As per the tax code applicable in the United States of America, there are certain types of income that are not taxable at all. If you be a little creative and take some actions in advance, you can turn certain part of the compensation you receive from your employer into a tax free income. There are plenty of ways to make your compensation nontaxable. So, get ready if you are due for a raise. Following is a brief rundown on five wonderful alternatives to taxable earned income.
45 Tax Deductions That Are Often Overlooked
August 28, 2010 By
There are plenty of tax deductions that people often forget to utilize when they file their returns. If we believe the annual reports published by IRS, the most common mistake that people make is in entering their social security number – they either forget to enter it at all or enter wrong digits. This example is a proof that when it comes to making mistakes, the opportunities out there are almost unlimited. The fewer mistakes you make, the higher amount of money you can save in taxes. So, here you go; following is a list of forty-five most common deductions that are often overlooked.
3 Most Popular Options To Avoid Or Stop Foreclosure
August 26, 2010 By
There can be several options to stop foreclosure, but you will not be able to exercise these options once your home is sold as part of the foreclosure process. Before it’s too late, seek legal advice from an asset protection attorney to know the best course of action. Following is a brief rundown on three [...]
What Happens During A Foreclosure Eviction Process When You Refuse To Leave?
August 25, 2010 By
The exact process of foreclosure eviction may vary significantly depending upon an array of factors, such as the state the property is located in and the kind of eviction notice the court orders. There can be typically one of the two options you can choose to go for. The first option is where you are sent a notice to vacate the premises within a certain period of time (it can be as short as 72 hours after receiving the notice) and you leave your home within that specific time frame without showing any resistance. The second option where you refuse to vacate the premises will obviously invite troubles unless you have a reasonable gerund to stay. In general, the eventual troubles come in the following way.
4 Things You Must Know About Home Foreclosures
August 25, 2010 By
Home foreclosures refer to a legal process where a court orders your mortgage lender to sell your home to recover the mortgage debts due on that home. It is very important for you to keep in mind that your lender has the right to take your property back and sell it to recover the debt [...]
Legal Rights Of Patients Residing In Elderly Nursing Homes
August 23, 2010 By
The laws in the United States of America have provided certain legal rights to those patients who reside in elderly nursing homes. Awareness regarding these rights is very important. Many times, patients do not get fair treatment in these centers. Therefore, it is important to know what actions should be taken when these rights get violated.