September 2, 2014 6:27 PM • Log InREGISTER
HOT TOPICS:
Infographic: Kid-Friendly Tax Breaks Moving for a Job? Don’t Forget These Tax Breaks Tax Tips for Hobbyists Tax Breaks for Job Hunting Expenses Infographic: How the Rich Avoid Taxes New Rule for Individual Taxypayer Identification Numbers Top 10 Cities with Highest Travel Taxes Filing Funds: How Taxes Affect Nonprofit Crowdfunding Campaigns 4 Vital Tax Tips For After You Say ‘I Do’ Tax Update for Nonprofits: IRS Introduces New 1023-EZ Form IRS Adopts Taxpayer Bill of Rights Credit Suisse Confesses to Helping Clients Evade Taxes Five Tax Tips For Writing Off Vacations for Your Business How to Get a Transcript or Copy of a Prior Tax Return IRS Involved in Bonus Scandal What to Do if You Make a Mistake on Your Taxes How to Apply a Tax Filing Extension What to Do if You Can’t Pay Your Tax Bill New Tax Tool Helps LGBT Couples With Filings To Avoid Costly Mistakes Tax Deadline Approaching! Here Are Some Last-Minute Tax Tips How To Blow The Whistle On A Tax Cheat Personal Finance Word of the Day: Tax Filing Extension Didn’t File Your Taxes in 2010? You Can Now! 3 Tax Audit Triggers To Avoid Tax Tip: Paying for Medical and Dental Expenses [Video] Tax-Time Identity Theft: The IRS Tells You What to Do [Video] What to Do If Someone Else Gets Your Tax Forms 7 Tax Tips for Your Home-Based Business 4 Things You Should Know About Bartering Charity Impersonation Listed as One of the IRS “Dirty Dozen” Tax Scams Inflated Refunds Listed as One of the IRS “Dirty Dozen” Tax Scams A Brief History of Taxes [Infographic] Track Your Tax Refund [Video] Personal Finance Word of the Day: Tax Avoidance Transaction Phone Fraud Listed as One of the IRS “Dirty Dozen” Tax Scams Personal Finance Word of the Day: Accelerated Depreciation Tax Season 2014: Watch Out for Tax-Related Identity Theft How to Choose the Right Tax Filing Status IRS Unveils Updated Smartphone App ‘IRS2GO’ IRS Makes Changes to Their Service Options Rapper Flo-Rida Owes Over a Million in Taxes IRS Launching ‘Free File’ on January 17th

Money > Taxes

irs

Infographic: Kid-Friendly Tax Breaks

Get in on these child-related tax breaks.

Read More »
(Image: Thinkstock)

Moving for a Job? Don’t Forget These Tax Breaks

Take advantage of these deductions

If you’re planning a job-related move this summer, you’ll be delighted to know that you…

By Sheiresa Ngo

Posted: Tags: , ,
irs

Tax Tips for Hobbyists

Here are some deductions you might be eligible for

If you’re an avid hobbyist, you might be able to deduct some of the costs…

By Sheiresa Ngo

Posted: Tags: , ,
irs

Tax Breaks for Job Hunting Expenses

You might be able to get a deduction on some costs

The Internal Revenue Service has some pointers for job seekers.

By Sheiresa Ngo

Posted: Tags: , , ,
(Image: Thinkstock)

Infographic: How the Rich Avoid Taxes

A breakdown of how the wealthy use savvy to save money

Those making $10 million annually pay an average income tax rate of 19%.

By Sheiresa Ngo

Posted: Tags: , ,
irs

New Rule for Individual Taxypayer Identification Numbers

New guideline will take effect next year

Changes are coming for Individual Taxypayer Identification Numbers.

By Sheiresa Ngo

Posted: Tags: , ,
GlobalTravelManHorizonComputer

Top 10 Cities with Highest Travel Taxes

Check out this list before you plan your next trip

Study took a look at the top 50 travel destinations for business travelers, however, these…

By Sheiresa Ngo

Posted: Tags: ,
crowdfunding 2

Filing Funds: How Taxes Affect Nonprofit Crowdfunding Campaigns

Funds raised for social campaigns may not be subject to taxes

If you’re a nonprofit raising funds via crowdfunding, you’ll want to know this vital information…

By Carolyn M. Brown

Posted: Tags: , , ,
black-married-couple

4 Vital Tax Tips For After You Say ‘I Do’

Avoid problems with the IRS with these quick steps

Just got married? Well, you’ll want to follow these quick tax tips to avoid any…

By Sheiresa Ngo

Posted: Tags: , ,
irs

Tax Update for Nonprofits: IRS Introduces New 1023-EZ Form

Applying for 501(c)(3) tax-exempt status just got easier

The Internal Revenue Service recently unveiled an updated, shorter application to assist small charities with…

