayer may be liable for. In other words, businesses and organization must pay ... http://www.articlealley.com/article_988101_19.html 18th July 2009 As the recession continues, more and more Americans are seeking to negotiate with the creditors to forgive their debts. However, unlike mortgage debts, forgive credit card debts can lead to serious tax problems and even IRS tax debts. Let’s be hones... http://www.articlealley.com/article_988095_19.html 18th July 2009 Are you already worried about trying to save for your children’s future education related expenses? In today’s economy, millions of taxpayers are struggling to pay their bills let alone save up for future bills. It may seem overwhelming to be thinking... http://www.articlealley.com/article_980587_19.html 16th July 2009 Now that the stress of school and finals is over for college seniors, these recent graduates will now have to take on the stress of real life finances, and taxes. However, with the right information and guidance tax planning can be surprisingly easy. 1... http://www.articlealley.com/article_980576_19.html 16th July 2009 The summer season brings vacations, birthdays, graduations, and parties, which all cost extra money. However, there are several ways you can save this summer to survive this recession. Adjust your Withholdings The average taxpayer overpays the IRS by ... http://www.articlealley.com/article_973318_19.html 09th July 2009 A bank levy is another method the IRS uses to collect a back tax liability from a taxpayer. It can cause taxpayers unnecessary financial hardship, but there are numerous options to get one released. The IRS sends the levy notice to the taxpayer’s ban... http://www.articlealley.com/article_973279_19.html 09th July 2009 With a new president in charge, and the economy in a full recession, there are lots of changes being made to the US tax code. It can be confusing trying to deconstruct some of these changes. It is even more difficult to figure out which ones will benefit ... http://www.articlealley.com/article_964363_19.html 04th July 2009 To help anyone wondering if they should to make a payment please consider the following answers to the most common questions about estimated quarterly tax payments. Who needs to make estimated quarterly tax payments? According to the IRS, “in mos... http://www.articlealley.com/article_964345_19.html 04th July 2009 The tax world is full of jargon and enough acronyms to make your eyes cross. Its no wonder so many people are confused about the difference between a tax lien and a levy. The term “levy” is used to describe a number of collection methods the IRS em... http://www.articlealley.com/article_953512_19.html 28th June 2009 Finding a notice of an IRS tax lien in the mail can be a scary and intimidating thing. However, there are several steps you can take to overcome the situation and prevent the IRS from taking any further action against your property. Unfortunately though, ... http://www.articlealley.com/article_953508_19.html 28th June 2009 The war on tobacco—through cigarette taxes in particular—is almost as old as the concept of taxation in general. However, the history of taxes on tobacco products in America is particularly interesting, as the battle itself intrudes on what many feel ... http://www.articlealley.com/article_939125_19.html 16th June 2009 The war on tobacco—through cigarette taxes in particular—is almost as old as the concept of taxation in general. However, the history of taxes on tobacco products in America is particularly interesting, as the battle itself intrudes on what many feel ... http://www.articlealley.com/article_939124_19.html 16th June 2009 There have been many instances throughout United States history where citizens and taxpayers have stood up to revolt against taxes they felt were being unfairly imposed. Recently, we saw the libertarian and conservative inspired “Tea Party” rallies on... http://www.articlealley.com/article_939118_19.html 16th June 2009 There have been many instances throughout United States history where citizens and taxpayers have stood up to revolt against taxes they felt were being unfairly imposed. Recently, we saw the libertarian and conservative inspired “Tea Party” rallies on... http://www.articlealley.com/article_939117_19.html 16th June 2009 Now that tax season is over, American taxpayers across the country are wondering what to do with their refund checks. In a struggling economy, the best place to start is at home. Buy Local Produce When you purchase locally grown fruits and vegetables,... http://www.articlealley.com/article_929164_19.html 12th June 2009 The country’s poor economy is making life hard for people of all ages, but for some senior citizens living in this country it may feel like things have gotten especially difficult. Many are finding themselves behind on their taxes, leading to penalties ... http://www.articlealley.com/article_929160_19.html 12th June 2009