The tense relationship between the U.S. government and Native American tribes has led to recurring disputes and confusion over tax issues. Native Americans do pay taxes, but some quirks...
Posted by Dennis Jao on 01/14/2021
Being a self-employed, independent contractor, or working for a small business can seem like a dream. However, one downside is that you are unlikely to have access to a workplace pension...
Posted by Flynn Financial Group Inc on 01/14/2021
If you look at the TCJA, you will see that the C Corps' new tax rate is 21%, while the maximum individual rate is 37%. Also, individuals can benefit from a 20% deduction for pass-through...
Posted by CORE PERFORMANCE on 01/14/2021
The gig economy has risen all over the country. The recent pandemic has forced many people to take on gig business, which might not go away any time soon. While this presents fantastic...
Posted by Thomas G Kinsella, ATP on 01/13/2021
The TCJA eliminated several itemized deductions from 2018 through to 2025. However, the investment interest deduction was not affected. This means that single taxpayers can claim their...
Posted by Rosovich & Associates, Inc. on 01/13/2021
Uncle Sam advises all taxpayers, which involves individuals and businesses, to estimate their accounting period in a year referred to as a tax year. Although, It is generally agreed...
Posted by Accurate Books And Tax on 01/13/2021
A household employment tax allows everyone that hires a nanny or a gardener, to name a few, and pays them above $2,200 every year, to pay household employee taxes for their worker....
Posted by Tucker Accounting Services LLC on 01/13/2021
Uncle Sam is not alien to the stress and predicament that comes with living and moving abroad. One cannot compare the cost of living, and in a bid not to discourage Americans who would...
Posted by Unifirst Financial & Tax Consultants on 01/13/2021
Some profound tax changes came around in Jan 2018 with the passing of the Tax Cuts and Jobs Act (TCJA). As a result of this law, the personal exemption was suspended till 2025. It...
Posted by Income Taxes and Bookkeeping LLC on 01/12/2021
