Debt Settlement – What About The Income Taxes?

December 22nd, 2008

If debt seems to be on your mind quite often in recent months, there’s a high probability that you’ve looked into your options and found that debt settlement is growing in popularity as an alternative to bankruptcy. This is especially true since the new bankruptcy law went into effect back in
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IRS Audits and the Percentages

December 21st, 2008

For most Americans, the mere suggestion of an < >IRS audit is enough to require the changing of the pants. So, what percent chance do you have of an < >IRS audit? < >IRS Audits and the Percentages Relax; the percentages of < >IRS picking you for audit are very small if you have filed your taxes
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The History of Income Tax

December 17th, 2008

They say death and taxes are the only two certain things in life. Alas, this wasn’t always the case. Well, at least for the income tax. The History of Income < >Taxes Our great nation came into existence in fits and starts. Following the revolt against the British, a federal government was
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Home Business Legalities And Tax Advantages

December 11th, 2008

Even if you work out of your home, most cities and/or counties require you to have a business license and/or permit. Check with your local government municipalities to find out what the requirements are for where you live. Depending on where you live, you should be able to get this information
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Tax Records - What You Should Keep And For How Long

December 9th, 2008

Many taxpayers are confused about how long they should keep tax records. The term “tax records” refers to your tax returns and the documents that support the information in the returns. These documents can include receipts, bank statements, 1099s, etc. If you are one of the unlucky
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