Taxation

The Taxes You Must Pay if You Are S...

Paying taxes is one of the most important obligations involved in running a business. As a small-business owner, you may be responsible for a variety of feder.... Read more

A Physical Presence Can Be a Factor...

Most states impose a sales tax on all in-state sales of goods and services. Although these taxes are levied on the buyer, not the seller, in many cases the se.... Read more

Taxes When Most of Your Salary Come...

Restaurant workers rely on tips for a good part of their income. Although it may be difficult for the Internal Revenue Service (IRS) to figure out exactly how.... Read more

Nanny Taxes and Taxes for Other Household Workers

Nanny taxes don't apply only to the nanny who cares for your children. The term covers all household help, such as gardeners, housekeepers, and anyone else who works in your home under certain conditions. If you pay a worker more than $1,800 a year (in 2012) you may have to address the issue of nanny tax withholding. Nanny Taxes Apply to Employees Your obligation to pay a nan... Read More

• What You Should Know About Carryback and Carryfo...
• How Business Tax Credits Can Help You
• Commercial Property Tax Depends on the Type of B...
• The Taxes You Must Pay if You Are Self-Employed
• Sales Taxes Apply Where the Purchaser Lives
• Income Tax Fraud Seems Like a Harmless Crime
• Tax and Audit Issues and Your Small Business

How Your Taxes Change After You Retire

Calculating your taxes each year can be relatively straightforward when you're working, especially if you don't own a business or have multiple sources of income. Retirement can complicate your tax picture. You might want to talk to a tax professional to make sure you're getting it right, and to make sure that you're not incurring any penalties or interest. Retirement Income Is Ty... Read More

• Taxes When Most of Your Salary Comes from Tips
• What is the Alternative Minimum Tax?
• Who Is Considered a Dependent for Tax Reasons?
• Understanding How Tax Deductions Can Help You at...
• Basic Information About Income Tax Credits
• What to Do When You Can't Pay Your Income Taxes

A Physical Presence Can Be a Factor in Online Sales Taxes

Most states impose a sales tax on all in-state sales of goods and services. Although these taxes are levied on the buyer, not the seller, in many cases the seller is responsible for collecting these taxes from buyers and forwarding them to state tax authorities. Online marketing has changed the dynamics of this process, costing states billions of dollars in lost revenue. Out-of-St... Read More

• Information About Sales Taxes for Consumers
• Sales Taxes Apply Where the Purchaser Lives

When You Can't Pay Your Property Taxes

Governments impose property taxes on homeowners to finance county and municipal costs. Property taxes pay for police and fire personnel. They help fund public schools and utility services. Your municipal or county government has a big stake in collecting homeowners' taxes so it can meet its budget. If you can't pay your taxes, the government will come after you. You may lose your home.... Read More

• How to Challenge Your Property Tax Assessment
• Property Taxes Support Many Services in Your Are...