Automobile Donation Tax Deduction!
Next to desiring to make a contribution to charitable causes, maybe your largest incentive to give your car is the important tax break it can give you. Don’t be misled by info about your return, because the tax breaks you can get from an auto donation won’t be as large as [...]
Posts from ‘January, 2010’
Donating An Old Vehicle To A Charity Gives Few Other Benefits A Part Of A Good Deed And One Of Them Is Tax Deduction - How Much Can You Write Off For A Car Donation
Taking on the IRS and Winning
Facing a Giant
If you have ever experienced an audit by the IRS or had your tax deductions denied you have probably experienced the powerless feeling of being up against an impossible opponent. You may have taken some initial steps to appeal the decision, but then fell short of a victory and decided to concede to [...]
The ETF Advantage
For the knowledgeable, active investor who wants to participate in big picture trends, the Exchange Traded Fund or ETF Trading has many advantages over the traditional Mutual Fund. ETFs are far more transparent, efficient and economical.
Using ETF’s is an excellent choice when utilizing a trend trading method.
Be A Control Freak.
You know it’s true: the [...]
Surprise IRS Tax Lien Almost Prevents Purchase of New Home
Two years ago, we’re lucky to have found our dream home. Much to our delight, our offer was accepted, and we put our house on the market and quickly found an enthusiastic buyer. Preferred Tax Relief
Everything was moving along nicely and we were looking forward to the big move, but then [...]
Plan your inheritance tax to get the most from your wealth
Inheritance tax is a tax that you’ve got to pay up when you die that comes out of your financial estate that you leave behind. An individual will only pay it over a specific limit. The best point regarding inheritance tax is usually that this might be tremendously lowered if you think about it in [...]
A Short Timeline of Tax Practices of the United States, Chapter 3
Raleigh NC CPA
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
So the question remains, what happened with taxes in the United States?
US tax makers have been collecting what they have been sowing for a long time. The honor system has been trumped by a system in [...]
Is Getting An Income Tax Refund The Best Use Of Your Money?
Out with the old and in with the new… a new year is upon us, and with the holiday celebrations being over we are returning to a normal routine daily life. It is this time of the year that the thoughts of many turn to getting their taxes done. Now that tax season is upon [...]