Roth Ira Distributions At Death: Pitfalls To Avoid Free PLR Article One of the most attractive features of a Roth IRA is the ability to control the timing of the eventual required distributions. However, this ability mandates the withdrawals required. If and when income is needed, withdrawals can be made, but there is no IRS requirement. When the Roth IRA owner dies, RMDs must begin. When they are required to begin and how the distributions are received is a function of several ...
Mobile Home Tax Deductions Free PLR Article People who choose the cost-efficient mobile home lifestyle can save even more money with specialized tax breaks. Owners of mobile homes who pay taxes to local government for parking in their cities for parking in their cities or states are eligible for a tax deduction. Under IRS rules, a home can be a house, condominium, co-op, trailer, mobile home or even a houseboat. In order to qualify as a home, the property should have cooking, In order to qualify as a home, the property should have cooking, sleeping and toilet facilities. Since mobile homes meet all of these conditions, owners may take advantage of the tax deductions notified by the federal government. Mortgage ...
Miami Tax Attorney: Acting on Cases of the Innocent Spouses Free PLR Article Miami Tax Attorney: Acting on Cases of the Innocent Spouses Most Miami couples file their joint income tax returns. Meaning, both of them are legally held to be income tax returns. Meaning, both of them are legally held to be individually and jointly responsible for the payment of the rightful sum of taxes. The spouse who has a limited source of income is made to be held responsible in the event that of each other with their own tax dues. The bad part to this is that the IRS will get its hand to the innocent spouse when... Miami Tax Attorney: Acting on Cases of the Innocent Spouses Free PLR Articles ...
Learn the tax benefits of a Flexible-benefits Plan Free PLR Article Flexible-benefits Plan (FBP) is an employee benefits plan which helps the employees to save considerable amount of taxes by paying certain expenses from their pre-tax income. the eligible expenses from pre-tax income are medical, vision, dental, elder care, and dependent care. All state employees who get a regular paycheck are entitled to participate in the flexible-benefits plan. Flexible-benefits Plan mainly boasts Plan. FBPs are regulated by sections 125 and 129 of the Internal Revenue Code (IRS). Hence it is advisable to review the IRS rules before you enroll. If you wish to enroll in the FBP, then it is better from your... Learn the tax benefits ...
Tax Returns Should You Itemize? Free PLR Article When you finally decide it is time to prepare your taxes, the first question is whether you should itemize your deductions or take the standard deduction provided by the IRS. Choices, Choices ...
New Business Credit Card Managing Cash Flow With A Free PLR Article New Business Credit Card Managing Cash Flow With A Business Credit Card A business credit card can help you manage your companys finances more efficiently. With a line of manage your companys finances more efficiently. With a line of credit, you can handle cash flow issues, keep track of expenses, and qualify for deals and discounts. Manage Cash Flow Cash flow is always an issue with businesses. Bills are due to take out a line of credit. For small business, a credit card is often the first type of credit available to you. For sole proprietorships, your personal credit record will determine your credit limit. For other types of ownership, you will ...
Payroll South Carolina, Unique Aspects of South Carolina Payroll Law Free PLR Article Payroll South Carolina, Unique Aspects of South Carolina Payroll Law and Practice The South Carolina State Agency that oversees the collection and reporting Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In South Carolina cafeteria plans are not taxable for income tax calculation; not taxable for unemployment insurance purposes. 401(k) plan deferrals ...
Payroll Service, Changing Providers. Chapter One. Reasons to change Providers Free PLR Article Payroll Service, Changing Providers. Chapter One. Reasons to change Providers Why would you want to change payroll service providers? Service service providers? Service Stinks Cost too High Too many Errors No help with IRS Lost in the Shuffle Service Stinks. Payroll service is all about service. If you dont perceive that your business receives good service then you probably arent salespeople promise what production cant deliver. Are your problems addressed, and more importantly solved, immediately. If your account has been overdrafted and you dont get your money back in two business days or less you are not getting good ...
Consolidate Debt Safely Free PLR Article Even though debt consolidation can save your financial status, as well as your personal relationships you still need to be aware of the growing trend to consolidate debt. Financial planning is always of what some of these firms offer. Many have advertised all over the Internet and TV, but some of these are now being sued by different attorney generals, the IRS, and even the FTC. The reason for these suits is the fact that they are not ...
IRA Distribution MistakesHow to Blow your Retirement Money Free PLR Article With the population aging and over 4000 people a day being forced to take IRA distributions (such distributions are mandatory by April 1 after reaching age 70 1/2), not use during their lifetime. Say they leave $500,000 of retirement assets to heirs. They believe junior will make small withdrawals each year (required by IRS) and at 6%, the account with a 42-year-old beneficiary, will generate $2.5 million ...