No matter where you turn this day someone seems to be talking about tax avoidance. Schemes like Liberty and Icebreaker (which sound like the names of military operations) had many high-profile clients whose names have since been publicly divulged. Gary Barlow, George Michael, and Katie Melua all made the headlines for their involvement with these...
Category: Tax Saving
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What Does A Tax Relief Company Do For You
Every business and wage earner is required to file a tax return and a good taxpayer will have no problem with the IRS. However, certain unexpected circumstances in our lives make us renege in our obligation of paying taxes to a point that we become buried in the problem of tax debt and find it...
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Top Places To Retire In The United States
Many Americans wonder where to retire in the United States, especially as acquiring proper immigration documentation associated with retiring abroad might not be totally realistic. There are ample places for retirement in the United States that can help you live the lifestyle you want. Below is a list of the top places for retirement in...
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Combating Identity Theft And Tax Fraud
As tax season rolls around it is extremely important to secure your customer’s personal identifying information to protect them from identity theft. Identity theft, especially when it relates to filing your taxes, can be crippling for a person’s finances and land them in a nightmare situation filled with a maze to go through with the...
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Everyday Advice From The World’s Smartest Financial Minds
The world of investing can be scary to those who are new to investments or have had a bad prior experience. A person who invested in the Standard & Poor’s index of 500 selected stocks (S&P 500 index), a broad-based measure of the market, at the end of 2006 and who exited the market at...
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How To Protect Yourself From Tax Relief Scams
We must be very watchful when it comes to tax relief. Allow me to jog up your mind a little before I go any further because I know you are dealing with the burden of catching up on your back taxes. But what if you fail to pay tax? Your first reaction is to panic....
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Overcoming The Fear Of Doing Your Own Taxes
It’s easy to see why the idea of filing your own taxes may be a daunting prospect. There are different forms with seemingly random numbers, countless tax codes written in minuscule fonts, and vast numbers of black and white pages. The sheer length of the 2013 edition of the Standard Federal Tax Reporter—nearly 74,000 pages—is...
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How To Fill Out Tax Forms To Get The Best Deductions
F.J. Raymond is credited with saying, “Next to being shot at and missed, nothing is quite as satisfying as an income tax refund.” While this may be a bit of an exaggeration a large tax refund can indeed make you feel like Christmas came twice. Nobody takes great pleasure in filing income tax forms. But...
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What Happens To Taxes And Insurance In 2014?
What Happens To Taxes And Insurance In 2014? As President Barack Obama enters his last two years of presidency, many Americans are wondering what kinds of new taxation and insurance changes to expect for the future. Throughout the next year, there will be several new changes that all taxpaying citizens of the United States will...
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Nine Ways To Be Prepared Against Always Changing Tax Laws
Clients ask about how they can be prepared against always changing tax laws. One of the certainties of modern taxation is constant, unending change. Perusing the Congressional Budget Office’s (CBO) “Reducing the Deficit: Spending and Revenue Options”, convinces any thoughtful person that changing tax laws are inevitable. Preparing for new tax laws while considering how...