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IRS Warning Taxpayers About New Email Scams By : Richard A. Chapo If you have an email account, you know about all the scam emails you get. Scammers are getting braver and using the IRS name in their new tactics. Strategies For Limiting Taxes If You Are Your Own Boss By : Richard A. Chapo Self-employed individuals always cringe at the amount of taxes the pay to the IRS and state. Here are tax strategies for self-employed individuals that reduce those tax amounts. Innocent Spouses And The IRS By : Richard A. Chapo Historically, tax issues arising from bad marriages fell into the category of “better or worse” for marriages. The IRS granted no innocent spouse tax relief, but has changed its views. Your Appeal Rights When Fighting The IRS By : Richard A. Chapo Are you in the middle of a disagreement with the IRS? One of the guaranteed rights for all taxpayers is the right to appeal. If you disagree with the IRS about the amount of your tax liability or about proposed collection actions, you have the right to ask the IRS Appeals Office to review your case. Understanding Marketing Tax Deductions By : Richard A. Chapo Marketing is a necessary expense in running practically any business and the IRS acknowledges as much. You may run advertisements on or in the Internet, radio, television, magazines, newspapers and other media to sell your products or services. You should be deducting all of the associated costs on your tax returns. Per Diem Rates and Business Taxes By : Richard A. Chapo The tax code for the United States is over 50,000 pages. Buried in this code is the subject of per diem rates, a topic that can save businesses money on their taxes. Battling the IRS By : Richard A. Chapo There was once a song about battling the law and losing. Fortunately, battling the IRS is possible and sometimes inevitable. Your Home Based Business Tax Deductions By : james lowe Your home based business tax deductions are a very important part of your business that must be worked on all year long. Tax Records - What You Should Keep And For How Long By : Richard A. Chapo Many taxpayers are confused about how long they should keep tax records. If you are one of the unlucky few to be audited, these records will be vital to fending off the IRS. Deducting Alimony Payments By : Richard A. Chapo Over 50% of marriages end in divorce in the United States. Many divorce decrees include provisions for the payment of alimony. The IRS takes the position that such payments constitute a form of income and create an alimony tax deduction for the person making payments. Tax Issues for Self-Employed Individuals By : Richard A. Chapo The United States is a nation of entrepreneurs. There are literally tens of millions of self-employed individuals that enjoy pursuing their dream business. Of course, few of you enjoy the paperwork and confusing tax issues that arise from owning your own business. Write-Off Bad Business Debts On Your Taxes By : Richard A. Chapo Practically every small business has receivables that it cannot obtain from clients. For those small businesses that suffer from uncollected receivables, solace can be taken from the fact you can claim a tax deduction. Use Your House as a Tax Shelter By : Mika Hamilton A good tax shelter is hard to come by, but the perfect shelter may be right in front of your eyes. Most people do not realize that that the government allows us to use our homes as a way of collecting a tax deductions, credits, and benefits. What Can You Write-Off When Paying Your Workers? By : Richard A. Chapo As your business grows, you are going to need help. This help comes in the form of employees and independent contractors. What you can write-off is dependent upon how your helper is classified – as an employee or independent contractor. Need a Copy of Your Tax Return Information? By : Richard A. Chapo Taxpayers have two easy and convenient options for getting copies of their federal tax return information — tax return transcripts and tax account transcripts — by phone or by mail.
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