Articles & Books From Taxes

Cheat Sheet / Updated 05-07-2024
Taxes are a part of life. Love them or hate them (okay, no one loves paying them!), everyone has to deal with them. The Reducing Your Taxes For Dummies Cheat Sheet is here to help guide you with some straightforward strategies to reduce your taxes.Time-tested strategies for tax-wise livingInvest a small amount of time to reduce your taxes.
Reducing Your Taxes For Dummies
Get year-round insight on reducing tax burdens This book walks you through the best strategies for reducing your personal tax burden and keeping more dollars in your pocket. If you plan and manage your finances all year round, tax season can be a cakewalk. Reducing Your Taxes For Dummies offers tips on maximizing your deductions, minimizing your income tax, and hunting for breaks on investment, real estate, and business income tax.
Tax for Australians For Dummies
Tackle your taxes with ease – and get the most from your next return!Do you want to be sure you're getting the maximum tax refund? Of course you do! Luckily, Tax for Australians For Dummies makes it easy to ensure you get every cent you deserve. Written by respected tax specialist and CPA fellow Jimmy B. Prince, this fun and friendly guide walks you step-by-step through the complex Australian tax system.
Taxes For Dummies
Cut your tax bill down to size with year-round tips and tricks Taxes For Dummies is the antidote to the annual headache that is the U.S. tax system. This book paves the way for you to file a return that maximizes all the deductions and credits available to you. It also provides insight on making smart financial decisions that help minimize your tax burden.
Cheat Sheet / Updated 11-21-2023
Taxes are a part of life. Love them or hate them (okay, no one loves paying them!), everyone has to deal with them. The Taxes For Dummies: 2024 Edition Cheat Sheet is here to help guide you through tax challenges with some straightforward strategies.Important IRS informationIRS Tax Forms and Publications. Only the most commonly used forms come with your annual IRS 1040 booklet.
Article / Updated 07-06-2021
Nobody forgets the first time, whether it was at their high school job at the ice cream parlor or their first job out of college, that they eagerly tore open a paycheck — already planning a shopping spree — only to find that someone had stolen a huge chunk of their money! (If you haven’t felt this sinking feeling yet, prepare yourself.
Article / Updated 03-26-2016
Businesses can deduct a wide variety of business expenses from their taxes. The IRS specifies that, to be tax-deductible, business expenses must be ordinary and necessary for the operation of your business. Tax-deductible expenses include the following: Home-office If you work from home you can deduct the costs of operating and maintaining the part of your home that you use for business.
Article / Updated 03-26-2016
Value Added Tax, or VAT, is a tax charged on most goods and services provided by VAT-registered businesses in the UK. VAT is charged when a registered business sells to either another business or to a non-business customer. When registered businesses buy goods or services they can generally reclaim the VAT they’ve paid.
Article / Updated 03-26-2016
Many tax payers in Canada pay interest on personal borrowing, such as mortgage interest, car loans, lines of credit, and credit cards, but few Canadians can deduct that interest on their tax returns. A way exists, however, for some tax payers to convert that non-deductible interest into a tax deduction. This strategy is commonly known as debt-swapping.
Article / Updated 05-03-2023
An important bit of information you should calculate while you're working on your taxes is your effective tax rate, which is the actual percentage of your gross income that you pay in income taxes. Here’s how you do it: On the first page of your 1040, find your Total Income. Locate your Total Tax. Divide your Total Tax by your Total Income.