By Sheiresa Ngo

Posted: Tags: , , ,
irs

IRS Adopts Taxpayer Bill of Rights

The Internal Revenue Service recently announced a user-friendly Taxpayer Bill of Rights. It will take…

By Sheiresa Ngo

Posted: Tags: , ,
Legal Terms Every Business Owner Should Know

Credit Suisse Confesses to Helping Clients Evade Taxes

Company must pay $2.6 billion

U.S. Attorney General Eric Holder says Credit Suisse AG agreed to plead guilty to assisting…

By Sheiresa Ngo

Posted: Tags: , ,
taxesforms

Five Tax Tips For Writing Off Vacations for Your Business

Combining business with pleasure can pay off

Check out these tax strategies for small business owners to help save money by deducting…

By Carolyn M. Brown

Posted: Tags: , , ,
tax tips

How to Get a Transcript or Copy of a Prior Tax Return

Tax season is over, but you still need to make sure your tax records are…

By Sheiresa Ngo

Posted: Tags: , ,
irs

IRS Involved in Bonus Scandal

It seems like working for the IRS might have some excellent perks

If you work there, you might not have to pay taxes. Even better—you could be…

By Sheiresa Ngo

Posted: Tags: , ,
tax tips

What to Do if You Make a Mistake on Your Taxes

You can make changes by filing an amended tax return

You can use Form 1040X, Amended U.S. Individual Income Tax Return, to correct errors

By Sheiresa Ngo

Posted: Tags: , ,
tax extension sheet

How to Apply a Tax Filing Extension

The extension only extends the due date for the paperwork--not for the money you owe.

Just in case you didn’t know—your taxes were due yesterday.  If you just didn’t get around to…

By Sheiresa Ngo

Posted: Tags: , , , ,
tax tips

What to Do if You Can’t Pay Your Tax Bill

Don't ignore your tax bill

An installment agreement allows you to pay a debt over a period of time

By Sheiresa Ngo

Posted: Tags: , ,
black enterprise april cover

New Tax Tool Helps LGBT Couples With Filings To Avoid Costly Mistakes

Online resource offers state-by-state guidance

Tax law remains one of the most complex and nuanced issues impacting the LGBT community

By Carolyn M. Brown

Posted: Tags: , , , , , , ,
Taxes-620x480

Tax Deadline Approaching! Here Are Some Last-Minute Tax Tips

Don't make these common errors on your forms

The Internal Revenue Service says it’s important to double-check your tax returns to make sure…

By Sheiresa Ngo

Posted: Tags: , , ,
tax tips

How To Blow The Whistle On A Tax Cheat

Do you know anyone trying to get by on Uncle Sam?

If you know someone who is cheating the Internal Revenue Service, you could be in…

By Sheiresa Ngo

Posted: Tags: , , ,
tax extension sheet

Personal Finance Word of the Day: Tax Filing Extension

Your daily money bite

You can get an automatic six-month extension

By Sheiresa Ngo

Posted: Tags: , ,
tax tips

Didn’t File Your Taxes in 2010? You Can Now!

Procrastinators have a second chance

The IRS actually has good, not bad news for you

By Sheiresa Ngo

Posted: Tags: , , ,
taxesforms

3 Tax Audit Triggers To Avoid

Tax season is a stressful time of year. Being audited by the Internal Revenue Service…

By Sheiresa Ngo

Posted: Tags: , , ,
Female-doctor-patient-300x232

Tax Tip: Paying for Medical and Dental Expenses [Video]

Did you spend a large amount of your income on medical and dental expenses last…

By Sheiresa Ngo

Posted: Tags: , ,
identity theft

Tax-Time Identity Theft: The IRS Tells You What to Do [Video]

Here's an action plan if your personal information is at risk

If you believe that you’re the victim of one of the IRS “dirty dozen” tax…

By Sheiresa Ngo

Posted: Tags: , , ,
File Electronically 	Last year alone, 99 million people—70 percent of all individual taxpayers—used IRS e-file to electronically transmit their tax returns, according to the government agency. With electronic filing, you can literally submit your taxes up until the very last second without penalty. E-filing is an easy and cost-effective method to filing your taxes. Plus, it does the math for you. If you’re concerned about not knowing all the credits you qualify for, remember, most software programs have step-by-step instructions, which increases accuracy and the possibility of receiving a larger refund. Those with an adjusted gross income of $58,000 or less may be able to use the IRS’s Free File option, where taxpayers use online software donated by TurboTax and other tax agencies.

