Taxes Articles & Resources | Federal Taxes | Income Taxes

Schedule C Returns Information

Schedule C returns are used by sole proprietorships to report their record of earnings and expense in their business to the Internal Revenue Service. The complexity of the form, coupled with the interpretations of the tax ...

By: J.Morgan

Tax Return Forms

According to federal laws governing taxation, any person, receiving an income in one form or the other, need to pay income taxes to the government annually. But, the job of preparing tax returns, the calculations and the m...

By: Lukas Wade

Penalties on IRAs, MSAs, and 401(k) s

The 401(k) is a retirement plan implemented and provided to employees by their employer as a means to save for their retirement. Not only do many employers contribute to the employees 401(k) along with employee contributio...

By: J.Morgan

Gov. Mark R. Warner and some Republican legislators are urging the General Assembly to revamp taxes on telecommunications in light of the new phone, cable, wireless and Internet options available to c...

State governments are moving ahead with plans to create the data infrastructure that they and retailers will need to manage the collection of taxes on most e-commerce transactions.

Congress isn't likely to help states collect taxes on Internet sales anytime soon, but some states are laying the groundwork anyway, hoping to convince sellers, lawmakers and the White House that it c...

State policymakers frequently cite a 2002 study by two University of Tennessee economists estimating the amount of revenue the states would fail to realize in absence of a national system for taxing I...

Congress Wednesday cleared the way to keep access to the Internet largely free from taxes for the next three years, breaking a year-long deadlock.