Taxes Archive

The trouble with Tax refunds is that everyone wants to spend them for us. Listen, laugh and if you are over-pressured, ask if the speaker is even getting a tax refund or owes money. If …

So you just got your W2 tax form and you are ready to e-file your tax return. Then you go around the Internet looking for a site to do your taxes on. When you find …

An exemption from UK value added tax (VAT) applies to the supply by an eligible body of education and vocational training. The exemption also applies to research if supplied to another eligible body. An eligible …

The tax code and law that requires a US citizen to pay income tax is one I would love to see, that which requires myself and millions of others to pay income taxes. If the …

Ready to file your personal income taxes for 2009? Or, perhaps you are not ready, and are thinking of reasons to procrastinate. Below are a few general tips for preparing your personal taxes. Hopefully, they …

Every year as December turns to January millions of Americans have two thoughts circling through their minds, what they will spend their tax refund on and the more dreaded how are they going to do …

Have you ever had a stalker? I would not want to be mistaken for a one upper, but I have an entire company stalking me. The company is H and R Block. A few years …

Filing VAT TReturns Online It contravenes the law for one to evade or even delay in submitting the VAT taxes. Today, the online technology at the Kenya Revenue Authority (KRA) makes it easier and faster, …

Normal 0 false false false EN-US X-NONE X-NONE Taxpayers will be surprised to find out how their money is taxed. Most people do not think about taxes until the tax season. In the United States, …

A transportation or flexible spending account is an employer-sponsored plan that allows the taxpayer to put aside a certain amount of money during the tax year to augment the costs incurred as a direct result …

Send Me The Bill! An Idea About Taxes According to the tax foundation tax freedom day for the year 2007 was April 30. That means we work until then just to pay our tax bill; …

The argument that if you tax something more you get less out of it has validity. however given that the world population passed 7 billion in March 2012, it would be interesting to debate that …

“To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.” That is …

WHAT TO DO IF YOU HAVE NO MONEY TO PAY TAXES BY THE APRIL DEADLINE? IMPORTANT REMINDER: None of the options discussed in this article excuses you from FILING an income tax return on time …

Anger towards the Internal Revenue Service (IRS) is nothing new, however, it never ceases to amaze me how so many people forget one critical element regarding the IRS. That critical element – the IRS does …

In America, they are called “The One Percent”. In France, they are called “Les Riches”. These are the small minority of citizens who have grabbed the vast majority of a nation’s treasury and wealth. The …

Throughout man’s time on Earth, there have been numerous quotes that reflect the state of death and taxes. Wise men have always said these are to be the only permanent aspects of life, which is …

One of the benefits many companies offer their employees is a 401(k) retirement account. A 401(k) (or 403(b) for non-profit organizations), allows you to put a cetain percentage of your pay into a retirement account. …

People are currently indirectly taxed for using the Internet. Whether you have wireless access, high speed, or even dial-up access to the Internet, you pay for a connection to the Internet. These dollars go to …

The Child and Dependent Care Credit is a non-refundable tax credit for unreimbursed childcare expenses paid by working tax payers. The Child and Dependent Care Credit was designed to encourage taxpayers to pay childcare expenses …

Okay, the worst has happened. Whether it is because of your own fault or some fickle circumstance, you owe the IRS money on previous years income. Instead of spending sleepless nights and anxious days worrying …

With tax returns going online, authorities have warned e-filers of a potential threat in relation to their tax returns. These warnings were based on the increasing number of fraudulent claims made through the online tax …

Filing a petition for bankruptcy results in an automatic stay in all new liens against property until the bankruptcy case is closed or dismissed. However, previously owed taxes are still part of the total debt …

Are We Mindless Puppets? The day was Thursday December 16th, 1773, frustrated over heavily imposed taxes, a band of men held what we know today as the “Boston Tea Party”. Had they or any of …

During tax season everyone is excited to receive their refunds. HR Block and other tax preparer services offer refund anticipation loans. Stores advertise specials hoping to lure consumers in. You may plan a much needed …

Do you have a big income tax refund coming back and are looking for ways to spend your income tax money? I will be your personal income tax refund shopping assistant, free. How about buying …

Filing your taxes online is easier than you think. Not only are there websites that allow you to do it for free, but the sites are often much easier to use than the programs that …

Understanding the tax laws is not an easy task even for the experts. Thus, tax surprises are not uncommon even when a person thinks that he or she followed all the applicable tax laws relevant …

For a person or a couple, if filing jointly, there are several requirements that must be met in order to claim the Child Care Tax Credit.  The Internal Revenue Service (IRS) refers to these requirements …

Deductible expenses are expenses which can be deducted from the taxable income. In terms of principles of accountancy, these are expenses which are incurred by you for a purpose that is in a way related …