Articles from Article Alley, tagged with "income tax purposes" http://www.articlealley.com en-us editorial@articlealley.com Qualified and Nonqualified Annuities Annuities come in many different forms. There are immediate and deferred annuities, with both fixed and variable rates. However, whatever the type of annuity, all can be classified as either qualified or nonqualified annuities. And the distinction is easy... http://www.articlealley.com/http://project.articlealley.com/qualified-and-nonqualified-annuities-2422975.html 28th March 2012 Federal Income Tax for Business The Internal Revenue Code (the IRC) is the source for imposing earnings tax on small businesses. The tax code treats each entity type a bit of different but ultimately the income tax on the company’s taxable income is payable by the small business owner. ... http://www.articlealley.com/http://josephrose.articlealley.com/federal-income-tax-for-business-2251406.html 26th May 2011 Wealth Secret - Borrowed at the Best Interest Rates to Leverage High Yield Investments Sometimes it even makes sense to borrow at a high interest rate, if the loan is for a short term; you may still end up dollars ahead. It may be worthwhile to borrow money at the best interest rates for the purpose of investing in high yield investments. T... http://www.articlealley.com/http://leecoates.articlealley.com/wealth-secret--borrowed-at-the-best-interest-rates-to-leverage-high---yield-investments-2216003.html 07th May 2011 What Are a Rental Property’s Operating Expenses? The industry standards for measuring returns to real estate investments are rate of return on equity and cash flow. To do this successfully, however, the calculation of annual cash flow must be made in a series of steps with meaningful data for gross sche... http://www.articlealley.com/http://jameskobzeff.articlealley.com/what-are-a-rental-propertys-operating-expenses-2116069.html 15th March 2011 Transfereing property in California for Estate Planning Purposes Copyright (c) 2011 Jeffrey Matsen The FLP has the double benefit of allowing the survivor's full step up of basis of the underlining partnership assets for income tax purposes after the first death and following the survivor's death the limited partner... http://www.articlealley.com/http://jeffreyrmatsen.articlealley.com/transfereing-property-in-california-for-estate-planning-purposes-2072023.html 25th February 2011 I Own and Operate a Small Business – Does the AMT Apply to Me? Among the many paperwork burdens small business owners must endure is the filing and paying of income taxes for the business. Even if no taxes currently are due because of losses, accurately computing and tracking of tax losses is a must. And, as if the... http://www.articlealley.com/http://georgebauernfeind.articlealley.com/i-own-and-operate-a-small-business--does-the-amt-apply-to-me-2044642.html 17th February 2011 Cyprus Tax Legislation AMENDMENTS TO CYPRUS TAX LEGISLATIONINTRODUCTIONThe Cyprus Parliament has voted on the 14th of December 2010 certain amendments to the following Cyprus tax laws:· Income Tax Law· Special Defence Contribution Law· The Assessments and Collection of Taxes La... http://www.articlealley.com/http://lutherjensen.articlealley.com/cyprus-tax-legislation-2028975.html 14th February 2011 Year-End Tax Deductions: How To Know If Your Charitable Contribution Is Tax Deductible One of the easiest ways to reduce your taxes is to be a generous person. Generally speaking, contributions to tax-exempt charitable organizations are deductible as an itemized deduction on Schedule A. If you do not itemize deductions on Schedule A, you ca... http://www.articlealley.com/http://waynemdavies.articlealley.com/yearend-tax-deductions-how-to-know-if-your-charitable-contribution-is-tax-deductible-1883109.html 03rd December 2010 More Tax Breaks for 2010 More Stimulus Checks, Social Security Payments & Tax Credits in 2010, 2011 and Beyond. All the tax credits/deductions & payments provided in the immense 2009 economic stimulus package will be hard to surpass in coming years. The good news is that ther... http://www.articlealley.com/http://sandilattin.articlealley.com/more-tax-breaks-for-2010-1883054.html 03rd December 2010 Negative Equity Position And Financial Housing Crisis What does it mean to "own a home"? Typically anyone who holds title to a home is considered to be a homeowner even if they have zero or negative