30 May 2007
Zoning, Laws, and Taxes Affecting Your Home-Based Business
Tip! Employment Taxes: Home-based workers who employ others must comply with many additional tax requirements. IRS Circular E, Employer’s Tax Guide, covers the federal regulations, and your state tax agency can inform you of state requirements fo...
27 May 2007
Limited Liability Companies and Taxes
Tip! Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes.
Over the last 30 years, limited liability companies have become a very popular choice as a business entity among smal...
19 May 2007
Congressional Democrats and Republicans Talk Taxes
Tip! Invest in your children’s names. Your kids can each earn up to $700 in investment income without paying any taxes if they are over fourteen.
The Democrats are pointing at the Republicans, and they are pointing back. Both sides of Congress t...
09 May 2007
Understanding the Taxes Imposed on Your Telecom Bills
Tip! Make sure you pay in enough taxes to avoid penalties. Uncle Sam charges interest and penalties if you don’t pay in at least 90% of your current year taxes or 100% of last year’s tax liability.
Taxes and tax-like charges can add as muc...
30 April 2007
Taxes for Day Traders and Investors
Tip! Do file your taxes before April 15. Extensions give IRS more time to review your return since it is not filed during the season rush.
Whether you are an active day trader or just put money into the market for long term gains, taxes are something ...
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