Category: Taxes

What are Tax Shelters?

What are Tax Shelters? It hardly matters whether you are a salaried individual or a businessman when it comes to paying tax. The deduction calculated on your earnings...

Here are Some Important Tips on How to Get Rid of Tax Debt

Here are Some Important Tips on How to Get Rid of Tax Debt It’s income tax time again, Americans: time to gather up those receipts, get out those tax forms,...

5 Easy Steps That Explain How to Calculate Tax Liability

5 Easy Steps That Explain How to Calculate Tax Liability Calculating tax liability is not exactly a very difficult task. After all, the calculation is nothing but a...

What is Deferred Tax Liability and How it is Calculated

What is Deferred Tax Liability and How is Calculated The concept of deferred tax liability is an idea which a student of commerce should know about. There are many...

IRS Debt Forgiveness

IRS Debt Forgiveness Taking into consideration the recent economic recession, the administration has made some vital reforms to the federal tax tables. These reforms,...

Tax Debt Forgiveness

Tax Debt Forgiveness The recent economic recession that was observed in economies all over the world, saw the emergence of many weird and uncommon situations in the...

Go Green and Save Money With Hybrid Cars Tax Credit 2011

Go Green and Save Money With Hybrid Cars Tax Credit 2011 President George W. Bush signed the Energy Policy Act of 2005, which considerably changed the energy policy of...

Easy Ways to Claim Tax Credits on Home Improvement

Easy Ways to Claim Tax Credits on Home Improvement The Internal Revenue Service (IRS) releases a large amount of tax deductions every fiscal year for the benefit of...

Reap the Benefits: Tankless Water Heater Tax Credit

Reap the Benefits: Tankless Water Heater Tax Credit What type of water heater are you thinking of buying? Well, you can choose either a tank water heater or a tankless...

Federal Tax Credits for Consumer Energy Efficiency

Federal Tax Credits for Consumer Energy Efficiency The energy efficiency tax credit was first introduced in the year 2009 as part of the American Recovery and...