As a business owner, you also need to be aware of the types of taxes that you have to pay. You do not have to pay all the taxes discussed in this article because the other taxes varies depending on how you operate your business such as whether you are selling products, hiring employees, or operating as a corporation or sole proprietorship. But the one common tax that every … [Read more...] about Home Business Start-up: Tax Payment Issues
1%, it seems so little and potentially, a regular person may think that it is very immaterial. However, when you apply it to your finances, this one percent makes a big difference!! The Effect on Your Savings Have you ever heard of the Rule of 72? It is a simple estimation to determine the number of years your money would double given a certain rate of return. The concept … [Read more...] about Why You Should Fight For Every Percent You Can Get on Your Finances
My wife just sent her application for US citizenship last month and I'm really surprised on how expensive it is nowadays. The application fees have increased throughout the years as Â now the cost is $680 ($595 for the N-400 form application and $85 for the biometric fingerprinting). It seems that almost every year the fees are increasing since just ten years ago, the fee was … [Read more...] about Applying for and Benefits of a US Citizenship
Education is very important for families because it provides unlimited opportunities for individuals who have one. The government knows this so as much as possible they would like to help by providing numerous education tax credits and deductions to both the people who are pursuing it and for the people that are teaching or providing the education. There are 5 most commonly … [Read more...] about 5 Education Tax Credits and Deductions You Don’t Want To Miss in 2010
Did you know that $1.1 billion unclaimed tax refunds are about to expire soon? The IRS just recently announced that these refunds are expiring on this year's tax deadline, which is April 18, 2011. The law requires that the return be properly addressed, mailed and postmarked by that date. If you are one of those people who have not filed your 2007 tax return yet and you expect … [Read more...] about $1.1 Billion Tax Refunds Expiring Soon! Are You One Those Who Have Not Claimed It?