Taxes
Happy Birthday To The Income Tax!
Did you know the federal income tax celebrated its 92nd birthday on October 3rd?In February of 1913 the 16th Amendment was ratified by the required two-thirds of the states. Read more →Health Savings Account
A health savings account is a tax-free savings account similar to an individual retirement account. It is designed specifically to pay for medical expenses. Read more →Health Savings Accounts (HSAs) Mean Big Tax Savings
Concerned about the high cost of healthcare? Worried that your insurance doesn?t cover all your costs? Fortunately, a partial solution may be just around the corner. Read more →Help Me Prepare My Taxes
Nothing leads to more gnashing of teeth than the thought of preparing your own taxes. Fortunately, there are people out there that do it for a living.Here Are My ReceiptsIf the thought of preparing your own taxes makes you queasy, don? Read more →Helpful Tax Tips For Federal And State Tax Returns
Each year there are millions of Americans who prepare their own federal and state tax returns and even more individuals have their taxes professionally prepared. Read more →Here's Some Interesting Tidbits About the Annual Gift-Tax Exclusion
Here are some interesting tidbits about the annual gift tax exclusion that you should be aware of:1. No gift taxes are imposed on the first $12,000 in gifts that you make to any person during 2006. Read more →Highlights of IRS List of 2005 Tax Scams
Each year, the IRS lists various scams taxpayers get caught up in. The top 2005 scams include several that manipulate laws governing charitable groups, abuse credit counseling services or rely on refuted arguments to claim tax exemptions. Read more →History Of The Federal Income Tax
The powers of Congress, and the limitations set upon those powers, are set forth in Article I of the United States Constitution. Section 8 specifies both the power to collect, "Taxes, Duties, Imposts and Excises," and the requirement that, "Duties, Imposts and Excises shall be uniform throughout the United States. Read more →Home Based Business Tax Deductions
Running a home based business reaps many wonderful tax deductions that other businesses some times may not claim. Unfortunately to many small business owners end up paying the government taxes every year because they are unaware or several small business deductions that are available. Read more →Home Based Business: Your Ultimate Tax Shelter
Starting and operating your own home based business is the ultimate tax shelter.Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions. Read more →← Previous Next →
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Aphorism
If you take money out of your left pocket and put it in your right pocket, you're no richer.
Merton Miller
