Archive for Taxes
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Do You Recognize Bad Advice When You See It?
First, I don’t want you to get the wrong impression. I do not disagree with the general premise of the author whose writings I am about to discuss. Over the long term, it is far better to buy and hold real estate than it is to flip for a quick profit.
My problem with this guy [...]
A Major Goal For 2007
I and several friends have been posting over at Magic Bullets lately offering advice and helping where I can. It is a very good site for real estate investors with little or no experience and I recommend it highly. The more I am there, the more I realize that there is a void in offerings [...]
Are You Ready for Tax Time 2007?
On this last business day of the year you should already know what your 2006 tax liability will be come April 15th and you should have taken whatever steps you deemed necessary to adjust that tax bill. There is little you can do if you are reading this in early 2007 except fund your IRA [...]
Now is the time to look back AND forward.
It’s that time of year again, time to wrap of the current year and look forward to the next.
As 2006 comes to a close I am amazed at how quickly it passed. It seems like I turned around twice since I was sitting down to plan for 2006.
2006 will be remembered as the year the [...]
Let’s Work to Make This One of the Last Tax Days!
Today is tax day. You have to file your personal and partnership tax returns by midnight tonight or file an extension and pay any taxes due.
It is time to work to make this just another day.
Corporate Tax Returns Due Today
Today you must file form 1120 or 1120S for any corporate entities you control. You may have additional filing requirements with your state.
You can file form 7004 to request an automatic extension of six months to file your corporate return.
Filing that extension has an added benefit because if you file form 4868 in April to [...]
