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Messenger Publishing Group

Tag Archives: Taxes

What is the Foreign Tax Credit?

Posted on January 20, 2015 by SingleAGAdmin
You have a choice to take the foreign tax paid as either credit or as a deduction.

By Dean Alexander Before we answer the question fully let us ask what a credit is. A credit is best defined by contrast to a deduction. At the outset let us just say that a credit is much more important … Continue reading →

Posted in Your Money & Finances | Tagged Foreign property, Taxes

Basis of Property May Be All the Tax Help You Need

Posted on January 20, 2015 by SingleAGAdmin
If you don’t know the law and you are a do-it yourself type, you may be hurting yourself big time by either paying too much tax or incurring tax debt that may not be needed.

By Dean Alexander Basis of Property is very crucial as one navigates through tax problems and issues. In some instances the basis will be the amount that will be subject to depreciation. People usually think of basis as the cost … Continue reading →

Posted in Your Money & Finances | Tagged Taxes

A Car Can Drive You to a Successful Offer in Compromise

Posted on January 20, 2015 by SingleAGAdmin
Tax debt can be resolved through a number of options.

By Dean Alexander As many know, there are three possible settlement options to people facing tax problems. The options generally are driven by your ability to pay the IRS for the back taxes you owe them. Although the amount of … Continue reading →

Posted in Your Money & Finances | Tagged Taxes

Am I Married? How to File Your Taxes.

Posted on January 20, 2015 by SingleAGAdmin
People can over complicate tax issues by thinking too much.

By Dean Alexander Simple intuitive concepts get complicated once humans start thinking. Take the word love. Simple isn’t it? Now on close examination we can complicate the simple concept by asking questions. Do we mean love between a man and … Continue reading →

Posted in Your Money & Finances | Tagged Taxes

Audit Appeal Issues and Options

Posted on January 20, 2014 by SingleAGAdmin

By Dean Alexander After the first panic of an audit notice, you recover and get to the business of collecting evidence to substantiate your numbers on the tax return. You agree (by yourself or with the representative) with the revenue … Continue reading →

Posted in Your Money & Finances | Tagged Taxes

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