Taxes

Self-Employment Tax - This article addresses some of the key issues regarding self-employment tax. A careful reading of this material could make a big difference in how you think about self-employment tax.

How To Avoid Vat Inspection Problems - Trained vat officers inspect company accounts on a regular basis and know exactly the types of errors likely to be uncovered. The article explains how to avoid problems by keeping accurate accounting records and the most common mistakes businesses make.

Car Donation - What You Should Know About Charitable Car Donation - Don't let your unused vehicle go to waste just sitting around gathering rust. Get a nice tax deduction; it may be more than you think with the new tax law.

Estate Tax Saving Strategies - Estate tax planning should be done once you acquire a property above two million dollars, as this is the current limit up to which no estate tax is applicable. In case you avoid it then your beneficiaries or your heir may have to shell out 45 cents on every dollar of your estate value.

Hong Kong Urged to Reduce Corporate Taxes - Throughout the past decade, the Hong Kong government has maintained a low Hong Kong corporation tax rate, for minimizing the influence taxation has on business in general. Early in the decade, the government slashed the Hong Kong corporation tax rate slightly. However, the Hong Kong corporation tax rate has now been increased again in an effort to bolster public finances.

5 Ways to Use Your Tax Refund to Build Your Financial Future - It's easy to just go out and spend your tax refund. But you could be putting that money to good use. Here are some suggestions.

Do You Need to Make Estimated Tax Payments? - The second quarter estimated tax payment is due in less than two weeks (June 15). Do you know if you need to make estimated tax payments? The federal income tax system is a pay-as-you-go tax system. That means you pay taxes as you earn income throughout the year...

Surprise - You Have Been Audited By The IRS - One of an American citizen's worst fears is an audit by the IRS. The unlucky individual who is the target of an audit begins to conjure up images of penalties, fines, levies, or worst of all, jail time.

An Offer in Compromise - It Could Be Your Answer - We have all heard the claims of being able to settle tax debts for "pennies on the dollar". It sounds great, but does it really work? it can be a real lifesaver for those who qualify but it is not for everyone.

How to Obtain an IRS Levy Release - The IRS collects taxes on behalf of the Government. Many times, citizens do not pay their taxes on time and end up ignoring the various notices issued by the IRS due to various reasons. This can prove to be a costly mistake, since the IRS has powers to seize your bank account.