Once you have switched over from the traditional modes of employment and start freelancing, taxes become your sole burden. When you were in a company, your employer used to handle...
A taxpayer has various options when it comes to filing his or her income tax returns. If you earn a modest income, do not own a house, work for someone else, or supervise plenty of...
When evaluating the state tax policies, retirees have some special concerns. These may be about Social Security benefits, estate taxes, property taxes, or some other kind of taxes...
During your working career, you are mostly worried about the current expenses you and your family have to bear. Life is fast-paced these days and a majority of people seem content...
Posted by Asharp Bookkeeper on 11/20/2015
If you own a business, small or large, you will find that you need to handle payroll. Whether you want to or not, payroll is something that cannot just be skipped over and you must...
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
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