Taxes and Taxation
31st August 2006
Overview
In the Pre-Budget Report of December 2003 the Chancellor Gordon Brown announced proposals to levy an Income Tax charge from 6th April 2005 in those circumstances where the transferor of an asset retains and interest or continues to benefit fr...
31st August 2006
Introduction
Deciding to make a Will and then actually putting the decision into action can be a somewhat stressful, upsetting and daunting task for some people. So it may be a little disconcerting to learn that after you have put all that effort and ...
31st August 2006
Overview
In the Pre-Budget Report of December 2003 the Chancellor Gordon Brown announced proposals to levy an Income Tax charge from 6th April 2005 in those circumstances where the transferor of an asset retains and interest or continues to benefit fr...
31st August 2006
Introduction
'The Government's economic objective is to build a strong economy and a fair society, where there is opportunity and security for all."
So reads the opening statement of the Labour Government's 2005 Budget. But the word 'fair' is wide...
31st August 2006
Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation a...
29th August 2006
When the month of April rolls around most of America is preparing their income tax returns. Each year all individuals who made an income are required to report that income to federal and state governments by filing an income tax return.
Taxpayers must...
21st August 2006
They say the world works on a concept known as balance. To counterbalance the joys of your honeymoon, you get the misery of filing a joint tax return with your spouse.
Filing a Joint Tax Return With Your Spouse
If you have recently married, you are ...
05th August 2006
If you are employed by a business, you have the ability to play with the withholding on your paycheck. Fortunately, there is an easy way to do this online these days.
Figuring Out Your W-4 Withholdings
What is one of the happiest days of the year? ...
28th June 2006
Copyright 2006 Ainer & Fraker, L.L.P.
A living trust can help you reduce your estate tax liability to Uncle Sam. To see how this tax reduction works, let's examine the following hypothetical case:
Client Family has an estate of $4 million. The husba...
27th June 2006
There was once a song about battling the law and losing. Fortunately, battling the IRS is possible and sometimes inevitable.
Battling the IRS
There comes a time when many Americans must take action against the IRS. The IRS can come down swiftly and...
27th June 2006
The tax code for the United States is over 50,000 pages. Buried in this code is the subject of per diem rates, a topic that can save businesses money on their taxes.
Per Diem Rates and Business Taxes
Understanding the Internal Revenue Service and a...
07th May 2006
I'm sure you've had this experience, too. It's the first few days in April, spring is happening, and everything's cool … for about five minutes, when you realize that your taxes are due in about two weeks.
I've been there. I feel your pain.
You ma...
13th April 2006
DISCLAIMER: Everything contained here is information gathered by me through various news sources and IRS publications. Be sure to consult your CPA or Tax Attorney before purchasing a vehicle to make sure you qualify.
Background: In ...
08th April 2006
An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases y...
05th April 2006
Tax policy discussions are meant to do what? Arrive at a rational policy, or garner votes. I think it is the latter. What is lost in all the debate over tax increases versus tax cuts, is science. Contrary to what most people may think, there is some scien...
