Article Center

Home|Article Center|Taxes

Browse Taxes Articles

Choosing the Right Tax Solution: Accounting Services vs. Tax Software

No one likes doing taxes, but today there are software options and professional services that can take the edge off of the pain. Internet-connected software gives you hands-on satisfaction without worrying about formulas and math. Accounting professionals do even more of the heavy lifting, leaving you time to enjoy the money you’ve earned.

more...
Greg Lindberg, Corporate Tax Network - Apr 2013 - Personal Taxes
How to Get the Mitt Romney Tax Rate

A great deal of coverage was given to Mitt Romney’s income taxes during the last election cycle. Given the high-profile nature of the office he was seeking, the scrutiny could be expected. What might not be, is the fact that Romney came by his tax rate by investing soundly and using the system to his advantage. more...

Gary Milkwick, Corporate Tax Network - Feb 2013 - Personal Taxes
Mega Migraines: The IRS and the Lottery

Many of us have bought a ticket or two, especially when the jackpot is hitting upwards of hundreds of millions. But whether you’re in it to win millions in the state lottery or double your money at the local casino, your earnings may likely have tax implications. Know what to expect—just in case you get lucky. more...

Corporate Tax Network Staff - Jul 2012 - Personal Taxes
Ways to Help Maximize Your Tax Return

Need help getting the most out of your taxes? It helps to have good software or a professional tax accountant on your side, but nothing beats the odds like planning ahead with these simple strategies. more...

Corporate Tax Network Staff - Mar 2012 - Personal Taxes
10 Celebrities Convicted of Tax Evasion

Despite tax evasion being a serious crime that can bring steep penalties and even jail time, there are still those who try to avoid paying their taxes. As we finish up our own taxes this tax season, here are 10 high-profile tax evasion cases that are a reminder of what can happen when you don’t pay your taxes—even to the rich and famous. more...

Geoffrey O’Brian - Apr 2011 - Celebrity Lawsuits
LLC or LP: What's Best for Your Business?

With so many business formation choices available, how do you decide what's best for your business? What are the differences and benefits? Find answers to common questions in our comparison of LLCs and LPs. more...

Stephanie Paul - Feb 2011 - Starting Your Business
9 Helpful Tips to Get Organized for Tax Time

With tax season around the corner, it’s never too early to start getting organized. That way, you can avoid the headaches and stress of waiting until the last minute. These nine tips can help get you started and make sure you have what you need to file your taxes on time. more...

Michelle Fabio, Esq. - Jan 2011 - Personal Taxes
Understanding the Gift Tax

While December is the season of giving, it’s also the season of estate planning. That’s because December is the last month of the year to take advantage of the low gift tax rate. So while you’re planning what gifts to give, you can think about giving gifts of your estate, which can help reduce the potential estate tax burden to your family in the future. more...

Heleigh Bostwick - Dec 2010 - Estate Taxes
What’s Happening with the Estate Tax?

Since 2001, the federal estate tax has been dwindling down to nothing. But beginning next year, the estate tax is scheduled to return—hopefully, not with a vengeance. Get the latest on the estate tax rate, Congressional action and the proposed exemption rate. Plus a little-known tip that the federal estate tax isn’t the only one you have to worry about. more...

Michelle Fabio, Esq. - Dec 2010 - Estate Taxes
Tax Breaks and Incentives for Small Business Set to Expire

Small business is as the heart of the nation’s employment, paying nearly half of America’s payroll and generating more than half of the new jobs over the last year and half. Yet continued pessimism and a steady erosion of our position internationally has caused concern. Lawmakers recently passed a slew of tax cuts and incentives to boost small business growth. While some changes are permanent, others are set to expire by the end of 2010. more...

C. Yoder - Dec 2010 - Running Your Business