Finance For you

You get a letter in the mail, a letter emblazoned with the gut-wrenching acronym, IRS. You say to yourself: "But I filed on time! I paid all my taxes!" That may be, but unfortunately, that doesn't mean you won't be audited.
Yes, it’s nerve-wracking. But income tax audits, like death and taxes themselves, are a fact of life in the United States. The Internal Revenue Service examined close to 1.4 million individual tax returns in 2007, about 1 percent of all individual...

Benjamin Franklin once wrote, "In this world nothing can be said to be certain, except death and taxes." It's an old, sardonic aphorism that nevertheless is universally true. One delightful area of tax law manages to combine both death and taxes into...

U.S. stocks are attractive, even after Standard & Poor’s stripped the world’s largest economy of its top credit rating for the first time, because the companies are inexpensive and have global reach, Barclays Plc (BARC) said.
“Don’t join the crowd and try to pile out,” Hans Olsen, head of Americas investment strategy at Barclays Wealth, said in a telephone interview yesterday. The unit of the London-based bank oversees 170 billion pounds ($279 billion)....

Tax problems can certainly intimidate everyone. To avoid summon from the IRS, you must learn the basics about taxes and its corresponding law. Likewise, knowledge of preventive means can spare you from the nightmares accompanied by tax problems.
Understanding the Real Essence of Taxes...