Tax help > Tax Time Uncovers Investor Abuse

Tax Time Uncovers Investor Abuse

Tax time brings out the fraud. Whether discovered by preparers or the taxpayer, individual investors who may have been abused by their stockbroker or firm typically find out now, when they are preparing tax filings, that they may have been burned in the prior year. Why? Monthly and year end statements are being reviewed. The investor or preparer may see securities never authorized, a pattern of active buying/selling that was not discussed or that was not consistent with goals and objectives. A concentration in one stock or sector may appear where it did not before.

So, it is now, at this time of year, that potential victims of Wall Street learn or suspect that they may have been abused.What to do? That's the big question. It is the story not often told. The true story of something great for burned Main Streeters: Securities arbitration. With it, investors can take their grievances before a panel who will determine if their claim is valid and to what extent Wall Street should recompense the Main Street individual investor."And the system works. I should know.

I have been doing it for 16 consecutive years," says Securities Fraud Hotline founder/CEO Paul N. Young.It is the story no one else has. And Young has the credentials to talk about what's going on in investor dispute resolution.Timely, real life. All demos, all sectors. It is the story of Main Street taking on Wall Street without court - and winning.The Securities Fraud Hotline is a free, national, one-of-a-kind service since 1989 at 1-800-222-4724.Paul N.

Young is a media experienced, well-back grounded expert who provides excellent and exciting analysis, interpretation, and information in an upbeat manner on securities arbitration and mediation for print and air..

Important Tip for March 15 Business Tax Filers on Avoiding a Common Error

Lowell, MA (ContentDesk) February 26, 2004 -- One in three business tax returns have the wrong Internal Revenue Service (IRS) Business Activity Code, according to Roger Winsby, president of Axiom Valuation Solutions.
This analysis is based on a review of hundreds of returns by his company, a national provider of business valuation services.
With only a few weeks before the business income tax filing deadline, Mr. Winsby recommends that CPAs and other tax practitioners should check the current IRS Business Activity Code assignment for their client companies at http://www.naicscode.com/.
This FREE web site offers a state-of-the-art industry search engine with the only comprehensive linkage between IRS Business Activity Codes, North American Industry Classification System (NAICS) Codes (both 2002 and 1997 versions), and the older SIC Codes.

These linkages are a key asset for assisting users to find...

Important Tip for March 15 Business Tax Filers on Avoiding a Common Error

Tax help > Important Tip for March 15 Business Tax Filers on Avoiding a Common Error

Cafeteria Plan Employee Benefit Should be Another Feather in Your Benefit Program's Cap

IRS code allows for employers to implement a pre-tax Section 125 Cafeteria Plan as an employee benefit. This plan allows for unreimbursed insurance expenses to be paid pre-tax. Examples include insurance premiums, doctors office co-pays, prescription co-pays, eye exams, eye glasses, contact lenses, laser eye surgery, orthodontics, and more...Implementing a Section 125 Cafeteria Plan will strengthen your benefits program, save your company FICA taxes, and save participating employees 17% to 40% in taxes (depending on their income tax bracket). What other benefits can you implement that strengthen your benefits package and you can do so with little or zero out-of-pocket dollars?If your employees are paying any portion of the monthly insurance premiums, then to save FICA taxes, implement the Premium Only Plan (POP) portion of a pre-tax 125 plan. A POP allows for employees to pay their portion of the group insurance premiums on a pre-tax basis and is a good start to saving taxes for you...

Cafeteria Plan Employee Benefit Should be Another Feather in Your Benefit Program's Cap

Tax help > Cafeteria Plan Employee Benefit Should be Another Feather in Your Benefit Program's Cap

Making Your Business Legal

It's important that your business be on the "up-and-up"right from the start. Taking care of the legal issuesassociated with starting a new business will keep you out of hot water in the future. Here are the first steps you need to take:1. Register Your Business NameYour business name must be registered if it is somethingother than your full legal name. This is a way of informingthe public that you will be doing business as (DBA) anassumed, or "fictitious" name.

Generally, a search is done to ensure your name is not already in use, and anapplication is submitted to make it official. Some statesrequire a notice be published in the local newspaper. Thedetails of registering varies from state to state, so checkwith your state office or county clerk for specifics.2. License Your BusinessLicensing of your business depends on the type of businessyou plan to start. Licensing occurs on the state and/orlocal level.

Federal licensing is only necessary forbusinesses who engage in specific,...

Making Your Business Legal

Tax help > Making Your Business Legal

Last-Minute Tax Help

Even if in most cases people don't want to hear about the word "taxes" until March, preparing early and staying organized will give you no headaches later. But, for most of the people, the deadline is the best and the only motivation for getting tax return done and they need a last-minute tax help.

Almost everyone knows that giving to charity provides you a generous tax relief in exchange, but many people don't have the patience to estimate correctly the value of the donated objects. There are
computer programmes that provide you tax help, making easier your situation.

Installation of these programmes that offer you tax help requires just some restarts of our computer. This kind of programmes are very useful because they help you save time by taking you through a simple process.They provide you tax help and all you have to do is enter some personal details, information about employment, pensions, incomes from other sources, eventual details...

Last-Minute Tax Help

Tax help > Last-Minute Tax Help

Tax Information for Small Businesses

(ARA) - The IRS publishes a lot of tax information to help small business owners and there are many ways to get it. You can always visit an IRS office to pick up copies of IRS forms and publications, although the IRS continues to make it easier for you to get these materials without leaving your office or maybe even your home.The IRS will send you forms and publications free of charge when you call them at 1-800-829-3676 with your request. Normally, you will receive the materials within 10 days, although there is another way to get tax materials right away.If you have access to a personal computer, you can browse and download IRS forms and publications from the IRS Web site at www.irs.gov.You also can get interactive help with your taxes while you're on line. For the latest information on business-related tax topics, click on the "Tax Info for Business" section. You'll find links to other Internet sites that may be helpful for your type of business.Tax Fax is another way to get business...

Tax Information for Small Businesses

Tax help > Tax Information for Small Businesses