The BEAT (Base Erosion and Anti-Abuse Tax) was enacted in 2017 to discourage U.S. and foreign companies from evading their tax obligations by shifting their profits out of the United...
Posted by Pat Raskob on 12/31/2022
Bonuses are considered extra pay and are taxed by the IRS as ordinary income. There are two ways for your employer to determine how much to deduct from your salary.Earning a bonus...
Posted by Taxes Made EZ Inc on 09/03/2022
This is the first year that individuals, estates, and trusts ("owners") holding these pass-through businesses will be able to claim the 199A deduction. The Tax Act of 2017...
Posted by Dennis Jao on 09/02/2022
Creating a list of the best bond ETFs for 2022 may include, at first glance, only those funds that can perform well in an inflationary and growth environment. But that would only be...
Posted by Taxes Made EZ Inc on 07/09/2022
Tax-loss selling, a.k.a tax-loss harvesting, is a strategy available to investors trading below their original cost in non-registered accounts. These investments can be stocks, bonds,...
Posted by Tiffany Gaskin on 03/10/2022
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
Are you a government worker? If yes, the government has made a system where you can start saving for retirement known as the Thrift Saving Plan. These savings are paid as contributions...
Posted by CORE PERFORMANCE on 07/09/2022
OverviewEconomics is divided into two primary categories: microeconomics and macroeconomics. Microeconomics studies individual and business decisions, while macroeconomics analyzes...
Posted by CORE PERFORMANCE on 07/01/2022
Barter transaction happens when a business and another one exchange services with one another. While there are no funds exchanged with barter transactions, Uncle Sam believes you need...
Posted by Tucker Accounting Services LLC on 02/28/2021
