Article Center

Browse Taxes Articles

The Internal Revenue Service continues to grant tax breaks to business owners for their expenses while entertaining clients. Half of those costs are deductible as long as they are not lavish or extravagant and are ordinary and necessary to the promotion of your business. This seems to be a straightforward enough. more...

- - Other Tax Topics

With the current uncertainties in the housing marketing and the credit crunch this past year, everyone is looking to save wisely. And, if you are getting ready to file your 2007 taxes, you will want to take advantage of every available tax break. Here are a few tax deductions that will make filing a little easier on your pocketbook this year. more...

- - Personal Taxes

Many people don't realize that an old sweater in the closet or even that used sedan in the driveway can reap major tax benefits. There are many tax deductions you may have overlooked that are laying around the house or while performing your day-to-day activities. more...

- - Personal Taxes

One of the biggest issues a small business owner must face is if and when to incorporate or create an LLC. Here is a breakdown of the advantages and disadvantages to help you evaluate which may be right for you. more...

- - Corporate Law

Have you ever sat in church listening to the sermon and wondering what constitutes a church? Probably not. But the question is a valid one-at least from the perspective of the federal government, and on occasion, other entities. Why? Primarily because churches are granted tax-exempt status under the law. more...

- - Other Tax Topics

There's a quiet revolution taking place in the world of commerce. Tens of thousands of people are buying and selling items on eBay, and many make hefty profits by running an eBay store. The eBay business model has moved beyond a virtual garage sale. Are you ready to cash in? more...

- - Starting Your Business

Now's the time to start thinking about your 2008 taxes. To get the maximum savings, you need to act before the end of the year. more...

- - Personal Taxes

Now that 2007 is coming to a close, every small business owner needs to be thinking about how to use deductions come tax time. From the obvious (office equipment) to the not so obvious (coffee), here are ten write-offs that can help reduce your taxes. more...

- - Running Your Business

Although many taxpayers get lost in the myriad of IRS forms and rules (the IRS sends out 8 billion pages of forms and instructions each year) one thing is simple to understand - you don't want to pay taxes. The good news is, the more tax deductions you take, the lower your tax liability will be. If you itemize your deductions using a Schedule A, read these five tax strategies to will help lower your taxes and beef up your refund check from dear old Uncle Sam. more...

- - Personal Taxes

Tax audits can be terrifying. We all dread the very thought of filing our taxes so the nightmare that our records could be further investigated sends many of us into orbit. As April looms near, it is important to remember that about 1 to 2 percent of all tax returns are audited each year. So how do you avoid becoming one of the statistics? Although there is no surefire bet, here is a short list of red flags to avoid. more...

- - Business Taxes