Tax Concessions/Tax Breaks???
959908
You are asking a broad question and the terms you have used are general, and not meaningful from a tax standpoint. However, to answer your question, here are a few samples:\n\nThe oil industry gets to take a deduction for "oil depletion allowance." This reduces their taxes and is given as an incentive to oil exploration companies to encourage them to take the risks of looking for oil deposits.\n\nHomeowners with a mortgage can deduct the interest that they pay. This is a tax break to encourage home ownership.\n\nCompanies that locate new operations or expand existing operations in areas designated as "enterprise zones" or similar titles get breaks on property taxes and get extra credits for hiring people from designated areas.
223305
Yes extra\nstupidity tax
176594
You failed to negotiate this at the outset but if you don't ask then you STILL won't get it.  You have nothing to lose by asking for "some" assistance.  Maybe asking for a "partial" allowance may make it easier for the bosses to say yes!  Check with your tax preparer on what exactly you can claim for mileage, I know that you can't claim miles to and from work (and MOST travel allowances don't pay that either), but I don't know about miles during work.
301411
Try Turbo-Tax on your computer. Maybe they can help and make it easy and affordable.Worth checking it out and might keep you put of trouble and save you money and headaches. Don't mess around with Uncle Sam.
173236
File an Installment Agreement (Form 9465) with the IRS.  As long as you're trying to hold up your end, they will work with you.  If you don't do anything, they can squeeze you like a turnip.
604978
I think with any rental situation you are pretty much looking to break even.  Considering mortgage, taxes, maintenance, etc.;  I would hope my rental income would cover all these expenses.\n\nI would expect some tax breaks and hopefully, home appreciation of 5-10% a year.\n\nJust my opinion.
55006
Basically your standard deduction is doubled and your tax will be at a lower rate. If there are kids, you have more deductions depending on your income and their ages.
654178
yes taxes rate are different for bonuses
336506
You would be better off spreading it out, but if you want the money now, just claim more exemptions on your W-4 so they take less tax out. In the end, it doesn't matter because you'll just resolve it on tax day, so it only matters whether you want the money all right now.
470587
All about avoiding the tax.....mmmm....yeah..lol
740637
I was stationed in Kosovo.  The extra allowances were tax exempt.  I am Canadian, don't know about where you are.
367104
Yes request a new form from your employer. I claim 8 allowances when I am only eligible for about 3. Your employer cant even notify the IRS unless you make 10 or more allowances. If your employer ask why so many allowances, just say, "that is my personal tax status, thank you"....This always works for me, and while I dont get many taxes, back, I get less taken out.
1151058
go to:\n\nhttp://www.irs.gov\n\nThere you will find a plethora of information regarding incorporations.\n\nBelieve it or not the IRS does not hide any information regarding possible tax breaks, and are very helpful in helping you find such breaks.  So long as you're not asking during tax season.  Then they're very busy.  You just need to ask.
877526
What would those be???\nDeath and taxes???
141961
It is possible to negotiate with the government to get your tax debt reduced.  I suspect this will only happen if it is realistic to expect that the debt won't be paid at all otherwise.  A personal accountant could probably help for under $1K.
103012
Go to H&R Block, they will itemize EVERYTHING. Or you can do it yourself, but you have to pay a little extra online :o)
775793
Vote republican. Usually, they support tax breaks by imposing flat taxes in their place, hurting the lower and middle class while the rich enjoy a meager decrease in income. But keep in mind that since all the supporters of a flat tax are rich business tycoons and corrupt (or confused) politicians, you're going to end up with a nasty government any way you approach it.