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 Your Guide to 2009 Tax PlanningWith a new president in charge, and the economy in a full recession, there are lots of changes being made to the US tax code. It can be confusing trying to deconstruct some of these changes. It is even more difficult to figure out which ones will benefit you. 4 FAQs About Estimated Quarterly PaymentsTo help anyone wondering if they should to make a payment please consider the following answers to the most common questions about estimated quarterly tax payments. What’s the Difference Between a Tax Lien and Levy?The tax world is full of jargon and enough acronyms to make your eyes cross. Its no wonder so many people are confused about the difference between a tax lien and a levy. Top 7 FAQs About IRS Tax LiensFinding a notice of an IRS tax lien in the mail can be a scary and intimidating thing. However, there are several steps you can take to overcome the situation and prevent the IRS from taking any further action against your property. Unfortunately though, many taxpayers do not even understand exactly what a tax lien is, let alone how to deal with it. Cigarette Taxes Throughout HistoryThe war on tobacco—through cigarette taxes in particular—is almost as old as the concept of taxation in general. However, the history of taxes on tobacco products in America is particularly interesting, as the battle itself intrudes on what many feel is a civil right – the right to smoke. The Largest Tax Protests in American HistoryThere have been many instances throughout United States history where citizens and taxpayers have stood up to revolt against taxes they felt were being unfairly imposed. Recently, we saw the libertarian and conservative inspired “Tea Party” rallies on tax day, but this was neither the first nor the last time we will hear about tax protests. As long as governments are levying taxes, there are always going to be people who do not want to pay them. How to Support Your Local Economy with Your Tax RefundNow that tax season is over, American taxpayers across the country are wondering what to do with their refund checks. In a struggling economy, the best place to start is at home. IRS Back Tax Prevention Tips for Senior CitizensThe country’s poor economy is making life hard for people of all ages, but for some senior citizens living in this country it may feel like things have gotten especially difficult. Many are finding themselves behind on their taxes, leading to penalties and unnecessarily high tax debts. Once these liabilities begin to accumulate, it can lead to bank levies, and endless calls to the IRS, making life especially difficult. How to Help Your Local Economy with Your Tax RefundNow that tax season is over, American taxpayers across the country are wondering what to do with their refund checks. In a struggling economy, the best place to start is at home. By making purchases locally you can support your neighbors, friends, and community. 7 Tax Planning Tips for FamiliesTax planning certainly does not get any easier as your family grows. However, as long as you are fully aware of your financial situation and the steps that need to be taken, you should be ahead of the game.
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