Every independent contractor is considered self-employed by the IRS (internal revenue service). An independent contractor can operate as a limited liability company, a sole proprietor,...
Posted by Pat Raskob on 04/09/2022
Bank reconciliations occur when a person needs to compare all financial records from sales to expenditures against the bank's documents. This system enables people to authenticate...
Posted by Taxes Made EZ Inc on 09/30/2021
The CARES (Coronavirus Aid, Relief, and Economic Security) Act establishes many major loan and tax exemption programs to help tribal-owned businesses stay afloat and retain their employees...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/15/2021
Getting a notice from Uncle Sam that you have outstanding debt can be devastating, especially if you believe there is some mistake. Sadly, owing Uncle Sam and ignoring him will...
Taxes on trust funds can create big problems for small businesses. When an employer withholds part of an employee's salary to pay income tax, health insurance, and social security,...
From the title, you can tell that worthless securities are just what they are: worthless, insignificant, and meaningless. These are securities with ZERO market value and may include...
Regardless of your level of insight into taxes as an individual or a business, you must understand the concepts of FATCA and FBAR and their differences because to understand and utilize...
There are many ways to resolve taxes that tax professionals can use to help their clients at the state, local, and federal levels. Tax agencies offer a variety of these tax resolution...
Posted by Taxes Made EZ Inc on 06/15/2020
When your anticipated tax refund is being held by the federal government, the possibility is that you have defaulted your federal student loans.Funds are collected by the Treasury...
Posted by Taxes Made EZ Inc on 04/03/2020