Category Archives: Uncategorized

Related to 2010 Taxes but doesn’t fit directly into a category.

TurboTax CPA Select

TurboTax CPA Select

Every year most everyone has to prepare their taxes and often it is confusing and a pain to do; however, with TurboTax, the hassle is taken out of preparing taxes. For example, with Turbo Tax, you have many deductions to consider but the hassle is taken out by answering preset questions and then answering them. As you answer the questions, a display will show you on the total refund amounts.

If you have questions as you work on TurboTax, you can get help from an email, the phone, on a message board or talking with a … Read the rest

Do I Really Need to Hire a Tax Consultant?

If you ever start your own part time business, keeping track of your finances is one of the needed keys to a successful business. In addition, learning how to read the tax laws is important as it allows you to keep your hard earned money. However, since the tax laws change frequently, it’s a good idea to hire your own professional tax consultant. It saves you on hassle and if you find a good one, they will do their job better than you ever could. So if you want your business to run smoothly, learn how to find a … Read the rest

Strategies for Settling Tax Debt

Every taxpayer has several options for resolving his federal tax debts. There are many tax professionals who are willing to help individuals to evaluate their options for dealing with tax debts. They will prepare financial statement for their clients based on their financial situation to determine which tax settlement strategies are most applicable for them.

Below are the five strategies to settle your tax debts.

1. Installment agreement –  This is a monthly payment plan for paying off your Internal Revenue Service. With this IRS tax debt settlement strategy, either you or your tax professional can set up an … Read the rest

Self Employment Means More Taxes

Everyone now days wants to make money from home so they can spend more time with their kids. It seems the Internet is on everyone’s mind as the best way to accomplish that and it is indeed probably the best way. However, have you ever considered what it might mean for you tax wise if you are successful in starting your own home business?

Most people who start out to make some extra money online only make small amounts by maybe going to one of the surveys for money websites. They make $50 to $100 or less and then give … Read the rest