Blogs

The search for alternative methods to collect taxes reaches consumption tax at some point. Consumption tax is charged on items of consumption. In some countries, consumption tax is charged along with income tax. Taxpayers pay consumption tax on some items, especially on luxury items, in some countries and also pay taxes on their income.Some people... Continue reading →

When taxpayers get into tax debt, they need to be looking for ways to get out of it because the IRS can anytime begin collection action. The IRS first sends notices regarding unpaid taxes. If taxpayers ignore or refuse to pay their tax debt after receiving notices from the IRS regarding debt payment, the IRS... Continue reading →

Many times taxpayers avoid paying of back taxes due to one reason or the other. In such cases of unpaid taxes, the IRS sends notices to taxpayers under tax debt informing them about the amount of taxes that remain to be paid.After sending of notices if taxpayers neglect or avoid fulfilling their tax debt, they... Continue reading →

In a bid to crack down on tax evaders, Italian tax authorities have found a new way to catch tax evaders. They are using “cash dogs”, dogs trained to sniff large currency notes, to seize black money being carried at airports by travelers. This innovative method to catch tax evaders has reaped results. In the... Continue reading →

Dogs are catching tax evaders at Italian airports, thanks to the new initiative by the Italian tax authorities in which they are using “cash dogs” to sniff large amounts of cash. The “cash dogs” have been trained to sniff cash, the smell of which is subtle. With the help of these dogs, the Italian police... Continue reading →

The Italian tax authorities are using cash sniffing dogs to sniff cash at airports. This is the newest of innovative technique introduced by the Italian police to catch tax evaders. According to sources, during the first seven months the Italian police seized $47.6 million in cash, gold and silver from travelers at different airports who... Continue reading →

It is difficult for taxpayers who have got into tax debt for the first time to decide whether to do it themselves or to hire help. For simpler tax debt problems such as payment of tax debt in a single payment, taxpayers need no outside help. For cases where taxpayers need negotiating with the IRS... Continue reading →

Taxpayers who get into tax debt for the first time are confused as to whether to take outside help or do it themselves. When paying of tax debt in single lump sum payment, taxpayers do not require outside help, but for complex tax debt issues such as payment of tax debt through IRS’ tax debt... Continue reading →

If you are a new landlord and have put your property on rent, you will be required to pay additional taxes to the government. That is because the IRS considers the rent you are getting as income, and income from any source is taxable under the law.Even though you will be paying additional taxes on... Continue reading →

If you are a new landlord who has given out property on rental, you will need to pay additional taxes to the government. The IRS sees the rental you are getting from the property as income on which taxes are charged. To save taxes on rental property, you will need to plan your taxes.To reduce... Continue reading →