Business & Finance: Disabled Child Tax Deduction

Disabled Child Tax Deduction

If you have a disabled child, the IRS recognizes the additional expense that caring for a special needs child creates. While you can take any deductions and credits available to parents of any child, you can also take deductions and credits specifically targeted to special needs children.

Business & Finance: Cause of Tax Arrears

Cause of Tax Arrears

There are a number of reasons why tax arrears arise. One cause is that businesses often end up getting tax bills that are not paid or are ignored as a result of poor management.

Business & Finance: Who Assigns Bank ID & Routing Numbers?

Who Assigns Bank ID & Routing Numbers?

Bank identification numbers and routing numbers help identify where monetary transactions originate and terminate. For example, the routing number on a check routes the check from the depositing bank to the originating bank through a sequence of unique numbers. Several different organizations assign

Business & Finance: The Average Salary of a Motorcycle Mechanic

The Average Salary of a Motorcycle Mechanic

Motorcycle mechanics perform routine maintenance and repairs on the engines and other parts of motorcycles. The U.S. Bureau of Labor Statistics (BLS) predicts that the demand for motorcycle mechanics will increase 9 percent from 2008 through 2018. Educational requirements vary from employer to emplo

Business & Finance: Requirements for a Tennessee Divorce

Requirements for a Tennessee Divorce

Each state has specific requirements for divorce, including residency, grounds and a waiting period. Additionally, the court must finalize all outstanding issues of the marriage. Title 36 of the Tennessee Code sets forth what a spouse needs to file for divorce, as well as how a court should divide p

Business & Finance: Accountants Are Meant To Solve Your Finance And Tax Issues

Accountants Are Meant To Solve Your Finance And Tax Issues

Business is found to be complicated in every domain and irrespective of its size or level. There are daily transactions, employee welfare, client queries and many other things which need to be looked upon on a daily basis.

Business & Finance: How to Make a Budget That Works

How to Make a Budget That Works

"Budget" has become a scary word--it shouldn't be! While preparing a budget does take a little bit of preparation, you can easily create a budget that works for you.

Business & Finance: What Can I Write Off for Taxes for School?

What Can I Write Off for Taxes for School?

Congress has long held it in the public interest to encourage Americans to seek an education --- and to save up in advance to pay for it. Congress has therefore written a number of incentives in the tax code to help families save for college, to subsidize educational financing and to recognize when

Business & Finance: How To Itemize Your Deductions

How To Itemize Your Deductions

Every taxpayer has a choice when it comes to filing their forms: they can either take a standard deduction, or choose to itemize. The standard option offers a set deduction based purely on your filing ...

Business & Finance: Can I Wipe Out Back Taxes by Filing Bankruptcy?

Can I Wipe Out Back Taxes by Filing Bankruptcy?

The answer is Yes. However, as with most laws pertaining to the Federal Government, there are conditions and certain stipulations. You can discharge back taxes owed to the IRS, by filling a Chapter 7 Bankruptcy, only if the following conditions apply:

Business & Finance: Can I Deduct Expenses for a Timeshare?

Can I Deduct Expenses for a Timeshare?

Like many tax deduction questions, what expenses you can deduct as a timeshare owners depends on how you use and obtain the property. Generally, you can deduct more expenses if you own the timeshare as a business, though even non-business owners can make some deductions. Talk to a tax preparer or ac

Business & Finance: Property Tax Relief

Property Tax Relief

Property tax is a tax on real estate, boats, aircrafts or other real property that is paid by the owner of such a property. The tax is determined on the basis of the value of the property. Property tax relief is a rebate or refund that the government provides to property owners who pay taxes on thei

Business & Finance: What Are the Benefits of Truck Driving?

What Are the Benefits of Truck Driving?

Truck driving has a promising job outlook, according to the Bureau of Labor Statistics. It is a job that requires a high level of skill and coordination. If you qualify for this job, membership does have its privileges. If you're interested in becoming a truck driver, learn more about the various b

Business & Finance: How to File Your Taxes in the U.S.

How to File Your Taxes in the U.S.

April 15 of every year is the deadline to file a United States tax return without a late penalty. All U.S. citizens, as well as resident aliens, must file either Form 1040 EZ, Form 1040A or Form 1040. These are official documents submitted to the IRS, along with any supporting statements and schedul

Business & Finance: Suggested Reasons for Filing a Tax Return Late

Suggested Reasons for Filing a Tax Return Late

A taxpayer might file a late income tax return for several different reasons. However, some reasons are routinely used by late filers because they are more easily accepted by the Internal Revenue Service.

Business & Finance: The Common IRS Problems

The Common IRS Problems

There are millions of people in this world who have their tax amount outstanding which usually varies from the income taxes or the payroll taxes. The tax may be levied for a number of reasons, which has to be paid towards the state or the Federal government. Here is a list of the common IRS problems