02 Jul We Hold These Truths…
Thank you Founding Fathers! Please read the Declaration of Independence: https://www.taxesq.com/declaration.pdfsee: http://www.TaxEsq.com...
Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ
21 Jun IRS Going After NonProfits
Nonprofit organizations that do not file 990's can lose their exempt status. Previously, only nonprofit organizations that have more than $25,000 of income had to report. Now all month profits must report. The IRS is trying to promote the concept of this...
14 Apr IRS Focuses Audits on Smaller Businesses
Even the the return is much greater for auditing large businesses, the IRS is focusing on auditing small businesses reports Atlantic Monthly. The reason is large firms have the resources to fight the IRS and drag on audits while smaller companies do not hire the...
15 Mar Foreclosures will Increase
The Washington Post Reported:The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.About...
11 Mar Government requires NonProfits to Incur Accounting Expenses
Nonprofit groups are paying a price for the corporate and accounting misdeeds of Enron, Tyco International and others nearly a decade ago.That price is manifested in increased tax-preparation and auditing fees.In simple terms, the federal government now requires nonprofit groups to provide more extensive information...
27 Feb Tax Simplification? A Bill Languishes in the Senate
The Bipartisan Tax Fairness and Simplification Act of 2010, would also eliminate the alternative minimum tax and reduce the number of individual tax brackets from the current total of six to three: 15 percent, 25 percent and 35 percent. The bill would nearly triple...
10 Feb U.S. = the New Greece
Greece is having Massive Economic Problems. Germany is trying to bail it out so it does not pull down the EU and the World economy. Greece is yet one more example of a government offering its population loads of benefits, while at the same time,...
12 Jan Estate Tax in Limbo for 2010
The death tax, as many refer to the Estate Tax, was changed earlier in the decade so that in 2009 it would impose a tax rate of 45 percent to the estates of people who die with more than $3.5 million in assets. Before the...
19 Dec US 4th in Business
The World Bank's Doing Business 2010 report lists Singapore, New Zealand and Hong Kong as the top 3 places to do business in the world. The US Ranks number 4. The US's strengths are employing workers, protecting investors and getting credit (this last item makes...
24 Nov Existing Home Sales Increase in October
Existing Home Sales Increase in OctoberIn October, existing home sales rose by 10.1% and are now 23.5% above the year-ago rate. Sales were at a seasonally adjusted annual rate of 6.10 million, up from 5.54% in September and a 4.94 million pace a year ago.Existing...