equity in the home. By this imprecise definition of home ownership, the break up of Americans who own their ow... http://www.articlealley.com/http://felipeevans.articlealley.com/negative-equity-position-and-financial-housing-crisis-1876600.html 30th November 2010 A Brief Overview of Gas Credit Cards I don't know about you, but I sure do miss the time when you could pull up to the nearest gas station and spend about $15-$20 to fill up your gas tank. With the current US average hovering just under three dollars recently, and with the current world-wide... http://www.articlealley.com/http://toddholliday8402.articlealley.com/a-brief-overview-of-gas-credit-cards-1803532.html 20th October 2010 Car Polishing And Detailing A New Profession If you're keen on automobiles plus you take pleasure to keep it as shining clean as viable, then you have found a fresh business into automotive buffing. A vehicle polishing venture is quite in demand more than ever within today's multi-tasking times. Sta... http://www.articlealley.com/http://robpulaski.articlealley.com/car-polishing-and-detailing-a-new-profession-1799667.html 19th October 2010 Are You in Employment or Self Employment ? How does one establish if you are Self employed or an employee for tax purposes in the UK. There is no actual or legal definition of what employment or self-employment is and it is based on previous judgments which are commonly referred to as 'case la... http://www.articlealley.com/http://uktaxrefunds.articlealley.com/are-you-in-employment-or-self--employment--1476453.html 29th March 2010 What is Bootstrap Financing? Do you need to start or grow your business but have little money? Before you look to banks and similar sources of financing, why not bootstrap your way to business success? A bootstrap is a small loop of leather or other material that is found on the t... http://www.articlealley.com/http://earlewarner.articlealley.com/what-is-bootstrap-financing-1459457.html 22nd March 2010 Cultivating Donor Relationships In The Nonprofit Community Nonprofit professionals continuously search for potential donors who believe in the organization's mission and are willing to donate money to support it. All too often, however, the organization lacks an organized system to cultivate meaningful relationsh... http://www.articlealley.com/http://coachsharon.articlealley.com/cultivating-donor-relationships-in-the-nonprofit-community-1391261.html 11th February 2010 Top reasons why you should buy a new home There are a variety of reasons why you should buy a new home although the entire process of buying a new home may appear scary. The pride of ownership may appear emotional and egoistic, but it is undoubtedly the number one reason why people crave to buy a... http://www.articlealley.com/http://jeffadams2.articlealley.com/top-reasons-why-you-should-buy-a-new-home-1346943.html 14th January 2010 Home Business as a Tax Shelter This means that you must earn a considerable income, pay your income taxes first, and then use what is left to pay all your expenses. Some employees may be able to write-off some of their employment related expenses, if such are required by their contr... http://www.articlealley.com/http://jakesaab2.articlealley.com/home-business-as-a-tax-shelter-1320362.html 04th January 2010 Who may claim the minor child as a Tax Exemption in Rhode Island by a RI Divorce Lawyer Pursuant to Rhode Island Law, who is entitled to claim the minor child or children as Dependency Exemptions for Federal tax Purposes? If there is no indication in a Divorce Final Judgment or Decision Pending Final Judgment or Property Settlement agreem... http://www.articlealley.com/http://davidslepkow.articlealley.com/who-may-claim-the-minor-child-as-a-tax-exemption-in-rhode-island-by-a-ri-divorce-lawyer-1294574.html 14th December 2009 Win a Rightful Tenant - Save Your Property What kind of a tenant would landlords look for? He should be some one who pays his rent on time and also takes care of the landlord's property well. He should not cause any damage to contents which are left for use by the landlord. How can he assure of th... http://www.articlealley.com/http://arushkeerthi.articlealley.com/win-a-rightful-tenant--save-your-property-1287773.html 10th December 2009 10 Questions To Answer Before You Hire A Senior Home Care Agency When you need senior care at home using an elder care agency may make you feel somewhat more