Taxes

The IRS is often bashed as being unfriendly to taxpayers. In many cases, this reputation is deserved. In relation to Hurricane Katrina victims, it is certainly not. As is well-known by now, the federal government did its best Keystone Cops imitation following Hurricane Katrina. Frankly, the action or lack thereof …

First prepare yourself, allow at least an hour to complete this task. Make your self a cup of tea or coffee and remind yourself that you must be patient. Make the call. Don’t procrastinate. If you owe the Department of Treasury (IRS), the penalties and interest are compounded daily. 1. …

It seems unfair that U.S. residents have to pay high income taxes on cyberspace profits, even if it is an ebook sitting on a server in Panama and sold to a buyer in the U.K. Counting Federal and state taxes, you can about double your bottom line just by moving …