Category: Tax

Confusing ?Use Tax? Exemption Requirement ?First Functional Use? Explained

The article written last month titled “Proper Delivery Outside of California Begins the “Use Tax” Exemption Process” explained the importance of, and how to, properly take delivery of an aircraft outside the state, which is the first step in the California sales and use tax exemption process.  If you didn’t get a chance to read [...]

Saturday June 20th, 2009 in Tax | No Comments »

Ways to save tax – apply three simple tricks

Tax payment has confused all people. There are a lot of people who don’t want to hear the word “tax” again. The payment of tax is just lot of worries for them. You may be one of them. If you are [...]

Monday June 8th, 2009 in Tax | No Comments »

IRS Tax Debt and Benefiting From Tax Attorney Services

IRS tax debt
If you happened to be one of the unfortunate individuals to owe tax debt from your past years, or you have paid your taxes for the current year, and still expect to owe further taxes to the IRS in the form of IRS debt, it’s possible for you to find a solution to [...]

Tuesday June 2nd, 2009 in Tax | No Comments »

How to File a Tax Extension

If you are feeling the stress of the upcoming April 15 income tax deadline, you have another option – you can file a tax extension and delay your income tax deadline to October 15.

The IRS is willing to grant you the six month income tax extension without you having to come up with an excuse [...]

Saturday May 16th, 2009 in Tax | No Comments »

LEVY OF SERVICE TAX ON EXTERNAL COMMERCIAL BORROWINGS FROM FOREIGN BRANCH OF AN INDIAN BANK

1. Service tax authorities, of late, have been issuing notices to various borrowers of External Commercial Borrowings (ECB’s) from foreign branches of Indian banks and holding them liable to pay <a rel=”nofollow” onclick=”javascript:pageTracker._trackPageview(‘/outgoing/article_exit_link’);” href=”http://www.taxmann.net/STOnlineWeb/NewHomePage/Home.aspx?pId=160″>Service tax</a> from September 10, 2004 under section 65(12)(a)(ix) of the Finance Act, 1994 which covers ECBs.

According to the borrower, the [...]

Friday May 15th, 2009 in Tax | No Comments »

Filing an Irs Tax Extension With Filelater ? 5 Minutes Gives You 6 More Months to File

Welcome to yet another tax season.

With a matter of days remaining until the April 15 IRS income tax deadline, the stress level of Americans is on the rise. Prepare yourself for more angry drivers on the freeways, impatient customers in the lines of local coffee shops and grocery stores, and friends who don’t quite treat [...]

Wednesday May 13th, 2009 in Tax | 1 Comment »

5 Good Reasons to File an Income Tax Extension

With not much time remaining until the April 15 IRS income tax deadline, many Americans are scrambling to finalize their income tax returns. This year, a growing percentage of taxpayers will choose to file an IRS income tax extension, which will postpone their tax deadline to October 15.

If you’re considering filing an [...]

Monday May 11th, 2009 in Tax | No Comments »