Business losses reduce taxable income and many good freelance businesses incur losses which is somewhat a good thing since it means you pay less in taxes. A business loss could mean...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/26/2019
When you are about to open up a business, it's not only about profit that you have to keep in mind. There are numerous other factors which you have to be taken into account in...
Posted by J.R.'S TAX SERVICE on 12/13/2018
Answering tax-related questions are one of the many important things you need to do when starting a new business. Once you become your own boss, you need to review the following big...
Posted by John Pournaras Agency on 12/10/2018
With the year coming to an end it is now time to think about the best way to plan out the year-end tax moves for self-employed. It is now high time that those who are self-employed...
Posted by Flynn Financial Group Inc on 12/10/2018
What is an Independent Contractor?Independent contractor or a freelancer is a person or entity contracted to perform work or provide services to another entity, but not as an employee....
Posted by Duce Taxes & Accounting on 11/14/2018
You may consider that the individuals with ultrahigh net value have no tension about money. In fact, you are wrong because these persons need experts to manage. People with ultrahigh...
Posted by Advantage Tax Service on 07/31/2018
Accumulated earnings and revenue is an accounting term applicable to shareholders of corporations. These earnings and profits are the net profits of a company after paying dividends...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/30/2018
Since there are different ways to prepare and file your taxes, it’s important to first look as to what type of business you're running. If you’re a sole proprietor...
As a small business owner, you’ve got nothing to worry about. Revenue comes easy, expenses are minimal, and it is no problem at all to meet your tax requirements at the end of...