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...
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
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...
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...
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...
Whether you are self-employed already or thinking about going down the independent route, an important consideration of this status is how to lower your taxes. Granted, this is an...
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
A small business generally doesn’t have a stream of corporate tax lawyers and accountants to plow through the ever evolving tax regulations to find all the legal methods and...
Posted by ERNIE BUSTAMANTE on 11/18/2015