Taxes

C-Corp Asset vs. Stock Sale Dilemma - This Article summarizes a solid strategy for enabling C-Corp shareholders to enjoy a substantial gain in take home cash compared with a traditional asset sale scenario.

The Economics of Vice Tax - A vice tax is an indirect form of taxation applicable to sold called vice goods like alcohol, tobacco and to a certain extent gasoline.

When Do You Have To file A Tax Return? - Every year, millions of Americans dread the inevitable; they have to gather all of their receipts and records and get ready to file their Federal Income Tax Returns.

Is Your EBay Activity a Business or a Hobby? - Many eBay sellers start out as a hobby, or just to clean out their closets. Many times, this hobby can lead to a profitable business. A hobby is an activity that you do simply because you love doing it, but it may also earn you some income. That income must be reported on your tax return, even if it is just a hobby.

Taxes - Who Should I Turn To? - This article tells that professionals are who to turn to and why.

Reduce UK Tax Bills By Knowing What Business Expenses To Claim - Tax bills can be reduced if all allowable business expenses are included in costs and receipts retained as supporting evidence. While all business expenses can be claimed it would not be unusual for particularly inexperienced small businesses to fail to claim some business expenses due to uncertainty over what constitutes a valid business expense.

Seychelles Tax? Or Lack Of Any Taxes! - Seychelles tax? The Republic of Seychelles does not levy taxes on offshore companies.

Why A Tax Professional Is Needed For Your Business - You are a smart businessman but you shouldn't be embarrassed to acknowledge that you need help when it comes to sorting your finances. If you run your own business, a tax professional would be a very big help. It is of utmost importance that you choose your tax professional wisely instead of ending up hiring the wrong person.

New Interest Expense Allocation Rules - This article analyzes new Internal Revenue Code Section 864(e), which provides an opportunity for taxpayers to elect to modify their interest expense allocation for foreign tax credit purposes.

Tax Refund Options for Americans without Bank Accounts - When it comes to choosing how you'll receive your tax refund, you have several options. A little-known option for those without bank accounts is the prepaid cash card. These cards offer several benefits, and are more convenient than carrying large amounts of cash and paying high check-cashing fees.