secure, but there are still several questions you should ask before you hire a senior home care agency. If the answers you receive make you uncomfortable in any w... http://www.articlealley.com/http://dangreenwood.articlealley.com/10-questions-to-answer-before-you-hire-a-senior-home-care-agency-1093292.html 17th September 2009 Choosing and Using Credit Cards Credit cards are convenient, but they're also dangerous. A lot of people ruin their financial lives by turning the phrase "charge it" into a reflex. It's a real problem, but this article explains how to make good use of credit cards and how to choose a go... http://www.articlealley.com/http://www.articlealley.com/choosing-and-using-credit-cards-1079288.html 11th September 2009 Offshore savers urged to come clean Since the recession started hitting consumer's pockets, making the most of your money has become something of a national obsession. With interest rates plummeting to all time lows, even those conscientious enough to save have had to spread their net f... http://www.articlealley.com/http://graemeknights.articlealley.com/offshore-savers-urged-to-come-clean-1040897.html 19th August 2009 Know Why You Must Avail An EPC! If you are a landlord and are looking forward to rent out your property, it is advisable you get an EPC. You can get an EPC at a competitive price. From 1 October 2008, landlords have been placed under a legal obligation to provide prospective tenants wit... http://www.articlealley.com/http://kirthy.articlealley.com/know-why-you-must-avail-an-epc-995958.html 23rd July 2009 Salary sacrifice - Add More to Your Super Salary sacrificing into super means foregoing a portion of your gross wage or salary as an extra contribution into your super, which in most cases is contributed on top of the Super Guarantee (SG) contributions you receive from your employer. It's one of ... http://www.articlealley.com/http://hughmcinnes.articlealley.com/salary-sacrifice--add-more-to-your-super-934436.html 13th June 2009 How you can Supplement your income from Land you Own Managing land and property can sometimes be difficult; other times just a hassle for you to do it. If you could give this job to someone else, would you? There is an option to get a chartered surveyor to do this as they provide services like this so it ta... http://www.articlealley.com/http://spotbiddle.articlealley.com/how-you-can-supplement-your-income-from-land-you-own-863236.html 17th April 2009 Tax Planning Techniques Copyright (c) 2009 William Piner Fighting the Alternative Minimum Tax Many more of you find yourselves in this predicament. What can you do? Who can you call? Well, those dashingly handsome financial super heroes are here to serve. If you are using ... http://www.articlealley.com/http://ronpiner.articlealley.com/tax-planning-techniques-797356.html 24th February 2009 Estate Management in Rural Farms - How making the most of land is important to get a good profit Managing land and property can sometimes be difficult; other times just a hassle for you to do it. If you could give this job to someone else, would you? There is an option to get a chartered surveyor to do this as they provide services like this so it ta... http://www.articlealley.com/http://spotbiddle.articlealley.com/estate-management-in-rural-farms--how-making-the-most-of-land-is-important-to-get--a-good-profit-748366.html 09th January 2009 Rural Farm Uses - How to change the use or make more from your land Telecommunication masts offer great potential to a land owner as a quality source of revenue that will not impact the environment other uses may do. To venture into putting telecommunication masts on your land you will need to firstly promote the site to ... http://www.articlealley.com/http://spotbiddle.articlealley.com/rural-farm-uses--how-to-change-the-use-or-make-more-from-your-land-725547.html 17th December 2008 Real Estate Investing, Fixing, And Flipping -- What Are They And Which Is Better? Real estate investing, fixing, and flipping might sound the same, but they are very different things. They all can be a risk, but they can also be profitable options when using properties to make an income. All three methods are intended to make money, bu... http://www.articlealley.com/http://christineokelly.articlealley.com/real-estate-investing-fixing-and-flipping--what-are-they-and-which-is-better-715463.html 08th December 2008 Solving the LLC versus S Corporation