Here are 5 easy ways to avoid a tax lien and keep all your assets. 5 Tips to Avoid Tax Lien on Your Property Lien Definition: a legal claim on the property of another person until a debt is fully paid. 1. Pay Your Tax in Full One effective tip to avoid tax lien is to fully pay the tax you owe to the IRS. There are several ways to pay the IRS. You can pay in full … [Read more...]
What Are The Gift Tax Limits This 2018?
Learn about the basics of gift tax limits and how it works with estate tax here. In this article: What Is a Gift Tax? Who Pays the Gift Tax? How Much Is the Gift Tax Limit for 2018? Is This Different from the Lifetime Gift Tax Limit? How Can the Annual Gift Tax Limit Affect Your Lifetime Gift and Estate Tax Exclusion? What Presents Are Exempt from Gift … [Read more...]
Trump’s Tax Cuts | What You Need To Know And How It Affects You
Trump's Tax Cuts, like most tax reforms, are complex and confusing. For more details on the new tax code, continue with the article. Trump's Tax Cuts Explained What Is the New Trump Tax Plan? President Trump signed The Tax Cuts and Jobs Act of 2017 on December 22, 2017. This tax reform brought down both corporate and individual tax rates at the start of the calendar … [Read more...]
What We Learned From The Reagan Tax Cuts Of 1981
Find out how the 1981 Reagan Tax Cuts brought huge dramatic changes to the tax system and economic growth, and see how similar it is to this year's tax reform and how it will affect the taxpayers. What You Need to Know About Reagan Tax Cuts Economic Growth Result of the 1981 Reagan Tax Cuts The Reagan Tax Cut, also known as The Economy Recovery Tax Act of 1981, was huge … [Read more...]
9 Celebrity Tax Evaders
When it comes to taxes and the IRS, these celebrity tax evaders had to face the consequences of not giving Uncle Sam his dues. Celebrity Tax Evaders | 9 Famous People Who Failed to Pay Uncle Sam 1. Martha Stewart One of the most famous celebrity tax evaders is Martha Stewart. The ultimate homemaker had to cough up $220,000 in penalties and back taxes for her … [Read more...]
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