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
The simplest reason why it is not a good idea to have a refund because getting one means that you have just loaned the U.S government your money without making any interest on the...
Posted by Flynn Financial Group Inc on 08/23/2019
The Internal Revenue Services (IRS) allow taxpayers to create or access their online payment plans. However, there have been some key changes recently made by the IRS with regards...
Posted by Flynn Financial Group Inc on 08/23/2019
Tax laws are passed by Congress, tax revenues are then collected by the Treasury Department, and the reporting and collection process is done by the International Revenue Service (IRS)....
Posted by Flynn Financial Group Inc on 08/23/2019
On July 1, 2019, the Congress and the President passed the expansion and strengthening of taxpayers’ rights and the focus on cyber security and protection from identity theft...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/23/2019
Income tax in Canada is duly administered by Canada Revenue-Agency. The time period taken into account is between January 1 and December 31 of a financial year. In case you owe personal...
Posted by The Accounting and Tax on 08/20/2019
Investors worried in search of safe havens have faced many considerable challenges in recent years. The declining value of the stock market value of residential properties and CD interest...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
Some years will not go as planned, and sometimes companies do not realize profits as high as in previous years. When expenses start to exceed your income, you lose your position. However,...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
Suppose you think of a company as an unincorporated parallel business. If your business expenses exceed your income, you will have a net loss. You may feel that you can deduct this...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
