Category : Taxes : Business & Finance

Tax Help for the Disabled in Florida

Taxes
If you suffer from a disability and live in Florida, the federal government provides free assistance for your IRS issues and allows you to claim special tax benefits that relate to your disability. The IRS maintains nine clinics throughout the state where low income residents, including those with d

Schedule C Expense-to-Income Ratios

Taxes
Schedule C is a profit-and-loss statement reported to the IRS in conjunction with the 1040 form. Business owners use the schedule to determine net income and how much taxes they owe. To calculate the net income or loss, they subtract expenses from revenues. The expense-to-income ratio will depend o

How to Make a Professional Schedule

Taxes
Creating a professional schedule can have numerous benefits; it enables you to streamline the process for receiving appointments, enables interested parties to quickly discern when you'll be available and enables you to stay reminded and up-to-date about your activities for each day. Before the sche

Are Lawyer's Fees Tax Deductible?

Taxes
The IRS allows taxpayers to deduct some of their legal fees. Taxpayers who are able to deduct their legal fees must use the IRS 1040 Form and deduct the fees under the "miscellaneous" category. Generally, the IRS allows taxpayers to deduct their qualified legal fees if they meet the government's 2 p

How to Defer Income From Taxes

Taxes
Paying income taxes may be a fact of life, but that does not mean you need to pay all those taxes at once. The Federal government has provided a number of mechanisms taxpayers can use to defer the taxes they owe to a later date. This tax deferral with give the funds time to grow and accumulate, allo

How to Change Your Tax Filing Status

Taxes
Life changes can affect your tax filing status. Although the first thing that comes to mind might not be your income taxes, your filing status can have a significant effect on the amount of taxes you owe. Tax rates vary considerably, depending on whether you are single, married filing jointly, marri

Marital Debt in Divorce

Taxes
Unfortunately for a separating couple, the emotional trauma of a broken marriage is only magnified by the business of separating not only a pair of personal lives but also economic ones. Figuring out how to turn what used to be a partnership into two separate estates can be difficult. In separation,