Taxes

Taxes

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 […]

Small business Taxes

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 […]

Taxes

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 […]

Taxes

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 […]

Taxes

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 […]

IT Taxes

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 […]

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 […]

Taxes

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 […]

Finance 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 […]