| Hi Website Visitor. Enjoy your Articles for February 18, 2008. |
| New Law Provides Two Important Business Tax Breaks |
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By now, you've probably heard about the new federal law that will be providing tax rebates to qualified individuals, beginning in May. But the Economic Stimulus Act also includes valuable new tax breaks for businesses on qualifying equipment and vehicles that they purchase. Click "Full Article" to find out which businesses are eligible, how much they can claim and what type of assets qualify.
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| Cut College Costs by Becoming a Landlord |
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There may be a way to provide housing for your college student, pick up valuable tax deductions -- and possibly even collect big profits. Click "Full Article" to find out more.
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| Know the Ins and Outs of 'Reasonable Compensation' |
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The IRS sometimes challenges the compensation of corporate shareholder-employees and decides the amounts are too high or too low. If auditors determine your salary is unreasonable, you company could be hit with back taxes and penalties. Here are two cases of taxpayers who contested IRS salary determinations in court, along with some ways to justify a reasonable salary.
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| Age Has its Privileges ... and Penalties |
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Reaching certain ages can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out. Take a look at some age-related milestones that are important to you and your family members.
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