Tax Law

The death of a loved one is an overwhelming experience. As a result, filing taxes for the deceased person, or decedent, is the last thing on many family members' minds. A surviving spouse, the...

The IRS taxes amounts paid to an unemployed worker. The government pays money to the worker as unemployment compensation to replace lost income. During the period the unemployed worker does not...

If you plan to purchase a home that will qualify you for either the $8,000 first time home buyer or $6,500 repeat home buyer tax credit, you should begin planning immediately. While you cannot...

If you disagree with a tax penalty assessed to you by the Internal Revenue Service (IRS), you may file an appeal. There are many ways to appeal an IRS penalty, ranging from informal conferences...

Some, but not all, of the funds you receive from a settlement must be reported as taxable income. The Internal Revenue Service (IRS) determines whether the income is taxable by evaluating what...

The Internal Revenue Service taxes crude oil and other petroleum products to pay for oil spills. A tax affects domestic and imported products. Refinery operators and petroleum shippers who enter...

A tax attorney works with taxpayers to tackle their tax problems. They help taxpayers defend themselves against IRS tax audits, because normally an average person does not have enough tax law...

Getting that letter from the IRS that says they have assessed an additional tax on your tax return is never pleasant. And quite often, it can be scary. It may be that you claimed a deduction...

Don’t want to go through all the aggravation of selling your old car or junking it? Why not donate a car to charity? When you do a car donation, your charity will come pick up your old car...

Forensic agents are investigators who are involved in the field of forensic science. They can be crime scene investigators, evidence technicians or crime scene photographers. Their duties can...

United States citizens or resident aliens who live and work abroad must file a U.S income tax return. Those living in a foreign country are eligible to receive an extension of the filing deadline,...

Filing your annual tax return can be a frustrating and nerve-wracking experience. However, you may be eligible for a refund on your last return. A tax refund, sometimes referred to as a tax...

Paying taxes can be a complicated and sometimes stressful experience. Because of the sheer complexity of the process of filing tax returns, occasional mistakes are made. It is not uncommon for an...

A P11D Form is a tax form that British employers file for each employee and director of their companies, detailing all expenses paid out from the company to the individual employee. Also known as...

You can set up your own payment plan with the IRS without help, and here is how. This is not difficult, just a little time consuming and patience wearing... this is the IRS now.

No one likes to file taxes. If you've withheld Federal taxes or failed to file for whatever reason, doing so can be an even more stressful experience. Failing to file for your Federal income taxes...

Whether you are a part-time or a full-time artist, you will need to report any earnings from your art. By keeping good records and operating in a businesslike manner, you can deduct your expenses...

Pay-Related Social Insurance (PRSI) is a major income tax in Ireland that allows employees and their employers make a weekly contribution to fund three important social programs: Social Insurance...

So you are a business owner. For whatever reason, you did not pay your 941 quarterly employment taxes. The IRS is now threatening to assess the Trust Fund Recovery Penalty against you in an...

How To Settle Your (1040) Tax Debt Pro Se (Representing Yourself)!

Income earned on assets held in a revocable living trust is reported and taxed as if it was earned directly by the settlor of the trust. The Internal Revenue Service (IRS) considers a living trust...

Filing taxes can be difficult, starting with what form you should use for your situation. If you are forgoing the use of a tax preparer this year, you may need help figuring out exactly which one...

April 15th is like d-day to many people who dread filing their taxes. It's a chore that some of us put off until the absolute last second, and then frantically try to finish before the deadline...

Title 26, Section 501(c) of the United States Internal Revenue Code (26 U.S.C. § 501(c)) allows certain types of organizations to be exempt from some federal taxes. Obtaining 501c status is a...

If you use your vehicle in business and your employer reimburses you for all or part of your vehicle expenses, the tax treatment of the reimbursement depends on whether you are reimbursed through...

Many people find themselves falling behind in paying their income taxes or employer withholding taxes. In fact, you would be surprised how many people don't even file their taxes on a regular...

A VAT registration number is a unique identifier given to businesses within the European Union. If a business is selling non VAT exempt goods or services and makes over £68,000 per annum in...

The tax code is a complex system of laws and regulations. With over 9,400 pages in the tax code, it can be intimidating and frustrating to navigate. However, within these pages are important laws...

Are you afraid of making a mistake on your taxes? Are you afraid that you already have? Don't worry. There is a simple procedure to correct your tax return. You can file an amended tax return...

If you had capital gains while a resident of the United States, you are almost certainly subject to capital gains tax. Capital gains tax rates are significantly lower than income tax rates (the...

What could be worse than a visit to the dentist? How about determining which of your dental expenses qualify as a deduction on your personal taxes? A step-by-step approach will help you not only...

The more you make, the more you can give. It seems obvious, but actually the IRS limits the amount anyone can deduct for charitable donations based on their income. Those with high incomes not...

If you had capital gains during a tax year in which you were deemed a resident of Canada, you are probably subject to Canadian capital gains tax. Nevertheless, deductions are available under...

Correctly calculating Income Tax and National Insurance is a must for every U.K. taxpayer. Underpayment of your taxes could get you into trouble with Inland Revenue, and overpayment might not be...

There are many financial and tax vehicles created in the United States in which you can invest your pension. Some of them are tax deductible, such as traditional IRA, and some not, such as Roth...

Mortgage payments and income taxes are two of the biggest drains on the pocketbook of the average person. Thankfully, the U.S tax code allows interest paid toward a mortgage to be deducted from...

Tax amnesty is a relatively rare occurrence. From time to time, a state might seek to collect short term revenue from unpaid income, sales, use or franchise taxes. A relatively brief window,...

Tax time is here again and you have collected all of your W-2, W-4, 1099, and other assorted IRS forms and paperwork and are attempting to file your taxes. You and your spouse have been married...

If your employer fails to provide you with an accurate W-2 form in time for you to file your tax return on time, you may have to use your paystubs to determine your income and prepare your return....

If you would like to report a person who doesn't pay payroll taxes, one way to do that is to visit the IRS website and complete form 3949-A. After completing the form you will need to print it and...

It is possible to write some taxes off, but you must have documentation. In addition, you need to determine if it is the best option for you.

The possibility of losing your home is one of the most frightening events that can occur in life. An impending tax foreclosure can strip you of your residence even if your mortgage payments are...

You have just started a new home business, went to your accountant filed the proper paperwork for a taxpayer identification number (TIN), or Employer Identification number (EIN), but now when you...

It's that time of the year again: the time when most of us dread because we have to fill out dull paperwork... and if we're really unlucky- have to pay money in taxes owed to the government. Not...

If you’ve received a letter or phone call from the IRS, you may want a tax attorney familiar with the facets of U.S. tax law to review your case, respond to the IRS audit and negotiate to lessen...

If you have a tax debt that you need help resolving, consider calling a tax relief attorney. The important thing is to choose one that have a record of successes. Here is what you should do when...

Reduce your US federal income taxes by year-round income tax planning during the tax year and by utilizing little-known but legal tax-saving strategies.

Owning a share in a mutual fund means you also “own” some of the taxes that go with that investment. That also means trying to determine how much the taxes might be. When adding or...

According to the National Taxpayers Union (NTU), more than half of all homeowners should apply to reduce their property tax bill. They estimate that as many as 60% of homes are over-assessed due...

Buying mutual funds is a smart way to invest in the stock market for those who want instant diversification and professional management, but buying into the wrong fund or buying at the wrong time...