The tax system of the United States is a pay-as-you-go system. Tax payments are usually required as you earn income. If you don’t pay your tax on time, you will be charged with...
Posted by Advanced Accounting & Tax Planning on 02/25/2020
Notifying your employees of specific tax situations that can affect them is one of your responsibilities as an employer. The Earned Income Tax Credit (EITC) is one example of this...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/25/2020
Few of small businesses that start survive for more than ten years. These points to the fact that running a small business successfully is pretty hard. It gets more complicated when...
Posted by Management & Tax Services on 02/18/2020
One of your core duties as an employer is to inform your employees of the specific tax situations that may affect them. One of these situations is a notification regarding the labor...
Posted by Advanced Accounting & Tax Planning on 02/15/2020
A 1035 Annuity Exchange is a rule in Section 1035 of the Internal Revenue Code that allows the exchange of life or tax policies for a differed annuity contract that best suits the...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
A tax refund loan is just that: a short-term loan against the income tax refund you receive before the IRS repays you. However, this is not necessarily a loan for the full amount of...
Posted by Flynn Financial Group Inc on 01/30/2020
The holiday season is a good time for businesses to express gratitude to employees and customers by giving them gifts or hosting Christmas parties. However, before you start buying...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/30/2020
Tax filing season is in full force and many of my clients express a healthy fear of the IRS. Any agency that has the legal power to tax and take ALL of your money should be respected....
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
One of the many questions I get as a tax and financial advisor is what business structure to choose when you are starting a business. Liability notwithstanding, a big determining factor...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
