Personal Finance 
Taxes
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Stacy Says - Taxes
Q: My husband and I owe in excess of 31,000.00 in back taxes. We have learned all too well that our ignorance of tax witholding laws is no excuse to the IRS. I would like to know how to choose an agency that can help us to eliminate or reduce our tax debt to a level that we can pay. We are so afraid of the multitudes of options from companies claiming to ...
Over the years a few brave souls have actually tried to tackle our tax laws for the express purpose of making them simpler and therefore fairer. Back in 1998 I did TV news stories about a couple of proposals then on the drawing board. The first was a proposal for a flat tax, proposed by Congressmen Dick Armey and Richard Shelby. Under this proposal, our entire tax code would have ...
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News From Around The Web - Taxes
A homeowner currently confined to an assisted living facility might not have to worry about residency requirements to claim capital gains exclusion, says CPA George Saenz.
There are limitations on income for those who want to write off their rental property, says CPA George Saenz.
A backyard swimming pool may be deductible for medical reasons if you can convince the IRS, says CPA George Saenz.
When an S corp is sold, there is a difference in how debts and losses are treated, says CPA George Saenz.
You can avoid the penalty and some of the taxes on an IRA withdrawal if it is used for a first-time home purchase, says CPA George Saenz.
The type and amount of gambling winnings determine if they are reportable, says CPA George Saenz.
Commuters try to rev up employer's tax benefits at their own peril, says CPA George Saenz.
A self-employed man with a stay-at-home wife and new baby can deduct their health insurance premiums, says CPA George Saenz.
The IRS has softened up a bit, and now allows the convenience of paying yearly and quarterly taxes by credit card, says CPA George Saenz.
When one spouse fails to pay up on a joint tax return, the other can claim innocence to the IRS, says CPA George Saenz.
