Author Information
Richard Chapo
Member since 21st January 2005
Occupation: Attorney and Traveler
Rick Chapo is with Nomad Journals - makers of writing journals. He is also with BusinessTaxRecovery.com - information on taxes.
Displaying 151 to 165 (of 221 articles)
07th January 2006
Hell hath no fury like a person who just found out the alternative minimum tax applies to them. The IRS has set up an online tool to figure out if you do.
Alternative Minimum Tax
The alternative minimum tax is a procedure that was set up to keep th...
Views: 279
07th January 2006
For roughly the last ten years, the internal revenue service has made a fairly major effort to be more taxpayer friendly. The Industry Tax Issue Resolution Program is one such step.
Industry Issue Resolution Program
After years of living in denial, ...
Views: 317
04th January 2006
As we begin 2005, you're probably not thinking about taxes at all. This is a mistake as deadlines are approaching for issuing and filing 1099s to independent contractors.
What is a 1099 MISC?
Generally speaking, the IRS requires you to report certai...
Views: 451
01st January 2006
Preparing your taxes can be incredibly stressful. In many cases, it just makes sense to get some help with them.
Save Me From This Misery!
When it comes time to file taxes, you can look to software or a real live person. In this article, we are goi...
Views: 259
01st January 2006
They say death and taxes are the only two certain things in life. Alas, this wasn't always the case. Well, at least for the income tax.
The History of Income Taxes
Our great nation came into existence in fits and starts. Following the revolt agains...
Views: 290
24th December 2005
Historically, tax issues arising from bad marriages fell into the category of "better or worse" for marriages. The IRS granted no innocent spouse tax relief, but has changed its views.
Tax Relief
When a marriage has problems, finances are almost alw...
Views: 299
24th December 2005
Self-employed individuals always cringe at the amount of taxes the pay to the IRS and state. Here are tax strategies for self-employed individuals that reduce those tax amounts.
Tax Strategies
The good news is being self-employed is one of the bes...
Views: 970
16th December 2005
Self-employed individuals often work out of their own home. If this is the case with you, here's a primer on home office tax expenses you can claim on your taxes.
Home Office Tax Expenses
America is a country built on small businesses. Yes, the big...
Views: 572
10th December 2005
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis.
Roth IRA
Fi...
Views: 303
10th December 2005
Any points that you pay in the refinancing of your residence are tax deductible over the length of the loan in question. The deduction is allowable only if the residence is your primary home and the new mortgage replaces a previous one and/or is used to i...
Views: 349
10th December 2005
On September 23, 2005, the Internal Revenue Service began sending notices to tax payers in thirteen states that there may be a problem with their tax payments. Here is the scoop.
Traffic School?
It seems one of the trucks carrying the payments was i...
Views: 259
10th December 2005
An early distribution from an Individual Retirement Arrangement (IRA) or a qualified retirement plan need not be a "taxing" experience. Fortunately, there are exceptions to early distributions.
Any payment that you receive from your IRA or qualified re...
Views: 224
10th December 2005
If you have employees, you are responsible for paying a variety of taxes at the federal, state, and local levels. You must also withhold certain taxes from the paychecks of your employees. So, what are employment taxes?
Employment taxes include the fol...
Views: 394
10th December 2005
If your identity is stolen, your finances can quickly become a nightmare. A less obvious problem is the effect identity theft can have on your taxes.
Identity Theft
Generally, thieves steal your personal data for the purpose of running up credit car...
Views: 508
10th December 2005
Taxpayers have two easy and convenient options for getting copies of their federal tax return information — tax return transcripts and tax account transcripts — by phone or by mail.
A tax return transcript shows most line items from the tax return (For...
Views: 194
