There are many forms of debt people might owe the IRS. It could be back taxes, unpaid taxes, or income taxes. Back tax is becoming a more significant issue as many people find themselves...
A fringe-benefit is non-monetary compensation for work. The business can offer fringe benefits to employees, independent contractors, partners, and even owners.Some fringe benefits...
Posted by Unifirst Financials & Tax Advisors on 08/03/2020
Business owners must file their tax and send what is due to the IRS the same way individual taxpayers do it. Companies must pay taxes on their profit alongside withholding taxes from...
Posted by Tim Thompson CPA PLLC on 07/24/2020
Everyone seems to have side hustles these days, but is your side hustle a hobby, trade, or a business? Even if you consider your hobby business in the United States, the IRS may disagree...
Posted by Abundant Wealth Planning LLC on 07/24/2020
To file an amended tax return, you will need to fill the Internal Revenue Service Form 1040X (This is the Amended U.S. Individual Income Tax Return) and send it to the IRS. The tax...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/24/2020
We want to remind you of the federal education tax benefits you may be eligible for. Making the most of these tax benefits would help reduce spending on higher education.If you're...
Posted by Carmen Garcia on 07/24/2020
Every business owner, irrespective of the field, needs to file and pay tax each year. The good news is there are legal strategies to reduce the amount you send to Uncle Sam as taxes.Some...
Posted by Don Bell Law on 07/24/2020
The Paycheck Protection Program (PPP) is a form of financial assistance that many companies applied for to keep them afloat. The Paycheck Protection Program (PPP) is a loan designed...
Posted by Aurelia E Weems CPA on 07/24/2020
The Schedule K-1 can be tied to different tax returns, depending on how the business was created. The K-1 tax form varies slightly depending on whether the ownership structure is a...
Posted by Larry Kenneth Hurt on 07/23/2020
