For as long as there have been taxes, there have been people who try to avoid paying them, which is certainly the case in California. However, the Franchise… Read More
A new California tax collection requirement mandates that large out-of-state retailers, such as Amazon.com and Overstock.com, collect sales taxes on all online purchases made by customers in the… Read More
The IRS has announced that interest rates for the third quarter of 2011 will remain unchanged from the second quarter’s rates. According to the IRS website, interest rates… Read More
Businesses which dispense medical marijuana may soon have the same options as other small businesses in regards to business expense deductions. This is due to the recent introduction… Read More
Earned income is subject to federal taxes. To legally reduce the tax liability owed on earned income, taxpayers can claim deductions and tax credits when filing their annual… Read More
Did you make energy efficient home improvements in your home during 2010 or purchase an energy efficient vehicle? If you did, do you know that you may qualify… Read More
Did you pay someone to watch your child, spouse or other dependent during the 2010 tax year? If you did, you may be eligible for the Child and… Read More
If you are confused about the Alternative Minimum tax, you are not alone. The Alternative Minimum Tax, also known as AMT, is a tax imposed by the government… Read More
The Internal Revenue service, or the IRS, recently announced a special voluntary disclosure initiative that was designed to help bring offshore money that should be in the US… Read More
The Internal Revenue Service (IRS) will be raising interest rates for the second quarter and the new rates will go into effect come April 1, 2011. According to… Read More