Articles, tagged with "tax purposes", page 2

Taxes

New Capital Gains Laws

23rd November 2009
If you own a property which you are planning to sell, be sure to consult a tax advisor or get informed about tax law before doing so. Many real estate agents also know the subtleties of property selling and taxation. Several small points can make the diff...
Author: John Simon

Business Law

The International Forerunners of the American LLC

16th July 2009
Although the LLC in itself was founded in the United States, the brainchild for this idea was actually first raised elsewhere. There are new elements in the actual letter of what makes an LLC, but the first seed of the idea came from the German business c...
Author: mgordon

Taxes

Alternative Minimum Tax Planning - Importance of Controlling Your Income Small Business Owners & the

18th June 2009
The degree of control that small business owners and the self-employed have over the timing is much greater than that of employees, and also depends on the structure of their businesses. For example, if a person is small business owner, and thus self-empl...
Author: kinal

Taxes

Estimated taxes – planning for 2nd quarter Alternative Minimum Tax payments due June 15

13th June 2009
The second quarter for estimated tax purposes actually is a bit of a misnomer. The "quarter" consists of taxes for the months of April and May alone, unlike a normal three-month quarter. In any event, these estimated taxes must be paid by next Monday, Ju...
Author: kinal

Taxes

Here’s a Quick AMT Planning Example

08th June 2009
The most common item affecting folks paying the Alternative Minimum Tax is the deduction for state and local taxes. For regular tax purposes, you are allowed a deduction for state income taxes, city or other local income taxes, real estate taxes, persona...
Author: kinal

Taxes

7 Tax Tips for Married Couples

19th March 2009
Between the ever-evolving tax code, dozens of new credits and deduction, it can hard for married couples to know where they stand. If you and your spouse are having troubles with your taxes then please consider the following 7 tax tips for married couples...
Author: Roni Deutch

Legal

Converting from a C Corp to an S Corp

09th January 2007
As you may know, there are two types of corporations for tax and legal purposes. The "C" corporation is a more formal structure than the "S" corporation and taxed differently. Converting from a C Corp to an S Corp When forming a business entity, ma...
Author: Richard Chapo