As investment real estate values have deteriorated and financing for properties remains very difficult to obtain, more and more investors find themselves in a predicament where they want or need to sell a property, but the net proceeds of the sale will not cover their tax obligations from the ...
Most Recent Articles For: Tax
Written by admin on December 2nd, 2011
Written by admin on November 24th, 2011
Article by Marty Martelle
When a levy is placed, the IRS will seize the taxpayer's assets, including the monies in a bank account or a persons paychecks. When a levy is placed on a paycheck, it remains in effect until a levy release is granted. A lien works differently. When ...
Written by admin on November 24th, 2011
Article by BT Financial
For many investors, the share market is synonymous with capital growth. But capital growth is only one aspect of the stock market story. As an investor in a managed fund, it's likely you have exposure to shares and are entitled to a slice of a company's ...
Written by admin on October 21st, 2011
Article by S. Pierce
Written by admin on October 11th, 2011
S corporations or S corps is one of the two most popular forms of business legal structures in the state of Illinois, the other being the Illinois LLC, and for a good reason. And that reason is the fact that an Illinois S corp is considered to be a ...