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© 2007, Powered by BizActions
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Hi, Robert. Here are your Articles for April 25, 2007.
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Timely Opportunities
Too Much Paperwork? What You Can Throw Away Now
After filing your 2006 tax return,
you can throw away some of the paperwork. But save essential documents that can protect you during an IRS audit or help you collect a future refund. Click "Full Article" for a handy reference guide about the business and personal tax paperwork you need to retain, as well as why it's important to maintain meticulous records of the hours employees work.
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Personal Finance
Sell Your Income Property Tax-Free
Uncle Sam still requires you to pay tax
when you sell appreciated investment real estate. But here's a smart long-term maneuver that lets you keep your profits from a rental home or investment property tax-free.
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Business Tax
Know the Ins and Outs of 'Reasonable Compensation'
The IRS sometimes challenges the compensation
of corporate shareholder-employees and decides the amounts are too high or too low. If auditors determine your salary is unreasonable, you company could be hit with back taxes and penalties. Here are two cases of taxpayers who contested IRS salary determinations in court, along with some ways to justify a reasonable salary.
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Personal Tax
Age Has its Privileges ... and Penalties
Reaching certain ages
can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out. Take a look at some age-related milestones that are important to you and your family members.
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Latest Business Headlines
Dow hits record high on upbeat earnings reports
chron.com - Wed, 25 Apr 2007 15:43:59 GMT
Breaking News: Dow Flirts with Benchmark
www.smartmoney.com - Wed, 25 Apr 2007 15:42:04 GMT
People on the move, Apr. 25
mercurynews.com - Wed, 25 Apr 2007 15:39:38 GMT
Dow Jones Passes 13,000 Level
sky.com - Wed, 25 Apr 2007 15:39:12 GMT
Durables spending on the increase
politicalgateway.com - Wed, 25 Apr 2007 15:39:09 GMT
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