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,...
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...
Investing, in its bare bones form, is all about letting the money you have make more money for you. This holds true for stock market investment too. Investing in the stock market allows...
Sometimes we take it for granted but the truth is that the more tax deductions you can legitimately get, the lower your taxable profit will be. So, the goal should be to get as many...
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
For most taxpayers, a tax refund is a windfall, a huge amount of money that could be used for many important purposes, but is paid in taxes only to be returned a few months later....
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015