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g Taxes Site

BellaOnline's Taxes Editor

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 T O P   T E N  

Here are the top ten articles for the Taxes Site! These rankings are live and get reset at the beginning of each month, so check back often to see what your fellow visitors are most interested in!

1. HGTV Dream House Tax Nightmare
Is it fact or fiction that if you win the HGTV Dream House that it becomes a tax nightmare? Perhaps itís all an issue of perception and if you want to actually keep it or not. What would you do if you were the 2008 winner?

2. Why We Pay Income Taxes
When was the first income tax levied and why? The telling of this tale of taxes is unfortunately not a child's storybook tale but there have been many big bad wolves around for years huffing and puffing and blowing hot disagreeable taxing air.

3. Requesting an Extension of Time To Pay Your Taxes
So you owe the IRS money on your current yearís tax return or you filed your return for last year without paying the balance due and now you received a balance due notice from the IRS. Not sure what to do? Read on for some possible options.

4. Extended Due Date Change On Some Business Returns
The IRS is reducing the extension time from six months to five months on some business returns to correct a timing issue on returns that generate Schedule K-1 and other flow through statements that individuals need to complete there personal returns to "Reduce Tax Burden on Americaís Taxpayers".

5. Is my Investment Loss Deductible for my Taxes?
You canít turn on a TV, Radio or Computer these days without hearing about the economy and the plummeting values of investments. So you might find yourself wondering if your losses for the year in the value of your investments is deductible for tax purposes...

6. The Johnny Jingles Tax Write Off Tale
Our old friend Johnny Jingles has gotten ambitious. Word about town is that he is thinking about becoming a small business owner. It seems that heīs determined that he can make lots of money and use it all but never owe any taxes because of all the tax write offs. Poor Johnny is a bit confused.

7. The Taxing Subject of Taxes
The Taxing Subject of Taxes will undoubtedly always be a taxing subject but perhaps it will be less annoying if we all try to work together toward an outcome that benefits all classes of people who together are one taxing body of people who support America our country, our home!

8. AARA 2009 - Tax Deduction for Vehicle Purchases
The 2009 American Recovery and Reinvestment Act puts money into the struggling economy with individual and business tax relief. The goal is to stimulate growth and sales, including vehicle sales. If American made cars disappear, whatís next to disappear - baseball, hot dogs, and apple pie?

9. Taxes, Socialism, Redistribution of Wealth
The Republicans have focused on the story of Joe the Plumber and spreading the wealth. They used this story to label Democrats as socialists. But it is a fact that one of our first tax credits for tax and wealth redistribution was created during the Republican Reagan presidential term (per CNN).

10. Will I Owe Taxes If I Sell My Personal Residence
In slumping real estate markets it may seem that there are no homes selling at gains but in reality some people are still making money on the sale of their personal residences. This prompts the question of whether that gain is taxable for income tax purposes. Letís take a look at that query...



Be sure to visit the Taxes Archives for all the articles!



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The Taxing Subject of Taxes

Requesting an Extension of Time To Pay Your Taxes

Why We Pay Income Taxes

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