Taxes
Lord knows we all need help with Taxes!
With Tax season coming up again before you know it, this guide will serve as a resource for all things related to Taxes and the IRS!
Tax Prep Companies
Doing taxes on your own by hand is insane. Especially business taxes. There are a number of companies that offer free or pretty darn reasonable tax service software.
- Turbo Tax
- TaxCut
- Quickbooks
- Hand’s down the #1 choice in America for doing your taxes on your computer or online. I’ve used turbo tax online for the past 4 years now without a hitch. Great company too.
Tax Resources
- File Taxes Online – How to file your taxes online
- AB trust – How taxes will affect you with age, like a fine wine
- back taxes relief – How can you be relieved, during the tax season?
- Appeal Property Taxes – How to appeal and get your property taxes reduced
- 1031 tax deferred exchange – tax deferred exchange law can be mind boggling. This might help
- adoption tax credit – the benefits of adoption are far greater than a tax credit, but see how it can help financially
- Business tax deductions – business tax deductions are essential to staying afloat. Yes, you can write that off
- capital gains tax strategies – strategies when it comes to taxes can save you a ton of money.
- charitable contributions – Taxes are just another reason to give your money away
- 1031 tax deferred exchange – tax deferred exchange law can be mind boggling. This might help
The IRS is a pretty huge organization. I don’t know how many people work for them, but probably a ton. They often come up in movies as well. No one likes the IRS and paying taxes, but you know what they say about them….two things you can’t avoid…death and taxes right?
{ 3 comments… read them below or add one }
Will a short sale have tax implications?
It can. As far as I know, if you are technically “insolvent”, you are exempt from treating forgiven debt as income. Talk to an accountant or other tax professional.
Sharon, Be very careful and get lots of information……
We found a buyer for our home that would have gone into foreclosure…He paid the mortgage off and the equity line was shorted by $4,000.00. Ten years later we recived a bill from the IRS demanding payment for $106,000. We had an income that year of $25,000.00
Our poorest year together……The IRS put that money for the house in as INCOME!!!!!!!!!!
What I thought was long over ten yrs ago………Has become the “HOUSE OF HORRORS”
I am sick, can’t sleep or eat………..have no money to get help to refile our year of 2000………
BE VERY CAREFUL!