Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ

Bartering is Taxable Tax laws that apply to bartering! The IRS says that you must include in your income the fair market value of property or services you receive through bartering, at the time received. Typically, you must report his income on Schedule C or Schedule...

IRS Preparing to send out Child Tax Credit Checks The Internal Revenue Service is gearing up to mail advance payment checks to 25 million taxpayers eligible for a tax credit for their child in 2003. The payments will be mailed out starting July 25 and are...

IRS Shuts-Down "National Trust Services" Scheme FOR IMMEDIATE RELEASE TAX TUESDAY, JUNE 3, 2003 (202) 514-2007 WWW.USDOJ.GOV TDD (202) 514-1888 CALIFORNIA FEDERAL COURT BARS NATIONWIDE TAX SCHEME Justice Department Alleged Roderick Prescott sold hundreds of sham trusts WASHINGTON, D.C. - A federal...

Commercial Real Estate Tax Appeals are Increasing The commercial real estate market has fallen in the past few years, and many corporations are looking for breaks on their property taxes. Appeals of commercial property levies have nearly doubled in New Jersey, tripled in San Francisco, and...

Bankruptcy Discharges Corporate Officers Corporate directors facing crushing judgments for leading their companies down the path to ruin can still find shelter in bankruptcy court, the 9th U.S. Circuit Court of Appeals ruled Wednesday. Though most liens are dischargeable under bankruptcy law, those incurred as a...

Jobs and Growth Tax Relief Reconciliation Act of 2003 Capital Gains Tax Cut The Jobs and Growth Tax Relief Reconciliation Act of 2003 (HR 2), approved by the House and Senate on May 23 and was signed by President Bush on May 28, 2003. The key...

The New Tax Law Reduces some Business Taxes The new tax law expected to be signed by President Bush allows small businesses to write off $100,000 in investments this year. This is an increase from the $25,000 write off limit. All businesses could depreciate half...

The New Tax Bill Proposal Would cut taxes by $330 billion through 2013. Also provides $20 billion to state and local governments for Medicaid and other programs, to be paid over next two years. -Corporate dividends, capital gains: Would lower the top rate to 15 percent...

IRS wants $15mil to Hire Collection Agencies! The IRS plans to eventually place 2.6 million delinquent taxpayer accounts annually with private collection companies, according to Pamela J. Gardiner, acting Treasury inspector general for tax administration. It will need to make an initial $10 million to...

Next year, the U.S. Treasury a popular tax shelter for holders of U.S. Savings Bonds. Starting in mid-2004, the Treasury will stop issuing Series HH bonds. As a result, bondholders will no longer be able to roll over their Series E and Series EE bonds...