tax

If Income Taxes Increase, Will Rich People Leave the USA?

If Income Taxes Increase, Will Rich People Leave the USA?

Ever since this country was founded, Americans have hated paying taxes. So it should come as no surprise then that many rich American citizens are considering leaving the country and renounce their citizenship to avoid paying those taxes. The Abroad Tax Issue The United States is one of the few countries world-wide to tax its […]


Five Steps to Take to Get the Cheapest Tax Return Quotes

Five Steps to Take to Get the Cheapest Tax Return Quotes

Image by Images Money.  If you’re self-employed or the owner of a small business, it is usually much more worthwhile outsourcing your tax return to an accountant than doing it yourself. Even if you can do it quickly and efficiently, having an accountant fill out your tax return reduces your chances of making expensive mistakes […]


5 Top Tips to Avoid a Tax Audit

5 Top Tips to Avoid a Tax Audit

We all know taxes are a necessary part of our lifestyles. We need schools, emergency services and government. What we really don’t need as small and medium business owners is a comprehensive tax audit. Tax audits are a very lengthy and involved process, which usually calls for the services of a professional, so if there […]


Five Things to Do with Your Tax Refund – Other than Spend It

Five Things to Do with Your Tax Refund – Other than Spend It

What are you going to do with your tax refund this year? If your immediate answer was “spend it,” you might want to think again. According to the IRS, the average tax refund in 2012 is $2,899. That’s certainly a significant amount of money that could buy you a lot of fun, nice things. But […]


The Smarter Way To File Your Taxes

The Smarter Way To File Your Taxes

Did you know that the average refund distributed during tax season is almost $3,000? Most of the time, that refund will go right into a savings account, but there are other ways to spend a tax refund that can boost your refund for next year, and no, it doesn’t include going on vacation or a […]


The Five Most Common Tax Deductibles for Small Businesses and the Self-Employed

In the wake of the credit crunch and many years of erosion of the old job-for life culture, more and more people are coming to the conclusion that there are no longer any advantages to be had working their guts out for someone else. Instead, self employment and setting-up your own business are becoming increasingly […]


How to Save Money During Tax Season

After the excitement and good cheer of the holidays are over, people find themselves facing another busy season – the dreaded tax season. Generally, by the end of January or the first of February, you will have received your W9s, 1099s and other income documents from your employer(s). Although your employers are in charge of […]


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