Category: Uncategorized

07

Sep2016
  Sales Tax is collected by the state and is utilized for the improvement of the infrastructure and public organizations. Online sellers are enjoying great profit margins by avoiding sales tax payments. There is no positive impact of retailing on the economy of the ... Read More
September 7, 2016admin

02

Aug2016
The most awaited amount of money is the money you are expecting as a Tax refund from the IRS. If you have filed for the return electronically you should expect a response within 21 days. On the other hand if you have filed on paper you need ... Read More
August 2, 2016admin

02

Aug2016
Tax Audit is one of the nightmares for a taxpayer. Everyone wants to know how to avoid tax audits. Here are some blunders by tax payers that can help you understand what triggers an IRS audit: Breaking the rules related to foreign accounts The IRS has strict ... Read More
August 2, 2016admin

03

Jul2016
    There are different ways through which people dodge paying employment taxes. Following are few of the most common ways: Pyramiding This is a method through which business withholds taxes from employees, but do not pay them to the IRS. Such businesses avoid paying taxes to IRS by ... Read More
July 3, 2016admin

25

Jun2016
  Most people have a misconception that married couples have to pay higher taxes than the single tax payer. What they fail to realize is that there are many instances where you get a marriage bonus if you know the right details of tax returns. Marriage penalty Marriage ... Read More
June 25, 2016admin

11

Jun2016
  If you don’t have money to pay to the federal income taxes that you owe, you have three options: Option #1 Get an installment agreement, in which you will pay the full tax liability, but over an agreed-upon period of time. In this way your financial burden will minimize, and ... Read More
June 11, 2016admin

11

Jun2016
What is tax forgiveness? IRS introduced the Debt Forgiveness program which is also known as Fresh Start Program. The reason behind starting this program was that IRS realized that taxpayers will never pay their debt off of there is no hope.  IRS use to increase ... Read More
June 11, 2016admin

22

Apr2016
    Many companies and individuals are always trying to minimize the tax amount that they have to pay. People hire companies who help them file the tax returns in a way that they can get maximum tax wave off. But these people and ... Read More
April 22, 2016admin

15

Apr2016

Tax Breaks for Home Owners

0    
  Digging through piles of paperwork and receipts is not the perfect way to spend your day, but with tax deadline looming ahead, it is unavoidable.   If you are a homeowner, digging through those receipts may get your deductions you never thought about and even save ... Read More
April 15, 2016admin

11

Feb2016
Many students prefer studying abroad, USA being the first preference. All International students are liable to pay taxes in way or the other. If you are a new transfer to any state of USA and face difficulty regarding taxes, Tax Help MD can guide you on ... Read More
February 11, 2016admin