Archive for the 'Taxes' Category

How Does the State Utilize Sales Taxes?

Most people across the country have to pay something they really don’t enjoy paying and that is sales tax.
There are many items that are taxed such as personal care items, food, vehicle and home purchases, vacations and general merchandise.
Sales taxes vary state by state and many residents who live on the border of […]

Selling Your C Corp - Negotiate Hard for a Stock Sale Versus an Asset Sale

If you are the owner of a C Corp and are planning on selling your company, you must understand the ramifications of the stock sale versus the asset sale. Here is what happens when there is an asset sale of a C Corp. The assets that are sold are compared to their depreciated basis and […]

Another Tax Stimulus Rebate in 2009

There have been quite a few rumors about a possible 2009 tax rebate that would exceed what we all received from the 2008 rebate. Being an election year, each side wants to make their candidate shine right before November, and giving cash to Americans seems to be a way they are willing to do it.
Touted […]

Seychelles Tax? Or Lack Of Any Taxes!

When you incorporate an offshore company in Seychelles, there is no such thing as a Seychelles Tax!
Information Seychelles:
Located in the stunning waters of the Indian Ocean, northeast of Madagascar and 1,600 from Kenya, the Republic of Seychelles is a paradise in many ways. There are 115 small islands that make up Seychelles, and these islands […]

What To Do About Your IRS Tax Claim In Dallas

So, you have an IRS tax claim. You have basically two choices when you have a tax claim in Dallas. You can either choose to try to represent yourself and deal with the IRS regarding the claim or you can hire a tax attorney in Dallas who has vast knowledge of the income tax laws […]

Car Donation Tax Deduction - 3 Best Tips To Help You Donate Your Car

If you’re thinking about donating your car or truck to a local or national charity, here are a few tips that you should know. There are a few problems you can avoid if you do a little research first. Ultimately your goal may be to gain a good car donation tax deduction. The change […]

Charity Car Donation Tax Deduction - Watch Out! Know This Before You Donate Your Car To Charity!

In the past few years many charities have found they can raise money through car donation programs and provide you with a car donation tax deduction. These programs can be a goldmine and the charity can make a lot of money for its charitable activities. They stand to make a lot more money […]

Research Eis Tax Relief for Tax Savings

Sometimes at work, your company may offer you the opportunity for an EIS investment. Along with the fact that it is a nice way to invest and make future funds for yourself, an Enterprise Investment Scheme is also recognized by the government as a positive form of investment and therefore qualifies you for tax […]

Five Things You Need To Know Before Opening An Offshore Bank Account

Off shore banking used to be viewed as the sole province of those with mahogany toilet seats or criminals planning to steal large amounts of cash. However, corporate offshore banking has not only become more accepted, the benefits of it have grown in current economic conditions. Here we look at what you should know before […]

Raising The Inheritance Tax Barrier

When it comes to will writing, there are so many things to consider. At the top of those lists, people normally tend to think simply in terms of their assets and who they want to inherit what. This in itself can be a complicated affair for some. Families are not as straightforward as they used […]