New Tax Forms in 2015

New Tax Forms in 2015

2015 is a new year and there are a few new tax forms to go along with it, as well as a new line on Form 1040, thanks to the Affordable Care Act. Form 1095-A, the Health Insurance Marketplace Statement, and Form 8962, the Premium Tax Credit (PTC) form, are […]

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Necessary Tips for Taxpayers According to New Budget Cut

Necessary Tips for Taxpayers According to New Budget Cut

We should prepare for difficult year, and it will be tough for taxpayers and the Internal Revenue Service as well. The financial assistance that is given by the federal agency is now proposed for fewer taxpayers, because there are fewer employees who are specialized in such a help. That is […]

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Tax Advice for Small Businesses

Tax Advice for Small Businesses

As a small business owner, you don't always have access to the tax advice that bigger companies get. I've decided to put together a basic information pack for the small time business owner and employer, to give you a window into the savings you could be making. Good luck! Running […]

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IRS and You: The Most Common Red Flags that Make You Their Target

IRS and You: The Most Common Red Flags that Make You Their Target

Those dreaded auditors at the IRS have you in their sights. Unlikely? In reality…yes. It is unlikely. But just because you're paranoid doesn't mean that they're not out to get you. Although barely one percent of Americans get audited each year, there are certain red flags that the IRS agents […]

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Tax Evasion Is A Serious Problem, Contact A Tax Firm Immediately

Tax Evasion Is A Serious Problem, Contact A Tax Firm Immediately

Canadians can face a difficult time fighting tax problems for non-compliance, which has become a pressing concern. Tax evasion isn’t the average crime. It attracts hefty fines and penalties should a citizen impose a violation. If you're facing threats from the Canada Revenue Agency for failing to file an adequate tax […]

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Taxes and Bankruptcy in the News

Taxes and Bankruptcy in the News

Not long ago the comedian known as Sinbad (a.k.a David Adkins) filed for bankruptcy. ABC News reports that Sinbad failed to pay state and federal taxes in the past and, as a result, was forced to seek bankruptcy protection. This will be Sinbad's second bankruptcy filing, the first one occurring […]

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How to Control Ocean Freight Charges

How to Control Ocean Freight Charges

While the standard consumer may only think that increasing fuel charges only affect the average motorist, the unfortunate truth is that they are the reason behind many of the price increases on our favourite domestic products. International businesses are being hit hard on shipping costs and if recent news reports […]

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Misconceptions about Novated Leases

Misconceptions about Novated Leases

Everyone knows someone who simply has to weigh in on every topic of conversation, regardless of whether or not they actually know anything about what is being discussed. Who knows why they do it. Maybe they think they know everything and want to share their wisdom. Maybe they are maliciously […]

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What Payroll Software Should Your Business Use?

What Payroll Software Should Your Business Use?

Maintaining payroll systems can require long hours and tedious work. As a business grows and the number of employees increases, tracking things like sick pay, tax deductions, insurance benefits, and maternity pay and wages can become an overwhelming task. Most companies that have only a few employees choose to do […]

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How to File Back Taxes

How to File Back Taxes

Do you have an income? Have you been consistently filing your tax return every year on time? If not, just know that though they may be slow to act, the IRS is a highly efficient government agency and you risk facing fines, penalties, and even criminal prosecution if you fail […]

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Chinese Ecommerce Sites Potentially Face Huge Tax Woes

Chinese Ecommerce Sites Potentially Face Huge Tax Woes

E-commerce has radically changed the way retailers conduct business and how people shop for the products they both want and need. It has also forced government entities to reconsider the methods they use to tax online retail businesses, in the United States and globally, and China’s e-commerce market is bringing […]

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The Dummies Guide To Property Taxes

The Dummies Guide To Property Taxes

State, county and municipal governments need revenue to provide services for their residents. To pay for schools, roads, maintenance, police and fire protection, among other things, revenue must be raised in the form of taxes. Though some may use income and sales tax as a form of revenue collection, property […]

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