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Check Out These Simple Solutions To Starting A Business At Home

TweetShareSharePin0 SharesCheck Out These Simple Solutions To Starting A Business At Home Launching a home business can be a great way to achieve the freedom and independence you have always wanted. But the only way to succeed is to educate yourself about the process and potential hazards involved. Put the following tips to work, and

Tax Checklist If You Are Getting Married

TweetShareSharePin0 SharesTax Checklist If You Are Getting Married It may not be high on the list of wedding planning activities, but there are a few simple steps that can help keep tax issues from interrupting your newly wedded bliss. If you recently married, check out your new tax situation. You might save money or even

Appraisers lower costs for federal tax savings on small property depreciation

TweetShareSharePin0 SharesAppraisers lower costs for federal tax savings on small property depreciation Tax savings through cost segregation is no longer out of reach for investors in small and medium size properties. With appraiser expertise, fees for analysis are often one-third to one-half lower than those charged by traditional preparers. Several years ago a definitive court

Federal Refunds

TweetShareSharePin0 SharesFederal Refunds A Federal refund is one you may be entitled to for many reasons. The most common one that everybody tends to think about is for their income tax. The rules continue to change as to what you will be eligible for. Some people end up getting a few hundred dollars back. Others

IRS posts ARPA credit FAQs

TweetShareSharePin0 Shares The IRS posted two sets of FAQs to its website on Friday, explaining changes to various credits made by the American Rescue Plan Act (ARPA), P.L. 117-2. New Child and Dependent Care Tax Credit FAQs discuss changes made by ARPA that increased the maximum amount of work-related expenses for qualifying care that may

Global Minimum Tax: Questions for Global Tax Reform

TweetShareSharePin0 Shares There has been some confusion about how some parts of the recent G7 agreement on new tax rules for multinational companies might work. The new policies would target the largest and most profitable multinationals and bring in a global minimum tax. The G7 agreement is subject to further debate and further agreement at

Fiscal Session Finishes Strong with Tax Reform

TweetShareSharePin0 Shares It took until the last day of the session, but Louisiana lawmakers succeeded in passing a tax reform package Thursday that would simplify a complicated tax code and make the state more economically competitive. Because these measures are reliant on constitutional amendments, voters will ultimately decide the success of the plan in October.

Mind the Growing Tax Gap

TweetShareSharePin0 Shares Treasury: Tax gap could grow to $7 trillion over ten years. Treasury estimates that the difference between how much Americans owe in taxes and how much they pay will grow to $7 trillion over the next decade. Deputy Assistant Secretary Mark Mazur says a  growing gap results in higher tax rates, and urged

Mobile Home Tax Deductions

TweetShareSharePin0 SharesMobile Home Tax Deductions People who choose the cost-efficient mobile home lifestyle can save even more money with specialized tax breaks. Owners of mobile homes who pay taxes to local government for parking in their cities or states are eligible for a tax deduction. Under IRS rules, a “home” can be a house, condominium,

What Is The Fair Tax And Why Should You Care?

TweetShareSharePin0 SharesWhat Is The Fair Tax And Why Should You Care? The U.S. Federal Income Tax Code is a tax on the income of American companies and citizens enacted by the government. The U.S. Constitution gives Congress the power to impose taxes, duties, imposts, and excises. The purpose of the Tax Code is to provide
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