New Tax Incentives in the Small Business Jobs Act of 2010

New Tax Incentives in the Small Business Jobs Act of 2010

President Obama signed into law the Small Business Jobs Act of 2010 (H.R. 5297, the “Act”) on September 27, 2010. The Act includes a $12 billion tax incentive package aimed at small businesses to help them grow and to expand lending. These tax incentives are offset by several revenue-raising provisions, as discussed in more detail below.

Provisions Providing Small Business Access to Capital

Temporary 100 Percent Gain Exclusion on the Sale of Certain Small Business Stock

In general, non-corporate taxpayers may exclude 50 percent of any gain from the …

Tax Attorney – How To Find Help For An IRS Audit

Tax Attorney – How To Find Help For An IRS Audit

The last letter anyone wants to receive is one from the IRS. You may have just found out that you are to be audited, but do not panic. All you need to do is know how to find the best help and you may be able to lessen penalties. The laws and processes pertaining to the Internal Revenue Service can be very complicated, so you will need assistance from someone who knows how the system work. Read on for some advice on how to find the best tax attorney …

Need Answers to Legal Questions? Tips on Researching Before Hiring an Attorney

Need Answers to Legal Questions? Tips on Researching Before Hiring an Attorney

Most small and medium sized businesses and corporations have legal counsel on retainer, to gain quick access to legal questions which may arise at any time. Typically, the attorney on retainer specializes in their type of business and is familiar with the laws particular to their enterprise. However, ordinary people can also suddenly find themselves in need of legal advice, but without the benefit of a personal attorney. Some common examples include auto accidents, or landlord-tenant disputes. So where do you begin to find some answers? Frequently, you …

Federal Tax Relief

Federal Tax Relief

Federal income tax relief is available to anyone who has an outstanding tax debt. Not everyone knows how to go about finding help. They think they are stuck and have no options. This is not true, you do have options. The IRS depends on the fact that most taxpayers will not seek legal counsel in these situations, but it is to your advantage in doing so. The IRS has severe penalties and fines for those who fail to pay back taxes, this can happen to anyone, no matter if you wealthy or a middle-class citizen. If you …

Tax Relief Tips For Beating the Odds When Standing Up to an IRS Audit

Tax Relief Tips For Beating the Odds When Standing Up to an IRS Audit

When it comes to tax audits, the IRS wins 80% of the time. Taxpayers are deemed guilty till proven innocent, which means the IRS can start an audit by disallowing every deduction you made on a return until each one is proven to be legitimate. If a taxing authority has decided to audit you, it’s important that you don’t let yourself be pushed around by the IRS. Additionally, if you don’t file your taxes, the IRS may file them for you.

Once the IRS decides to …

Very Common Truck Accident Causes

A commercial truck presents some unique dangers to all smaller vehicles. The truck driver needs to be fully aware of all vehicles on the road and all the other drivers need to be cautious while in the presence of larger trucks. Even very small driving errors might lead to you needing a lawyer for truck accidents Indianapolis as soon as possible.

Passenger Vehicle Driver Causes

Passenger vehicle drivers (mostly cars) are often to blame in truck accidents. Usually, the cause is ignoring the capabilities of the truck, like the limits naturally associated with visibility and braking. Examples of unsafe acts …

Australia Immigration Land of Rising Opportunities

Australia is all geared up to open its doors for the skilled workforce for its local industries.

Australia with its 22 million populations occupies the sixth rank in world’s total area. The vast land and rising economy attracts many immigrants from around the world. Initially it was only for education and its world class universities that brought student mostly from Asia to its door steps. World class universities are not the only draw for students to Australia. It is also the promising future and the dream lifestyle after the education and lucrative job that attract the students to the country. …

How to Avoid Having Garnished Wages

How to Avoid Having Garnished Wages

Because of past due tax debt, many people have had their wages garnished or bank accounts levied. There are many effective actions you can take to avoid having garnished wages. Delaying action or ignoring the IRS or other tax agencies is the worst thing you can do. To avoid irreparable damage to your credit and financial integrity, it is extremely important to do your best to pay your tax bills on time. If you are financially unable to meet your obligations, it is imperative that your creditors are contacted to make alternate arrangements. You …

Donald Trump and Bankruptcy

Historically in the United States, bankruptcy is a term that has carried an extremely negative connotation.  Those who file for bankruptcy protection are seen, mostly by themselves, as failures who could not meet their monthly obligations.  Unfortunately, this is almost always an inaccurate way to think about and approach bankruptcy, as you’ll see below.
Donald Trump
When people think of successful businessmen in the United States, many will either immediately or quickly think of Donald Trump.  He’s long been famous for his aggressive business tactics and his willingness to make the ‘big deal’ that makes a huge splash with the …

Canada Federal Skilled Worker Program List

Canadian immigration has for sometime relied heavily on entry of trained manpower into the domestic labor pool. With changing times the aspirations and demands of local industry and other performing sectors have been witnessing drastic changes and transformations i.e. labor availability is dwindling on one hand and on other workforce is fast ageing up besides growing needs for appropriately trained workers by various sectors of economy. This has created a dire need for a renewed and revised immigration policy and Canadian government is almost on the verge of enacting new laws that would redefine Canada Federal Skilled Worker Program List …