What to Do If Someone Else Gets Your Tax Forms

A plan for dealing with tax trouble

Tax season can be a stressful time of year. You certainly don’t want to…

By Sheiresa Ngo

Posted: Tags: , , ,
Taxes-620x480

7 Tax Tips for Your Home-Based Business

These strategies can benefit your small businesses

Home-based businesses, start-ups and solopreneurs are often serial late filers and miss out on maximizing…

By Alan Hughes

Posted:
3. Do seek "trade credit" from vendors and suppliers. 

Too many entrepreneurs dream of going to a bank and getting a business loan or line of credit for their enterprise. But maybe you don’t need a traditional bank loan at all to launch or grow your business. 

If you can get your vendors and suppliers to agree to provide you with trade credit---i.e., the ability to pay for goods and services over time---you can creatively and more frugally run your operations.

4 Things You Should Know About Bartering

Learn the rules so you can stay out of trouble with the IRS

Bartering can help you save money. However, it's important to be aware of the tax…

By Sheiresa Ngo

Posted: Tags: , , ,
tax-bills-300x232

Charity Impersonation Listed as One of the IRS “Dirty Dozen” Tax Scams

Don't donate blindly

Each year, the IRS releases its list of “dirty dozen” tax scams to watch out…

By Sheiresa Ngo

Posted: Tags: , ,
tax tips

Inflated Refunds Listed as One of the IRS “Dirty Dozen” Tax Scams

Don’t trust a tax preparer who makes outrageous promises

Each year, the IRS releases its list of “dirty dozen” tax scams to watch out…

By Sheiresa Ngo

Posted: Tags: , , ,
Taxes-620x480

A Brief History of Taxes [Infographic]

Fun tax facts

It’s almost that time again. Tax day is just around the corner. In honor of…

By Sheiresa Ngo

Posted: Tags: , ,
taxes

Track Your Tax Refund [Video]

Find your money

If you’ve recently filed your tax forms, you’re probably wondering when you’ll receive your refund.…

By Sheiresa Ngo

Posted: Tags: , ,
tax tips

Personal Finance Word of the Day: Tax Avoidance Transaction

Your daily money bite

Tax season is upon us

By Sheiresa Ngo

Posted: Tags: , ,
irs

Phone Fraud Listed as One of the IRS “Dirty Dozen” Tax Scams

Is your phone ringing? It could be a scammer on the line

Have you ever been scammed?

By Sheiresa Ngo

Posted: Tags: , , ,
MONEY

Personal Finance Word of the Day: Accelerated Depreciation

Your daily money bite

It is legal to depreciate the cost at a rate faster than would be allowed…

By Sheiresa Ngo

Posted: Tags: , ,
taxes

Tax Season 2014: Watch Out for Tax-Related Identity Theft

Keep an eye out for tax-time thieves

Your identity could be stolen

By Sheiresa Ngo

Posted: Tags: , , ,
irs

How to Choose the Right Tax Filing Status

Picking the correct status will keep cash in your pocket

This status normally applies if you are not married

By Sheiresa Ngo

Posted: Tags: , , ,
smartphone

IRS Unveils Updated Smartphone App ‘IRS2GO’

Get the latest tax information on the go

Find the tax information you need in a breeze

By Sheiresa Ngo

Posted: Tags: , ,
irs

IRS Makes Changes to Their Service Options

The IRS gets less personal

Changes affect areas such as tax return preparation and tax refund status

By Sheiresa Ngo

Posted: Tags: , ,
flo-rida-white-suit

Rapper Flo-Rida Owes Over a Million in Taxes

A lien has been put on his property by the federal government for the unpaid fees

Tax season isn’t always a good time of year for people

By Sasha King

Posted: Tags:
tax tips

IRS Launching ‘Free File’ on January 17th

Free File Alliance and IRS team up to offer tax service free of charge

Choose from several free offerings from leading providers of tax software

By Sheiresa Ngo

Posted: Tags: , ,

Women of Power

(File)

REGISTER NOW: Black Enterprise Women of Power Summit’s 10th Anniversary

It will be a landmark year for the Black Enterprise Women of Power Summit in…

Read More »
Venus Williams

Watch Sonia Alleyne’s Interview with Venus Williams at This Year’s Women of Power Summit [Video]

Venus Williams was one of the featured speakers at this year’s Women of Power Summit.

Read More »