A business operated by an individual owner is what we will call a sole proprietorship. And, for several reasons, the sole proprietor is unique:You can just get started if you want...
Posted by Debi G Hill, CPA on 12/28/2019
Over 10 million Americans have side jobs, which they believe can be very helpful in achieving financial freedom, have more to spend, pay up debts, pay for a vacation and many more....
Posted by YourIRSTaxAdvocate.com on 11/05/2019
Don’t forget self-employment tax in your business tax planning. The tax for Social Security and Medicare paid by business owners is what self-employment tax is. It is paid in...
Posted by Flynn Financial Group Inc on 08/23/2019
When you abruptly turned out to be unemployed, making sense of your tax risk likely isn't your most critical need. Nevertheless, irrespective of whether you don't have...
Posted by Advanced Accounting & Tax Planning on 05/29/2019
Taxes are paid throughout the year in general, this is something every U.S taxpayer knows. You can usually expect a refund for that year when you’ve paid more than you owe. In...
Posted by John Pournaras Agency on 05/20/2019
The annual ritual of filing taxes may not be the only time when a taxpayer needs to seek the assistance of any tax professional. As per one survey, 43% of taxpayers need to contact...
Take action to increase tax benefits.If you are having a good year, recovering from recent losses or still struggling to take off, you can save a lot on your taxes by making the right...
Posted by John Pournaras Agency on 04/09/2019
Employees who get money tips of $20 or more while working for you, are required to report to you the aggregate sum of tips they get. The workers must give you written reports by the...
Posted by Accounting Advantage, Pa on 03/08/2019
This new year, you may have come up with several resolutions to be able to live a better life and achieve your long time goals. Changing jobs may be one of the things you’re...
Posted by John Pournaras Agency on 03/01/2019