Tag Archives: Taxes

Small Businesses on Taxes: Complexity is Number One Problem

IRS Warns of Tax Scams to Avoid This Tax Season

Illegal scams can lead to penalties, interest and in some cases criminal prosecution.

The IRS is reminding taxpayers to use caution during tax season to protect themselves against…

By C. Daniel Baker

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Court Approves Sales Tax on Online Sellers

Small Businesses Taxes Are Too Complex, Says Study

Small business taxes are taking as long as three weeks to complete

A recent study from the NSBA says the current tax code is too complex for…

By C. Daniel Baker

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Special Circumstances That Could Affect Your Taxes

Could one of these extenuating circumstances apply to you?

Every year, special circumstances affect millions of taxpayers.

By Jennifer Streaks

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Court Approves Sales Tax on Online Sellers

Court Approves Sales Tax on Online Sellers

Court says Tax law violates the U.S. Constitution's Commerce Clause.

NY State Court rules that online income generated via links can be taxed, opening the…

By C. Daniel Baker

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Lying to the IRS.   Lying on your taxes is a felony that could result in jail time of up to three years. Individuals face fines of up to $250,000 and corporations face up to $500,000. In addition, you could be slapped with the costs related to your prosecution. Uncle Sam says don't do it. Trust us, he'll get you.

Abnormal Tax Refunds or Repayments Could Need Your Attention

Were you alarmed by the result of filing your taxes? It may be time to take action

You may need to take action if you suspect something’s not right with your tax-return…

By Darren Sands

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Business Tax Index 2013: Best to Worst State Tax Systems for Entrepreneurship and Small Business

Your Guide to the 1099-MISC Tax Form

The 1099-MISC is a staple of small business and entrepreneurs

A guide to the 1099-MISC form and how to use it this tax season

By C. Daniel Baker

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Overall Satisfaction among Small Business Banking Customers Drops

5 Apps That Will Simplify Tax Season

Keep calm and use one of these tax mobile apps

Tax apps that will simplify the filing process.

By BlackEnterprise.com

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Money Matters: How To Pay Taxes If You Don’t Have the Money

Discretion is advised

During the tax season there are many individuals who rely on their tax refund. It…

By Sasha King

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Congressional Budget Office: Economy to Pick up Steam in 2014

The Congressional Budget Office forecasts the economic climate

A positive outlook is on the horizon.

By Ashley R. Harris

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home-office-tax-deductions

Home Office Tax Deductions Just Got A Lot Easier

The IRS has simplified the home-office tax deduction process

Simpler tax forms should lead to less money left on the table

By C. Daniel Baker

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Could Bobby Jindal’s New Tax Plan Hurt Louisiana’s Poor?

Governor Jindal has a new tax plan — what do you think?

Governer Jindal wants to eliminate income taxes in Louisiana, but raise sales tax

By Makkada B. Selah

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Fiscal Cliff Resolution to Take Large Chunk Out of American Paychecks

The resolution may hurt more than it helps

Many Americans are just finding out what the fiscal cliff could mean for them.

By Ashley R. Harris

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Tax Tips for the Self-Employed During Income Tax Season

Best practices for quarterly tax filers to help prepare for the June 15 deadline

Tax Day has come and gone. But for the self-employed, including small business owners and…

By C. Daniel Baker

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Fat Joe

Fat Joe ‘Holding Back’ His Love … of Paying Taxes

Will they ever learn that the government doesn't play when it comes to its money?

Taking a page out of the Wesley Snipes playbook, not-so-fat-anymore rapper Fat Joe has pled…

By Ashley R. Harris

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taxes

Wealthy Giving Big Gifts Before 2013 Tax Hike

The fiscal cliff has scared some to giving away fortunes

Could this trend prove prudent?

By Ashley R. Harris

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Wesley-Snipes

How to Avoid Wesley Snipes’ Tax Fate

The IRS has programs available to help people avoid the same situation

The IRS don’t play games. Here’s how to play by the rules.

By Ashley R. Harris

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Tax Tips for the Unemployed

Plan ahead to avoid trouble with the IRS

It’s important for the unemployed to be organized, proactive, and informed. If you’re looking for…

By Tory Parrish

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Warren Buffet Insists on the Gov’t Taking His (And His Rich Friends’) Money

The Oracle of Omaha says that it's time for the rich to get real

Warren Buffet thinks fellow billionaires are in line for a reality-check.

By Ashley R. Harris

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The Other Fiscal Cliff: Money-Market Funds

The fiscal cliff isn't the only money problem on the Hill

Another financial problem, potential disastrous, confronts lawmakers.

By Ashley R. Harris

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8 End of the Year Tax Tips

A shortlist of things you can do to to shore up your tax situation

What can you do to shore up your taxes at the end of the year?…

By Jennifer Streaks

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