<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Money Management Software Blog &#187; Income Tax</title>
	<atom:link href="http://moneymgmtsolutions.com/blog/money%20management,%20money%20software/income-tax/feed/" rel="self" type="application/rss+xml" />
	<link>http://moneymgmtsolutions.com/blog</link>
	<description>Money Management Solutions - The Cash Flow Managing System</description>
	<lastBuildDate>Thu, 02 Feb 2012 20:02:41 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3</generator>
		<item>
		<title>Income Tax Deductions You Do Not Want To Miss</title>
		<link>http://moneymgmtsolutions.com/blog/taxes/income-tax-deductions/</link>
		<comments>http://moneymgmtsolutions.com/blog/taxes/income-tax-deductions/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 16:40:34 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[federal income tax]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[itemized deductions]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[tax deduction]]></category>
		<category><![CDATA[tax deductions for 2011]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=1665</guid>
		<description><![CDATA[Tax deductions you don't want to miss. While we all have to pay some taxes, it's smart money management to get every allowable deduction you are entitled to.]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/taxes/income-tax-deductions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Relief from Mortgage and Credit Debt Settlement</title>
		<link>http://moneymgmtsolutions.com/blog/debt-handling/tax-relief-from-mortgage-and-credit-debt-settlement/</link>
		<comments>http://moneymgmtsolutions.com/blog/debt-handling/tax-relief-from-mortgage-and-credit-debt-settlement/#comments</comments>
		<pubDate>Sun, 03 Jan 2010 21:38:38 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Debt Handling]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[credit debt]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[tax relief]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=886</guid>
		<description><![CDATA[You can apply for income tax relief for up to $2 million (or $1 million if married and filing separately) in debt that is cancelled, or forgiven, by your mortgage lender on your primary residence. The law has been extended through 2012 under the Emergency Economic Stabilization Act. If you have lost your home through foreclosure or have restructured your mortgage loan, you may qualify for this tax relief under the extended tax law called the Mortgage Forgiveness Debt Relief Act of 2007. The claim can be made by using IRS Form 982. There are two qualifying factors that must be met on the mortgage debt exclusion: 1) it must be your primary home, and 2) the debt must have been used to buy, build, or make substantial improvements to the residence to which the mortgage applies. Certain business or farm property may also qualify for tax-free treatment, so check with [...]]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/debt-handling/tax-relief-from-mortgage-and-credit-debt-settlement/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Year-End Tax Planning—Strategies to Keep More of What You Make</title>
		<link>http://moneymgmtsolutions.com/blog/small-business-money-management/year-end-tax-planning%e2%80%94strategies-to-keep-more-of-what-you-make/</link>
		<comments>http://moneymgmtsolutions.com/blog/small-business-money-management/year-end-tax-planning%e2%80%94strategies-to-keep-more-of-what-you-make/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 21:13:15 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Building Wealth]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Small Business Financial Management]]></category>
		<category><![CDATA[Small Business Money Management]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[individual retirement account]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[retirement plan]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax planning]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=857</guid>
		<description><![CDATA[The tax planning clock is clicking away toward the end of the year.  Is your business ready to take advantage of the tax saving measures available to you? Tax planning is essential for business owners, and should be done on a quarterly basis. However, it&#8217;s not too late if you do it before mid-December. Here are some words of wisdom from financial planner, P. Christopher Music. Well, the year is coming to an end and many business owners are meeting with their accountants and tax advisors to figure out how to reduce that inevitable income tax burden coming in April.  Here are a few strategic ways to keep some more of that money at home. Business owners are often successful in earning some money beyond the expenses of acquiring it—in short, profit.  The only problem is, the profit is taxed.  So, we work with our tax advisors to lower this [...]]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/small-business-money-management/year-end-tax-planning%e2%80%94strategies-to-keep-more-of-what-you-make/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Money Management &#8211; The Ugly Truth About Tax Extensions</title>
		<link>http://moneymgmtsolutions.com/blog/debt-handling/money-management-the-ugly-truth-about-tax-extensions/</link>
		<comments>http://moneymgmtsolutions.com/blog/debt-handling/money-management-the-ugly-truth-about-tax-extensions/#comments</comments>
