How Do I File Taxes If I Work As a Freelance Artist?

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Taxes : Business & Finance

A Hassle-free Way To Deal With Tax Resolution And Back Taxes

For most people, dealing with taxes is daunting, and it gets even more horrifying when IRS gets in the picture. Small mistakes may mean the breakdown of one’s financial future, forcing people to seek proper assistance. There are quite a number of companies that offer tax preparation services,

How to Reduce Child Support Payments in Massachusetts

Child support in Massachusetts is a monthly financial obligation of the noncustodial parent -- that is, the parent with whom the children do not reside, must pay to the custodial parent each month. The amount to be paid is set by the Massachusetts family court system and is enforced through a court

Four reason to open a Corporation

Here are the four most important reasons to open a Corporation. They are personal asset protection, credibility, branding your name, perpetual existence, tax flexibility and deductions.

Understand How Property Taxes Are Calculated

Every year, millions of house owners pay property taxes. In many circumstances, when the owners feel the tax bill reasonable, they simply pay the duty imposed on their property and move on with their lives. ...

Can I File Two Years of Taxes at One Time?

Taxpayers can fall behind in filing their income tax returns for any variety of reasons. And it's often easier to prepare two returns at one time, while you already have all the tools and forms at your fingertips, than to do them separately. However, there some implications you should seriously con

Are Civil Marriages Recognized by the IRS for Filing?

Congress has long recognized the value of the institution of marriage, and has put a variety of provisions in the tax code to recognize the unique financial relationship of the married couple. Married couples are generally treated as a single taxable entity under the tax code, although many married

How to File Taxes With Only Unearned Income

When you are working, chances are the bulk of your tax return consists of earned income like wages and self-employment. But when you retire, your income stream shifts to unearned income, like dividends, interest and capital gains. These unearned sources of income require a different approach when it

Can I Deduct an IRA?

Traditional IRAs were passed into law in 1974, and Roth IRAs were introduced in 1997 as ways to encourage individuals to save for retirement by offering different tax incentives, such as tax deductions allowing the money to grow tax free. Depending on the type of IRA to which you contribute, whether

Can You Do an Addendum on Your Taxes?

Whether it increases or decreases your tax liability, you get a sinking feeling when you realize that you filed your taxes incorrectly. The Internal Revenue Service will overlook the exclusion of some schedules that you should attach, but it does not overlook income that you haven't reported and it

7 Effective Strategies to Reduce Estate Taxes

Even if you're not wealthy, an estate plan can ensure that your assets pass on to those whom you want to receive them. Estate taxes are imposed on the heir of an estate and include ...

Frequently Asked Questions About Military Income Tax

Just like other U.S. citizens with civilian jobs, military personnel are subject to payment of federal income tax. However, special circumstances apply to citizens who serve in the military, and not all of their payments and allowances are included in their gross income. The IRS document...

Truly Bizarre Taxes: The Tax on Illegal Drugs

One can never underestimate the enthusiasm that politicians have for trying to hunt up tax revenues. The creativity of some politicians can lead to bizarre taxes and unfortunate results.

Reduce Your Taxes This Year

We're all looking for ways to save money. And, one of the best places to look for savings is in your taxes. There are lots of ways to reduce your taxes; so make sure that you're taking advantage of each and every one that's available.

Efile For Business 1099 Is Fast And Cheap For Company

Every year companies spend lots of expenditures and time in paying the taxable income. Various businesses are done during the years which are shown to the Internal revenue department. It is shown in the statement ...

How to File Oklahoma Taxes Online

Filing taxes online reduces the chances of having errors on a tax return. In addition, filing online is faster and easier than doing getting all the paperwork together and mailing the tax return. Oklahoma is one of the many states that allow you to file state taxes online. You can file Oklahoma sta

New Jersey Income Tax Installment Agreements

Taxes and death may be inevitable and in all but a few states, income is taxed at the federal and state level. But, if you can't pay your tax bill when it's due, in New Jersey, you may be eligible to make arrangements for a payment plan.

How to Find Grants to Help Fund Adoptions

Most people dream about becoming parents someday. Yet, some are unable to conceive on their own or have a desire to adopt an orphan. Grants are available to cover adoption costs and expenses for prospective adoptive parents. Grants don't have to be repaid, but there are many more applicants than the

Do I Need To Process Payroll?

Find out if your business should process payroll and how to do it yourself ans save hundreds of dollars a year.