Category : Taxes : Business & Finance

Taxes on Separation Packages

Taxes
Employers can ease the blow to employees losing their jobs by providing a separation package. Although they're not required, a separation package can make the news of job loss more palatable, provided the separation or severance pay is enough to tide the employee over until she finds new employment

The Many Ways To Avoid Inheritance Tax

Taxes
Inheritance tax is becoming a reality for many families simply because of rising house prices. Mortgages giant Halifax Bank of Scotland has estimated that more than 2m properties in Britain could be worth enough to land their owners with a tax bill. Inheritance tax is charged at 40% and in the curre

Do Dependents Have to File Taxes?

Taxes
Workers in the US must file income tax returns each year that give them the opportunity to take advantage of a variety of tax breaks. Dependents are individuals such as children and relatives that you provide for financially. Claiming dependents can grant tax breaks on your tax return. In some cases

Ohio Tax Lien Law

Taxes
In the state of Ohio, when property taxes become too far delinquent in payment, the county government has the legal right to sell a tax lien on the property. Investors typically purchase tax liens as a form of making money. These investors expect the lien to be paid off in full along with extra fund

Education for Real Estate Appraisers

Taxes
The Appraisal Qualifications Board, or AQB, sets educational requirements for real estate appraisers. The AQB is one of two independent boards that comprise the Appraisal Foundation. Congress in 1989 gave the AQB the responsibility to establish minimum appraisal standards. These standards apply in a

How to Buy Things Wholesale

Taxes
Whether you're operating a small business or you want to find the best deals and save money, wholesale shopping offers you flexibility and reasonably priced items. Buying items wholesale allows you to mark up your products to sell for a higher price, making yourself a profit, and gives you the oppor

Importance of Statutory Deductions

Taxes
The term "statutory deductions" commonly refers to the various taxes that your employer must withhold from each paycheck you receive. These payroll taxes include withholding for Social Security and Medicare, federal and state income taxes, and in some cases, amounts to fund state disability benefit