Small business sales tax is a tax levied on the sale of goods and services by businesses. It is an important source of revenue for many state and local governments and is usually collected...
Posted by KLSM CPA Firm PLLC on 03/25/2023
Quarterly taxes refer to the estimated tax payments that self-employed individuals and business owners are required to make to the Internal Revenue Service (IRS) on a quarterly basis....
Posted by Dennis Jao on 03/25/2023
The Federal Insurance Contributions Act (FICA) tax is a federal payroll tax imposed on employees and employers to fund Social Security and Medicare programs. FICA tax is a critical...
Posted by Pat Raskob on 03/14/2023
A credit card benefits a graduate, undergraduate, or even a non-traditional student. However, having one that satisfies all purposes is the best. Another reason is having a good credit...
Posted by Taxes Made EZ Inc on 03/01/2023
Education tax credits and deductions can provide significant tax savings for individuals paying for higher education expenses. For the 2022 tax year, there are two main education tax...
Posted by KLSM CPA Firm PLLC on 02/28/2023
The IRS issued Form 1040-X to taxpayers with errors on their tax returns. The form is for correction, deletion, and addition of information to the same form submitted to the IRS. For...
Posted by Taxes Made EZ Inc on 02/22/2023
Think of tax deductions as small (and sometimes not so small) gifts from the IRS. First, its value is subtracted from taxable income, and then the tax bill is calculated based on what's...
Posted by KLSM CPA Firm PLLC on 02/22/2023
When it comes to tax time, homeowners are always looking for ways to reduce their tax burden. Luckily, many tax deductions available for homeowners can result in significant savings.Before...
Posted by Rosovich & Associates, Inc. on 02/22/2023
tIntroductionThe Affordable Care Act (ACA), also known as Obamacare, is a comprehensive health care reform law signed into law in March 2010. The ACA aims to provide affordable health...
Posted by Tiffany Gaskin on 02/22/2023
