The Federal Unemployment Tax (FUTA) is a Tax incurred by the employer and it is used for the workforce of state agencies. This tax is reported by every Employer with the filing of...
Posted by Advantage Tax Services, Inc. on 01/27/2019
Charitable deduction can be defined as those deductions which the tax payers have to pay when they donate money to any kind of charity. The charity must qualify for these deductions...
Posted by Advantage Tax Service on 10/26/2018
Student loans are probably one of the many problems almost every single American student have in common. Managing your student loans can be difficult as it depends on what school you...
Posted by rinehimerbaker on 09/24/2018
The word Not-For-Profit often rings a bell in the ear and suspicion in mind regarding their mode of operation and revenue model. A lot of these curiosities stem from the fact that...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/21/2018
Unrelated business taxable income (UBTI) defines as an income that is regularly generated by an entity (tax-exempt body) by taxable activities. The income of UBTI is not associated...
Posted by Foudy CPA Group,PC on 05/16/2018
It would be disastrous to non-profit charitable organizations if they should lose their tax-exempt status. Therefore, it is incumbent upon the leaders of such organizations to familiarize...
Posted by Flynn Financial Group Inc on 12/29/2017
When it comes to handling sales tax, small businesses need to be sure that their collection is for the right amount based on the transactions that your business has processed. Yet...
If you are a small business owner, tracking the taxes owed to the various levels of local, state and federal government are par for the course. This includes sales tax obligations....
Throughout the year, many of us contribute to various charities, providing our time, money and various goods to assist the charity in their mission. By tracking these donations and...