Category : Taxes : Business & Finance

Tax Planning Vs Tax Preparation

Taxes
As soon as March rolls around, many of us get ready to welcome the Spring season but many worry about the Tax season. I am sure you are among millions of people trying to get your tax return filled and filed away by Apr 15. Many of you might use your good Internet skills and take advantage of on-lin

Affordable Care Act

Taxes
As part of a larger Administration announcement on efforts to strengthen the health care workforce, the Internal Revenue Service today announced that under the Affordable Care Act health care professionals who received student loan relief ...

Rules for Divorce & Filing Taxes

Taxes
Divorce has a big impact not only on your personal life but your tax life. Your filing status changes, which affects the amount you can claim on deductions and exemptions. The way you and your spouse divide your assets may also affect whose tax position is better after divorce, so it's good to know

File Tax Returns On-time

Taxes
The IRS Estimates that there are 10 million taxpayers who do not file tax returns.Failing to file tax returns on-time has serious consequences including additional interests and penalties.Filling tax returns and setting-up a payment plan saves taxpayers money in interests and penalties.

Inheritance and Paying Taxes in Iowa

Taxes
Iowa repealed its estate tax in 2008, but it still has an inheritance tax. That means people who inherit money or property from an estate in Iowa may have to pay taxes on their share of the estate. Certain relatives and non-profit organizations are exempt from the tax, but everyone else has to pay.