IRS Tax Support

http://www.youtube.com/watch?v=vOtmX22AK8k

This video explains the basics when it comes to life insurance.

Share and Enjoy:

Three tax assistance programs are provided through the Surveyor of Taxes office. The:

Home Owner Grant Program offers grants to qualifying homeowners that can reduce the taxes you pay on your home.

Property Tax Deferment Program offers low interest loans to qualifying homeowners to help them pay their property taxes.

Farm Extension Program provides a time extension until [...]

Preparing taxes with a booklet, a pile of receipts and pay stubs and a blank tax form can be a confusing and frustrating experience. While paying a tax professional to prepare your returns can get extremely expensive. However, a top-notch tax service can gently guide you through the process of preparing your taxes and offer [...]

Get the basics on homeowners’ insurance and the importance of doing a home inventory.
Before finalizing a mortgage loan, lenders require homebuyers to purchase at least a minimal level of “hazard insurance,” also known as homeowners’ insurance. Such insurance will cover damage or destruction by fire, smoke, wind, hail, vandalism, or another similar event. The [...]

Legal Representation
An individual or entity in the United States may choose to be represented by an attorney or accredited representative when filing applications or petitions with U.S. Citizenship and Immigration Services (USCIS).
Know Your Rights
If you choose to have a representative when filing an application or petition with USCIS, an attorney or an accredited representative of [...]

What is probate? 
Probate is a legal proceeding to administer certain kinds of property (called probate property) owned by someone who has died (the decedent), and to see that claims, expenses and taxes are properly paid, and that the remaining estate is distributed to those entitled to receive it under the decedent’s will or Ohio law.  [...]

Individual Life insurance generally is underwritten taking into account the actuarial risk of death of the one individual being insured — a one person–one policy type of coverage. However, some types of Individual Life do cover multiple lives. For example, most so called Second-to-Die or “survivorship” policies which pay upon the death of the second [...]

Contents

Stay At The Scene
Safeguard The Injured
Obtain Information
Do Not Admit Fault
Get Medical Care

Unfortunately, at some time in our lives, most of us will experience an automobile accident. When you are in a car accident, even if you are not injured, there are certain things that you should and should not do.
If you are involved in personal [...]

Redemption is a process that is sometimes misunderstood. Redemption is the process of paying a lump sum payment to a secured creditor (lienholder) in exchange for the release of the lien. In Chapter 7 bankruptcy, a debtor can use 11 U.S.C. Section 722 to pay only the fair market value for the collateral, not the [...]

In traditional settlements, compensation for damages has usually consisted of a single cash payment. History has shown that this money is often unwisely managed and quickly spent, leaving no funds available to provide for future needs. Alternative arrangements know as structured settlements were created in the 1980’s. Under these arrangements the beneficiary would receive cash [...]

Many individuals receiving a stream of monthly payments under a settlement agreement don’t realize that they can sell all or a portion of their annuity payments and be paid a cash sum. Access to this money could provide funding to meet the current life needs of your family instead of waiting for a future stream [...]

In recent years, a complete settlement funding industry has been created. Companies will offer to pay for the rights to receive future annuity payments under structured agreements. These companies offer customers the benefit of direct access to cash. Discounting is not free however and the costs can be quite high. The cash price they are [...]

Formally recognized by the federal government since 1983, structured settlement payments are specified in voluntary settlement agreements between and injury victims and defendant(s). A settlement payment or annuity comes as the result of a contract between a victim and a defendant whereby the injured victim receives a stream of tax-free settlement payments as an annuity [...]

By RONALD SMOTHERS
Published: June 12, 2007
TRENTON, June 11 — A standoff over a 1-cent property tax increase led to a government shutdown last year. But on Monday, the Assembly voted 79 to 1 to allow voters to decide whether they wanted all of the proceeds of that increase to go toward property tax relief for [...]

 

Reminder: Most relatively simple estates (cash, publicly-traded securities, small amounts of other easily-valued assets, and no special deductions or elections, or jointly-held property) with a total value under $1,000,000 do not require the filing of an estate tax return.  The amount was $1,500,000 in 2004 and 2005.  For 2006 through 2008, the amount is raised [...]