Determining whether or not you have to pay taxes on your Social Security benefits really comes down to two factors: 1) your tax filing status, and 2) the amount of your "combined" income. Generally speaking though, you will not have to pay any taxes on your Social Security benefits at all, if that is your only source of income. Have you ever made contributions to an IRA account, then wondered if you can deduct that investment from your taxes? The simple answer yes, you can, but only in some cases.It all depends on what kind of IRA you contribute to, and in some cases your income level, and if you are covered by an employer-run retirement account or not. Being on the receiving line of an Internal Revenue Service agents phone call or mailing informing you that your tax returns are being audited is a nightmare that millions of Americans have undoubtedly had. A tax audit can turn an otherwise quiet life upside down and cause undue stress on an individual and their family. Every state figures out a way to collect revenue in the form of taxes, but not every state is equal in how they go about doing that. Some states have a high sales tax while others have no sales tax at all. This piece will focus on breaking down the best and worst states when it comes to their sales tax. April 15th, otherwise own as Tax Day, is ever nearing. If you're one of the millions of Americans that has decided to put off your filing to closer to deadline day and are trying to jog your memory back into tax filing gear, no worries. That's what this entry is for. Most people's goal every tax season is to figure out how to owe as little in taxes as possible. The purpose of this entry is to help you with that. The goal here is to show you a handful of ways that you can potentially lower your tax bracket through various personal deductions, thereby lowering the percentage you are taxed at, and save you money. The Child Tax Credit is one of the most straight forward tax credits that are available for Americans of all tax brackets. First enacted in 1997 and expanded in 2001, this credit has helped offset the cost of raising an eligible child under the age of seventeen. Ever wonder what would happen if you just skipped out on filing your taxes? You get your paperwork back from your employer, either in the mail or through e-mail, and just think too yourself, ugh, not again. I don't want to go through this hassle again. So you just let the task fade back to a darker corner of your mind, and forget about it. If you own real estate in the United States, you know all about property taxes. And it stands to reason that you feel each and every time you pay that you might be paying too much. Ever wonder if you can proactively get your property taxes lowered? The simple answer is you can, if you are willing to put in a little effort. Finding the right tax professional who is able to find you every deduction, credit, and write-offs can oftentimes seem like an impossible task, but it doesn't have to be.
Offshore Tax Shelters News & Opinion Articles |  | Wed Jan 09, 2019 | abcnews.go.com The Internal Revenue Service plans to process tax returns and issue refunds on schedule, whether the government is full... |
|  | Tue Jan 08, 2019 | cbsnews.com Tax refunds will not be affected by the partial government shutdown, a top Trump administration official claimed in a b... |
|  | Mon Jan 07, 2019 | marketplace.org The Internal Revenue Service is operating on a skeleton crew, down to just an eighth of its workforce, during what’s ty... |
|  | Mon Jan 07, 2019 | washingtonpost.com The Internal Revenue Service plans to pay tax refunds in the coming weeks, administration officials say, after the Whit... |
|  | Tue Apr 03, 2018 | aol.com The moment of truth is nearly upon those who waited to file their federal income taxes -- Here are a few tips for meeti... |
|  | Tue Apr 03, 2018 | cbsnews.com Sending a hastily prepared return can be a big mistake, so take advantage of this option -- but do it carefully. |
|  | Thu Apr 14, 2016 | time.com Tax havens cost the U.S. $100 billion in taxes each year. |
|  | Sat Feb 21, 2015 | startribune.com America’s multinational corporations are growing grudgingly resigned to paying U.S. taxes on $2 trillion in profits the... |
Offshore Tax Shelters Videos |  | Mon Feb 04, 2019 An inventor presents his new creation that he calls RoboChild. He asks the robot what he... |
|  | Mon Feb 04, 2019 A camera zooms in on various tax codes used by active duty and veteran members of the arm... |
|  | Fri Feb 01, 2019 A robot with a doll-like face attached to an otherwise robot looking body wakes up her sl... |
|  | Mon Jan 07, 2019 Millions of Americans who receive benefits from the country's food-stamp program, known a... |
|  | Wed Dec 26, 2018 Your Social Security benefit could be taxable. |
|  | Sun Jan 07, 2018 (Tax Cuts and Jobs Act 2018) 2018 Income Tax Changes for individuals explained! (2018 Fed... |
|  | Fri Dec 22, 2017 Did you know that the U.S. federal government collects more than $3 trillion in taxes eac... |
|  | Sat Dec 02, 2017 The Senate passed a $1.5 trillion tax package early Saturday, pushing closer to one of th... |
|  | Thu Nov 16, 2017 House Republicans passed their tax-overhaul bill as Senate tax writers continued to debat... |
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