Taxation News


Wage Garnishments - When the IRS Comes Down on You Hard

We are extremely money dependent. I probably don't have to tell you that, but you may not realize just how quickly you will need it when it is gone. This is why the wage garnishment is such a powerful tool when wielded like a battle axe in a Lord of the Rings movie by the IRS.


How To Get a Live Person at the Georgia Department of Revenue

It's that time of year again folks, and if you live in Georgia, that means another wait for your tax refund check from the Georgia Department of Revenue. As a former "insider" I am frequently asked, "How can I get in touch with a live person at the Georgia Department of Revenue?"


The Sales Tax Holiday - A Bad Idea

First, for consumers, the concept is a little bit deceptive. The ads tout big savings on items you buy during the holiday. However, if you think about it, the savings are minimal. Consider that purchasing $100 worth of exempt merchandise saves you only $7 in most of Georgia's counties. Whoopee.


Paying Online Sales Tax Doesn't Have to Cost a Fortune

Almost all tax payers would say that the process of paying taxes is one of the most tedious and less-liked activities that they can imagine and paying sales tax for an online business is not exempted from the common misconception. When the issue pertaining to taxes and your online business arise, you usually take it negatively which would in turn end up in a negative note. However, if you decide to change the way you think and turn your negative approach to a positive one, then you would surely realize that paying online sales tax is not a taxing job at all.


5 Tips to Help You Get the Most of Your Tax Filing and Refunds

Don't wait until this year's deadline for tax filing and tax refund has ended. Avoid putting it off because you're intimidated by doing all that paperwork. It's important that you file your taxes as soon as possible so you avoid the penalties that can suck your money dry. We need to be smart and know that filing taxes protects us and our money, so here are several tips to help you get started on getting those tax forms done.


Enrolled Agents Help Settle Your Tax Debts With the IRS

Enrolled Agents are great representatives when filing an OIC. Enrolled Agents are admitted to practice by the IRS and can do so nationwide, unlike attorneys and CPAs. In order to become an Enrolled Agent, one must pass the Special Enrollment Examination, also referred to as the EA Exam.


What Is Tax Domicile and Does It Automatically Change If You Move From Country to Country?

Thinking of moving to Spain? How will this affect your domicile? In essence, your 'domicile' is the country which you consider to be your permanent home. This does not necessarily equate to your country of birth, nor to the country in which you happen to be living at present. Thus if you move to Spain from the UK you will not automatically obtain a Spanish domicile as you many not intend for this to be permanent and may well retain your original domicile. Domicile should not be confused with residence, which is a far more transitory concept.


Tax Strategies - College Funding Today is Worth More Than College Money Tomorrow

Utilizing tax Strategies can help you win monies now to pay for college expenses today. It is a money move that will pay off for those families that are not familiar with the financial aid process.


Tax Issues and Getting Professional Help When Needed

San Antonio, Texas is home to many of the most profitable businesses in the United States, this is because of the ability to save on state taxes. These businesses enjoy a huge advantage on the ability to limit the amount of taxes they are paying. Individuals also enjoy the ability to keep a larger portion of their income because the state will not take income taxes.


When Is Disclosure to the CRA Voluntary?

The Voluntary Disclosure is a program offered by the Canada Revenue Agency and enables tax payers to disclose undeclared income and avoid penalties. The process involves two stages. First the taxpayer must make an application to the CRA under the Voluntary Disclosure Program.


Why Would You Buy a Tax Lien?

There are many reasons for wanting to try Buying Tax Lien in today's struggling economy. While it's a difficult time financially for many citizens of the United States, it's also time for an amazing opportunity to make decent money if you are fully aware of the particular opportunities available to you. Many are missing out on so many forms of endeavors simply due to lack of information, and also due to greedy people who desperately want to keep any and all money making secrets to themselves.


Breaking Tax News For Dentists!

In a case closely watched by tax professionals, a district court has ruled that the amount received by a dentist shareholder on the sale of his professional service corporation was improperly allocated to personal goodwill. The court held that the personal goodwill was in fact a corporate asset.





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