Taxes
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Existing Homeowners now Eligible for Tax Credit
The IRS is now providing a tax credit of up to $6,500 for many homebuyers for a limited time, subject to restrictions. Purchasers need to act quickly. more...
Pros and Cons of Borrowing from a 401k
Borrowing from a retirement plan provides cash for current needs, but may reduce the money available later. It is important to consider options carefully. more...
Itemized Deductions for State and Local Taxes
The Internal Revenue Service allows a tax deduction for state and local taxes if a taxpayer itemizes. Knowing the rules can increase refunds. more...
Tax Deduction for Vehicle Donation to Charity
Taxpayers can still get a deduction for donating a vehicle to charity, but are limited to the fair market value for that particular car or boat. more...
Progressive, Regressive and Flat Taxes
Taxpayers in the U.S. are assessed based on a progressive tax system, where rates increase as income rises. Flat tax systems are another alternative. more...
Tax-exempt bonds pay a lower interest rate, but can benefit the holder when calculating taxes. Buying at the right price brings a better return. more...
Tax Credits, Exemptions and Deductions
Taxpayers need to be able to understand tax terminology concerning exemptions, deductions and credits to get the full amount of their refunds. more...
All feature articles in Taxes
IRS Offer in Compromise to Settle Back Taxes
By: Manny Davis
Heard of an Offer In Compromise? Trying to resolve or settle taxes with the IRS? Get the facts about an Offer In Compromise. more...
By: Erek Barsczewski
Governments regularly lose both individual corporate income tax revenues due to a variety of methods involving low-tax countries or territories known as tax havens. more...
Tax Attorneys – Hire a Business Tax Lawyer
By: Alia Luria
When hiring a business tax attorney, look for a professional with the proper education, prior successes, and certifications to handle a tax plan or help with IRS relief. more...
By:
Annalise Kaylor
Tax attorneys work with individuals, couples, and businesses in the specialty of tax law. A good tax lawyer understands the complex and ever-changing rules of tax law. more...
Easier IRS Filing With Federal Income Tax Help
By:
Victoria Nicks
The Internal Revenue Service website offers federal income tax help, free tax forms and help with online tax filing. The IRS provides tax help and tips for consumers. more...
Energy Tax Credits for Home Improvements in US
By:
Robin Montanye
Until December 31, 2010, these home improvements will save homeowners on their taxes in the form of a credit directly to the amount of taxes owed, not a deduction. more...
Road Tax and Why the Name is Wrong
By: Anthony Robson
Road Tax has entered the public lexicon as a source of much complaint. But that complaint is often based on a basic misapprehension. Road Tax simply doesn't exist. more...
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