Most Recent Articles For: tax liability

Written by admin on May 13th, 2011
A 1031 exchange is a tactic used by real estate investors to indefinitely defer tax liability on a property's sale. This is achieved by giving the rights to a property ...
Written by admin on May 6th, 2011
The IRS collects taxes on behalf of the Government. Many times, citizens do not pay their taxes on time and end up ignoring the various notices issued by the IRS due to various reasons. ...
Written by admin on May 5th, 2011
If for some reason the investor is unable to sell the relinquished property within the strict 180 day deadline, the EAT will transfer title of the new property to the investor. The investor will ...
Written by admin on April 13th, 2011
It's tempting to think that a £100 fine is a small price to pay for filing your tax return late. After all, it's only a small amount and you may not even have to ...