In certain years a blanket assessment is enacted resulting in a re-assessment of property taxes. Often inaccurate “quick” values are concocted. Many times adjustment is enacted using a multiplier factor to adjust these values. Little time is allocated to this rendering of property value.

Small business taxes can be substantially decreased with proper planning. For example, I have started a home based travel business. As a tax accountant I know that, through proper structuring, I can now deduct our family vacations.

Debit cards are associated with checking accounts. Consumers can use them as credit cards if they contain a Visa or MasterCard logo on them. They don’t incur fees like a credit card does because they are backed by the amount of money in the account. With that said, are debit cards as good a choice as they seem?

During tax season, there is much talk of rapid refunds. Such refunds are indeed rapid, putting money in your hands almost instantly. But they come with some undesirable results as well. This article will present all the details of rapid refunds so that you can make an informed decision.

Tax return preparation is very difficult for most people even if you are going to a trained professional like my self. Often deductions are missed simply because the taxpayer has not thought of them and the tax preparer has not asked. Here is a list of the most commonly missed tax deductible items.

Teens are literal people. When you offer them a job for a certain amount of money, this is what they expect to receive. In the world of work, this is not the case. Teaching your teen about taxes can make the transition less of a shock.

by Richard A. Chapo
Adjusts Mileage Deductions As Fuel Prices Spike
We are from the IRS and we’re here to help you. Most people would smirk at such a statement, but the agency is actually very proactive when taxpayers face a universal issue like the current spikes in gasoline prices.
One of the great deductions available in the […]

These days everything can be done online. Listening to and acquiring music is now mainly the domain of the internet and so is a lot of other things such as ordering items, playing games and meeting new people. But lo and behold, the advent of new technology can make even such things as filing taxes a whole lot easier. You can now file taxes online!

With more wealth in the world today than any time in man’s history that means there are many people with crippling tax burdens who seek out the relief that can be found through the use of offshore tax havens. The best jurisdictions for investors today are Switzerland and Panama due to their rock solid banking secrecy laws and advantageous tax laws that encourage foreign investment.