Collection agencies collect debts for original creditors that are not secured by a debtor's assets. The company can secure the debt by filing a lawsuit and placing a lien against the debtor's home, car, boat or vacant land. A lien obtained through a lawsuit is known as a "judgment lien" and prevents
Each year, thousands of people opt to wait until the last possible minute to complete their yearly tax return. Whether the reason is lack of time or simple procrastination, the stress invoked from such a choice can be massive.
A qualified incorporation service specialist will not only prepare the documents required by your state, they will also manage the sometimes time-consuming filing process.
The IRS provides special income tax rules for investment properties.apartment for rent image by dead_account from Fotolia.comThe Internal Revenue Service has special rules regarding profit earned through investment property rentals. Rental profits provide many different tax benefits for...
The registered agent concept explained. Why state-registered business entities - LLC's, partnerships, and corporations - need a registered agent.
Age is a factor when claiming children as dependents on tax returns, but the Internal Revenue Service indicates that a child or other relative may qualify as a dependent at any age if they meet certain conditions. The agency lists those conditions in IRS Publication 501. Among other things, children
If you have not paid taxes in the past, you may face serious tax problems. You may notice this when a specific amount of debt appears on your statement of account.
The Internal Revenue Service is tasked with the responsibility of collecting federal income taxes. Income taxes are the primary source of funding for the federal government. Taxable income may be received from a variety of sources including wages and salaries, investment gains, dividends and interes
The first-time homebuyer tax credit was enacted to provide tax relief or a tax refund to homebuyers that purchased their first home during the 2008 to 2010 period. The individuals that qualified for the credit faced various requirements that had to be met, depending on whether their home was purchas
Telephone tax refund This is a one-time refund and many taxpayers are not aware of its existence. Married couples, with no children, can receive a $40 refund. Those with one child can claim $50 & those with two, $60.
No matter how many times you've filed taxes, filing your state taxes can be a huge headache. Acquiring the proper forms, following the protocol for your specific state and getting the taxes in on time can be a real chore, even in the best of circumstances. Some individuals even worry about the co
With difficulties in the economy emerging every new day, people are having to look for a variety of ways to save what little money they are earning. It seems that everyone is having to cut back in one way or another just to make it through everyday life.
While most people dread the thought of filing taxes each year, the process can be relatively simple with a bit of organization. Most errors occur when people rush through the process at the last minute or place information in the wrong spot on the form, which can trigger an unwanted audit. Whether y
If you move abroad and leave the UK behind pretty much permanently, chances are you will become non-resident in Britain for tax purposes. At first this may mean you're no longer liable for i
Each year around April 15, people across the country are bent over their 1040 forms, adding up their income and subtracting their deductions. At the same time, there are constant news reports about who does and does not pay income tax, and whether this is fair. While the United States tax code is ex
The very rich in Canada pay a far less taxes than the working or middle classes. So, as an average Canadian, you are paying a larger percentage of your earnings on tax than a millionaire. So, what is
Mileage allowances are approved rates at which anyone in the UK using a private vehicle for business journeys can claim tax free expenses for that journey. Small businesses can legally increase the tax allowance claimed by keeping better records of business journeys in the small business accounts.
The Internal Revenue Service provides all taxpayers with deductions related to the purchase of a home. A first-time home buyer is treated the same as all other taxpayers and is eligible to take home-related tax deductions. However, the federal government has consistently provided first-time home buy
Divorce is the most common reason why two adults may both try to claim their child as a dependent for tax purposes. Often, divorce decrees avert this situation by stipulating who gets to claim the child and in what years. If your divorce decree doesn't include this kind of provision, the Internal Re
Tax returns can be filed in online and offline mode. You can file the request yourself or with the help of an agent. You can also claim the agent's fee in next year's return statemen
