So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
When it comes to tax season, self-employed individuals often envy their employed relatives and friends, wishing they could mechanically input data in a W-2 form and be done with their...
There are many companies who have been operating in the industry for a long time but they have never gone through an audit. Similarly, the companies who are about to go public; should...
Gross income comes from following categories of income:
Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property.
Leasing generates rental income....