As a small business owner, it becomes more important to determine the right salary figure for your employees, keeping the tax obligations for FUTA in mind. Without a proactive approach,...
It is very common for entrepreneurs to make mistakes while making business decisions. The biggest and most common mistake is when they try to write-off at the end of the year based...
Employees are the lifeblood of any business. They are the very fuel that keeps a business running and earning profits along the way. The strength of the employees is a sign of prosperity...
Filing taxes can be quite burdensome and taxing. Given the complexity involved in filing taxes, it is not surprising that many people make mistakes when submitting tax returns. These...
Americans gave $520.23 billion in charity in 2015, equivalent to 3% of the U.S. GDP (gross domestic product). The majority of that charity, $418 billion, came from the individuals...
There will be many circumstances or periods where you will owe the IRS money. If you are unable to pay and have avoided paying the IRS, you may be subject to seizure, which is...
If you have accidentally misreported or withheld information on your tax return, there is no need to panic. The process for changing or adding information is called filing an...
Entrepreneurship can be real rewarding when it comes to freedom and financial stability, however, if you own a small business, and it has kicked off really well, there is one thing...
With marriage, one not only gains a new partner in life, but also a new set of circumstances in terms of their tax liability going forward. For married couples during tax season, their...