Tag Archives: Pension

Should You Take Care of Your Own Taxes?

One of the major downsides of being self-employed is the dreaded tax return and the question of whether you should do it yourself or pay an accountant to do them for you.

Your initial thoughts may be to file your own taxes to save paying someone to do them for you, but you should never underestimate the time and effort it takes to complete your tax returns and the consequences if you get it wrong.

To make matters worse the goalposts sometimes move and the rules can change depending on new tax laws or even if there is a change … Read more at 2011 Taxes.

Wills in Texas – planning for inheritance tax

A will is a legal document outlining who will receive your accumulated wealth and assets upon your death. Wills in Texas help you distribute your wealth as you desire among those you love. After your death, if you do not plan your estate properly, your loved ones could end up having to pay hundreds of thousands of dollars in taxes upon your death.

Planning for inheritance taxes is one last thing you can do for your loved ones to help them keep as much of your property as possible. There are two kinds of properties. Real property is land, improvements … Read more at 2011 Taxes.

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