If you are a business owner or earn money as a freelancer, you must pay estimated quarterly tax payments to avoid fines and interest. Here's how.In this article, we will explain: ...
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
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
Posted by Advanced Accounting & Tax Planning on 02/15/2020
The IRS has announced the 2020 standard mileage rates for commercial, medical, and other users of a car and the 2020 vehicle values that limit the application of specific rules to...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
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
All U.S. citizens do have up to the middle of the fourth month of the year to file in their annual tax. There are, however, other options for extensions based on various factors. There...
Posted by Elliot Kravitz, ATP on 01/19/2020
Operating and owning a small business can be burdensome. Businessmen were struggling to survive having small profits and while striving for market share, which is why each centavo...
Posted by Advanced Accounting & Tax Planning on 01/19/2020
Taxation, in itself, is not a bad thing. At some level, your taxes will pay for something that benefits the general public that no other entity would pay otherwise. However, the overpayment...
Posted by John Pournaras Agency on 01/02/2020
For an “injured” spouse to regain the share of a joint return, they must file Form 8379. This is the case when a past-due obligation of the other spouse was applied by...
Posted by LLOYD J CAZES CPA on 12/28/2019
