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Archive for August, 2010

What You Should Know About Corporate Income Tax

Monday, August 30th, 2010 Posted in Income tax | No Comments »

The current tax system imposed on corporations by the U.S. government is at best, a biased ... Read more..

is there a tax penalty for underpayment if I sell stock for huge capital gain december 09?

Monday, August 30th, 2010 Posted in Tax penalities | 6 Comments »

If I day trade in December and have to pay short term capital gain on 500k profit, would i have to pay a tax penalty for underpayment since I did ... Read more..

The IRS and the computer problems they are having?

Monday, August 30th, 2010 Posted in IRS problems | 3 Comments »

does anyone know exactly when all the computer glitches will be fixed and the IRS will stop changing peoples dates? My refund status is still not updated yet as well ... Read more..

Do any companies offer free or discounted tax services for students?

Monday, August 30th, 2010 Posted in Tax services | 3 Comments »

I'm a full-time college students, and it seems like there must be some way to get my taxes done cheaper than what my parents pay, which is $270 (K-1 plus ... Read more..

Learn About IRS Taxes For Individuals And Businesspersons

Monday, August 30th, 2010 Posted in IRS | No Comments »

IRS is a governmental organization that taxes the income of individuals whose gross earning meets a ... Read more..

Tax Planning Tips For Canadian Residents Buying Property In US

Monday, August 30th, 2010 Posted in Tax Filing and Planning | No Comments »

In view relevant of the provisions, which include the US Canada-US tax treaty of 1995, Canadian ... Read more..

Due Date of Filing Income Tax Return

Saturday, August 28th, 2010 Posted in Income tax | No Comments »

* Due date is the date prescribed by the department as the last date of filing ... Read more..

How to fillup Indian tax filing form ?

Friday, August 27th, 2010 Posted in Tax Filing and Planning | 1 Comment »

I need some assistance with filling up the form for Indian tax filing. I am planning to do it online. 1. I do have some amount invested in Equity, but I ... Read more..

Is there a tax deduction for purchasing a new truck in 2006?

Friday, August 27th, 2010 Posted in Tax Deductions | 3 Comments »

I was told that because I own my own business which involves me using my vehaicle that there is a tax deduction for buying a new 2007 GMC 4 door ... Read more..

Is there 401K Penalty Tax Relief in the American Recovery and Reinvestment Act?

Friday, August 27th, 2010 Posted in Tax penalities | 1 Comment »

I've searched online but can't find the details for the Stimulus. Is the 10% penalty being waved for 2008 Federal Tax Filing if I withdrew from my 401K in 2008? Read more..