Personal Finance

Saylor URL: http://www.saylor.org/books Saylor.org Taxable Entities There are four taxable entities in the federal system: the i ...

Saylor URL: http://www.saylor.org/books Saylor.org Married, in which case two adults file as one taxable “individual,” combinin ...

Saylor URL: http://www.saylor.org/books Saylor.org The tax laws distinguish between a business and a hobby that earns or loses m ...

Saylor URL: http://www.saylor.org/books Saylor.org Schedule E: Rental and Royalty Income; Income from Partnerships, S Corporatio ...

Saylor URL: http://www.saylor.org/books Saylor.org Other taxable income includes alimony, state or local tax refunds, retirement ...

Saylor URL: http://www.saylor.org/books Saylor.org Deductions are also created for expenditures that may be considered nondiscre ...

Saylor URL: http://www.saylor.org/books Saylor.org The government requires that taxes are withheld or paid quarterly during the ...

Saylor URL: http://www.saylor.org/books Saylor.org EXERCISES Read the IRS document defining tax liability athttp://www.irs.gov ...

Saylor URL: http://www.saylor.org/books Saylor.org 6.3 Record Keeping, Preparation, and Filing LEARNING OBJECTIVES Identify sou ...

Saylor URL: http://www.saylor.org/books Saylor.org The system for filing tax information has purposeful redundancies. Where poss ...

Saylor URL: http://www.saylor.org/books Saylor.org There is no standard certification to be a professional tax preparer. An enro ...

Saylor URL: http://www.saylor.org/books Saylor.org have all the forms and schedules, but if you choose to file hard copy version ...

Saylor URL: http://www.saylor.org/books Saylor.org returns. Computerized record keeping has made it easier for both taxpayers an ...

Saylor URL: http://www.saylor.org/books Saylor.org There are many ideas about how to avoid an audit or what will trigger one: ce ...

Saylor URL: http://www.saylor.org/books Saylor.org Compare and contrast tax preparation software at sites such ashttp://financ ...

Saylor URL: http://www.saylor.org/books Saylor.org In young adulthood, you rely on income from wages, and you usually have yet t ...

Saylor URL: http://www.saylor.org/books Saylor.org public discussion. You can usually be aware of any tax code changes far enoug ...

Saylor URL: http://www.saylor.org/books Saylor.org Like any costs, you want to minimize your tax costs of living and of life eve ...

Saylor URL: http://www.saylor.org/books Saylor.org Chapter 7 Financial Management Introduction Financial management is about man ...

Saylor URL: http://www.saylor.org/books Saylor.org realistic evaluation of alternatives and a better strategy that leaves more c ...