Web Biz Finance

Tax debt can be a serious concern for people as IRS will find a way out to retrieve the owed amount from the debtors. Are you struggling to pay your IRS tax debt and frantically looking for debt help? Here are some other options to settle your tax [...]

The recent aggressive stance of by the IRS on searching for potential revenue from offshore tax evaders has many expatriates and businesspeople scrabbling to ensure that they are in compliance. The IRS uses the whip of staggering fines and criminal penalties to goad taxpayers into line even as it offers the carrot of amnesty to bring the wayward back into the fold. [...]

As an expatriate American, whether you are sipping a sherry on Spain’s Costa del Sol, hoisting a pint in an pub in Newcastle, or knocking down a tequila in Mexico’s Riviera Maya, it is comforting to know that you are not forgotten back home in the U.S.A. [...]

With all the crazy, last-minute changes to the tax law in 2010 the smart entrepreneur wants to know what really changed for them and they want a to the point, no b.s. analysis of what they need to pay attention to. Here it [...]

The U.S. citizen and permanent legal resident has the unusual distinction of being one of the only persons on this planet that is taxed on any foreign earned income no matter where she may have earned it. In fact, legend has it that the first person to greet alien abductees in update New York upon their return to the Earth was an IRS agent, wanting to know what they had received “anything of value or that felt good” during their abduction and reminding them to include it on their [...]

When your blog monetization strategy finally pays off and the cash starts rolling in; if you are like most bloggers you will look at your bank account, call it “my money,” and starting partying like a Kardashian in order to “enjoy the fruits of your labor.” As your nerdy, geeky accountant, it is my job to tell you that much of it, maybe even half of it, isn’t really your money and, if you don’t plan ahead, that the tax bill come April 15th may be the nastiest hangover of your [...]

For the vast majority of entrepreneurs, most of their business income is filed on the Schedule C of their 1040. Learning its traps, tricks, and opportunities can go a long way toward saving money on taxes and avoiding audits and hassles by the [...]

When you cook, do you consult the recipe book after having already prepared the meal? When you have sex, do you wait until you’re done to put the condom on? What about, do you starting preparing your tax return after the end of the year? What do you mean, “two out of three ain’t [...]