		<pubDate>Tue, 14 Apr 2009 14:45:30 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Debt Handling]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[debt reduction]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax deadline]]></category>
		<category><![CDATA[tax extension]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=579</guid>
		<description><![CDATA[Many taxpayers who owe taxes believe tax extensions protect them, but they are only partially right. Do you know the rules and deadlines for filing corporate and personal tax extensions? For companies it is March 15 and for personal tax returns it is April 15. Here’s the ugly truth about tax extensions, but first if you need to file one, do it before midnight on the deadline by using Form 7004 for a company that you can get here: http://www.irs.gov/pub/irs-pdf/f7004.pdf or Form 4868 for personal extensions that you can get here: http://www.irs.gov/pub/irs-pdf/f4868.pdf Penalty for not filing tax returns on time The IRS is much worse than any credit card company, charging a 5% PER MONTH penalty up to 25% of what you owe for late filing that compounds DAILY. That’s a whopping 60% per year, even if you did file an extension! Interest charges for late filing of tax returns [...]]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/debt-handling/money-management-the-ugly-truth-about-tax-extensions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Well Do You Know The Constitution</title>
		<link>http://moneymgmtsolutions.com/blog/financial-freedom/constitution-and-money-management/</link>
		<comments>http://moneymgmtsolutions.com/blog/financial-freedom/constitution-and-money-management/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 17:30:14 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Financial Freedom]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[constitution]]></category>
		<category><![CDATA[Democrats]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[President]]></category>
		<category><![CDATA[Republicans]]></category>
		<category><![CDATA[war]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/financial-freedom/constitution-and-money-management/</guid>
		<description><![CDATA[Today, Wednesday, September 17th, is Constitution Day &#8211; a day specifically designated by an act of Congress when Americans are supposed to honor the remarkable document that created our system of government. The date was chosen because the Constitution was approved at the original Constitutional Convention on September 17, 1787. The act that created Constitution Day mandates that all publicly funded educational institutions provide educational programming on the history of the American Constitution on that day. Let’s see how well the schools have done their job. Ask a recent high school or college graduate to take the following brief quiz. I would be interested to hear how many of the 25 questions he or she answers correctly. And be sure to take the quiz yourself, too. Even if you score 100%, it’s good to be reminded of some of the fundamental principles that our country was founded on. 1. Has [...]]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/financial-freedom/constitution-and-money-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Say Goodbye to the IRS and the Income Tax</title>
		<link>http://moneymgmtsolutions.com/blog/debt-handling/income-tax-and-irs/</link>
		<comments>http://moneymgmtsolutions.com/blog/debt-handling/income-tax-and-irs/#comments</comments>
		<pubDate>Tue, 15 Apr 2008 03:40:55 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Building Wealth]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Debt Handling]]></category>
		<category><![CDATA[Financial Freedom]]></category>
		<category><![CDATA[Financial Management]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Money Management Software]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Small Business Financial Management]]></category>
		<category><![CDATA[Small Business Money Management]]></category>
		<category><![CDATA[16th amendment]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[consumption tax]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[estate tax]]></category>
		<category><![CDATA[fair tax]]></category>
		<category><![CDATA[fairtax]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[medicare]]></category>
		<category><![CDATA[payroll tax]]></category>
		<category><![CDATA[senior citizens]]></category>
		<category><![CDATA[social security]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/income-tax-and-irs/</guid>
		<description><![CDATA[Here is a way to get rid of the IRS and never have to file another income tax return; or corporate return for that matter! Every dime you earn would be in your paycheck; no taxes withheld. It&#8217;s within your power to make it happen! There is a tax bill before Congress right now that would abolish the IRS and get rid of income taxes, corporate taxes, death taxes, estate taxes, etc. It is called the FairTax Act and I am here to tell you it is not only fair, it would solve our country&#8217;s economic problems overnight. Here&#8217;s a snapshot of how it works. First I do want to say that The FairTax is resisted by a vocal minority precisely because it will do what it claims in eliminating the IRS, the more than $300 billion in tax return filing costs, and the corruption of the current system. Make no [...]]]></description>
		<wfw:commentRss>http://moneymgmtsolutions.com/blog/debt-handling/income-tax-and-irs/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
	</channel>
</rss>

