US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
Are you classified as an independent contractor or an employee? If you do not know, it is easy to tell the difference. An employee is someone who works for the company, follows the...
Posted by Financial Balance LLC on 11/19/2015
Taxes are an important part of life and whether you are a consumer or a small business, you must file them. Small businesses are responsible for turning in their taxes at the same...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 11/19/2015
When you think of “sales tax,” you probably just think of it as a set number added to your bill when you complete a transaction. Since you are used to being taxed on your...
Posted by Stephen Elmore on 11/19/2015
When it comes time to file your taxes, you may be wondering what head of household is and why you should or should not claim it. If you have never heard of the term, you are not alone...
Posted by Stephen Elmore on 11/19/2015
If you are not working with a professional tax preparer, what are you doing? Taxes are not easy to do and by no means can one person simply understand every term, code, credit, deduction,...
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
The US tax system is continuously growing as the government is constantly adding new rules to close loopholes and increase tax revenues. Yet, there remain many strategies people can...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015
Single parents filing their taxes have various deductions and tax credits they can use to reduce their taxable income and decrease the amount of personal income taxes they have to...
Posted by East West Accounting Services LLC on 11/19/2015