Riddle New business owners sometimes wrestle with the question, "limited liability company versus an S corporation," as they think about starting a new business. But that's too bad. Because the question is surprising easy to answer... The Answer is Always "LL... http://www.articlealley.com/http://stephenlnelson.articlealley.com/solving-the-llc-versus-s-corporation-riddle-707259.html 02nd December 2008 Some Important Points for New Van Leasing When buying a van for your business you need to be clear about the finance methods - this fall within two categories: owning or hiring. Finance Lease is a hiring method. Finance Lease is ideal for individuals or businesses that want to have all the benef... http://www.articlealley.com/http://newvanleasing.articlealley.com/some-important-points-for-new-van-leasing-637849.html 15th September 2008 Mileage Log - The IRS Increase in the Mileage Deduction Makes It More Critical! Your mileage log has just gotten that much more important for you if you are keeping track of your mileage for income tax purposes here in the United States. That's because, as of July 1, 2008, the tax deduction for business mileage has been increased ... http://www.articlealley.com/http://johnmann.articlealley.com/mileage-log--the-irs-increase-in-the-mileage-deduction-makes-it-more-critical-628169.html 08th September 2008 A CPA's Tips for Incorporating in Nevada Thinking about incorporating your business or investment in Nevada? Consider these seven tips to make the process easier, to minimize mistakes, and to avoid trouble. Tip #1: Don't choose Nevada unless you operate in Nevada Let's get this first tip o... http://www.articlealley.com/http://stephenlnelson.articlealley.com/a-cpas-tips-for-incorporating-in-nevada-589329.html 24th July 2008 Seven Great Tips for Incorporating in Florida New small businesses often decide to consider the incorporation option, and that's logical. Incorporating a small business usually reduces the business owner's legal liability and often saves the business owner (and any outside investors) quite a bit in t... http://www.articlealley.com/http://stephenlnelson.articlealley.com/seven-great-tips-for-incorporating-in-florida-586028.html 23rd July 2008 Paying the Owners of a Limited Liability Company A tricky question that new limited liability company bookkeepers often have concerns how to record correctly the payments made to the owners. Are the payments wages, for example? Partnership draws? Or something else entirely different? Limited liabilit... http://www.articlealley.com/http://stephenlnelson.articlealley.com/paying-the-owners-of-a-limited-liability-company-570970.html 07th July 2008 IRS Dictates Employee Withholding Amounts The IRS has set up a program where it can dictate to an employer what an employee can withhold from their paycheck for Federal Income Tax purposes without any input from the employee and without a court order. Under the new Withholding Compliance Progr... http://www.articlealley.com/http://charlesread.articlealley.com/irs-dictates-employee-withholding-amounts-202425.html 16th August 2007 Low Cost Auto Insurance California California auto insurance have established a program for low income residents so as to make sure that everyone has and can afford auto insurance. This program will assist to eradicate the number of drivers that are uninsured from the road, and consequentl... http://www.articlealley.com/http://fatalus.articlealley.com/low-cost-auto-insurance-california-198759.html 07th August 2007 Single Member LLC: Charging Order, Creditor Claims, Pass-through Recently I've run across some significant issues with the single member LLC's with courts handing down noteworthy judgement decisions in favor of creditors using the theory of "fraudulent transfers" and "civil conspiracy." I ran across two such individual... http://www.articlealley.com/http://roccobeatrice.articlealley.com/single-member-llc-charging-order-creditor-claims-passthrough-153633.html 30th April 2007 Parts of an Income Statement, Part 3 While some lines of an income statement depend on estimates or forecasts, the interest expense line is a basic equation. When accounting for income tax expense, however, a business can use different accounting methods for some of its expenses than it uses... http://www.articlealley.com/http://johnugoshowa.articlealley.com/parts-of-an-income-statement-part-3-125279.html 31st January 2007