With the end of the year quickly approaching, you might be wondering how to estimate federal taxes. This information will also help you going into a new year so that you can withhold more money from your paychecks if needed so you can avoid having to pay more. The Tax Crisis...
So How Long Do Tax Liens Stay On Your Credit Report? Good news – tax liens are no longer part of credit reports. Tax liens used to be appear on your credit reports, but in 2017, all 3 credit reporting agencies implemented changes to eliminate civil judgment records (that a...
There are so many ways to define patriotism and paying taxes is one of them. Each financial year, you are required to file your taxes without fail. Looking at the implications of failing to pay such as loss of property, heavy financial penalties, and sometimes prison...
Each new tax year, there are changes that affect you as a taxpayer. Sometimes, the advantages that you use to enjoy get scrapped off. In other times, new rules are introduced which may either lower or increase your tax bill. So, it’s up to you to ensure that you are brought up...
Are you the type that always has an outstanding high-interest debt that you can find ways to pay up? Do you often over withdraw what you have in the bank because of unnecessary expenses? Do you find it difficult to understand where most of your money go? If the answer to any of...
When operating a small business, each penny counts. So often, reducing the taxes is the difference between making profits and suffering a loss. You have to pay taxes; there’s no argument about it. However, you have to be smart about it lest you risk losing a significant part of...
When it comes to welcoming the new year, it’s all about making new resolutions. It’s likely that you are pledging to hit the gym in the new year if you are having a problem in managing your weight. It’s also likely that you are promising to volunteer in community charity...
Each year thousands of us fall into this pattern: we spend and spend, buying the gifts we think our loved ones need for the holidays. Then we find ourselves surrounded by unopened boxes, torn wrapping paper and - you guessed it - panic over how we'll pay off the debt or pay our...
Fіlіng small buѕіnеѕѕ tаxеѕ іѕ аn іmроrtаnt рrосеѕѕ fоr every buѕіnеѕѕ, аlthоugh іt’ѕ еnjоуаblе tо vеrу few. In fасt, ѕоmе flаt-оut drеаd іt. Thе рrоblеm іѕ thаt ѕоmе buѕіnеѕѕ оwnеrѕ thіnk оf tаxеѕ оnlу іn thе wееkѕ leading uр tо thе Aрrіl 15 deadline. But thеrе іѕ a lot mоrе...
A back tax is a tax on one's earned income that has not been paid in the year in which it was due. Back taxes tend to accumulate interest and penalties the longer they aren't paid. Taxpayers can have back tax at the federal, state and/or local levels. Unpaid back taxes can be a...