Category : Taxes : Business & Finance

What All Can Be Deducted on My Taxes?

Taxes
Effective income tax rates are not nearly as high as they may appear on an IRS tax rate schedule. Many of your annual expenses are subtracted from your taxable income using Schedule A (for personal expenses) or Schedule C (for business expenses). Alternatively, you can choose to apply the standard d

How to Determine Taxes Withheld

Taxes
Finding out how much money is being withheld from your paychecks for taxes is important, because it will determine how much taxes you owe, or how much of a refund you're entitled to, when you file your annual tax return. Your paycheck should list the amount of tax withholding for that pay period and

Can I Deduct Internet on My Taxes?

Taxes
The Internet is an essential component of most businesses and a fixture in many homes. It allows people to communicate, find entertainment and process business transactions, including personal financial transactions. But the cost of Internet access, especially high-speed access, can be expensive. A

How to Fill Out Income Tax Forms

Taxes
Hardly anyone likes knowing income tax season in right around the corner. Filling out tax forms without the help of an expert income tax professional doesn't have to be difficult. Knowing which forms an individual must fill out is the biggest problem many people face. Generally all that is required

Form 1099 Guidelines

Taxes
Form 1099 is an Internal Revenue Service form used to report income. There are several versions of Form 1099, the most common of which are used by independent contractors and investors. The income reported on Form 1099 typically has not had any federal taxes withheld, and the form is sent to both t

Wages for Roofers

Taxes
Roofers are skilled trade workers whose main job is to truly "put a lid on it." Roofers employ a variety of materials such as asphalt, slate, tile and metal along with cement to secure a leak- and wind-proof top to a residence, business or other facility. Roofers also are called in to repair and rep

The Weekly Salary of an Accountant

Taxes
Accountants are the business employees responsible for making sure all business income and expenses are properly recorded, and ensuring that vendor accounts and employee payroll accounts reflect previously recorded business agreements. Keeping qualified, competent accountants employed is crucial for

Can You E-File Your Taxes Late?

Taxes
The IRS e-file program has been designed to save taxpayers time and money. In 2009, nearly 100 million taxpayers filed using the e-file system. It offers faster receipt of returns and refunds, and it saves the agency and the individual taxpayer from errors that could arise through postal, logistical

Energy Tax Credit Appliances

Taxes
Improving your ecological footprint has never had so many tax benefits. With the social conscience green movement, the government is now offering tax credits to tax payers willing to make improvements to their residences' energy efficiency. Energy Star, the American government's energy...