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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 it’s 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. 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. Let’s take a look at that query...

3. Economic Stimulus Package Rebate 08 Facts To Date
The first fact is that the facts are confusing related to the Economic Stimulus Package Rebates for 2008. Like many things in life these days even good things come with baggage; in this case confusion is the name for the baggage attached to the 2008 Economic Stimulus Package rebates...

4. Is It Considered Taxable Income?
Many, many times throughout the year someone asks me if income that they received is considered taxable for federal income tax purposes. Here are a few of the items that are commonly mentioned followed by the question “Is It Taxable?”

5. Is my Investment Loss Deductible for my Taxes?
You can’t 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. Requesting an Extension of Time To Pay Your Taxes
So you owe the IRS money on your current year’s 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.

7. Death and Taxes and The Taxpayer Bill of Rights
Two famous quotes about taxes are, "In this world nothing can be said to be certain, except death and taxes,” and “Death, taxes, and childbirth! There’s never any convenient time for any of them.” As a taxpayer you should review the Declaration of Taxpayer Rights to help you deal with Taxes.

8. What is the Standard Deduction?
When you prepare your personal federal tax return, or have it prepared, you choose to reduce your gross income by the amount of your allowable standard deduction or allowable itemized deductions. You cannot do both. So how do you know which one is better or which one you qualify to take?

9. 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, what’s next to disappear - baseball, hot dogs, and apple pie?

10. Stimulus Bill of 2009 Tax Facts
Unless you’ve been living under a rock, you know that new stimulus legislation has been passed and signed by the President. The American Recovery and Reinvestment Act of 2009 includes some new tax provisions. The biggest question being asked by most people is what does that mean for me?



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



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