You are responsible for personal and business taxes as a small business owner. There are two types of taxes: direct and indirect. What differentiates these two groups? Indirect and...
Posted by Dennis Jao on 06/24/2022
What is corporate tax?Corporate tax is a tax on the profits of a company. The tax is paid on a company's taxable income, including revenue less the cost of goods sold (COGS), general...
Posted by James Financial Services Inc on 03/17/2022
With much writing on the relationship between good environmental, social, and governance (ESG) practices and company performance, institutional investors integrate ESG factors into...
Posted by Dennis Jao on 01/31/2022
Franchise tax applies to taxes paid by certain companies that wish to do business in certain states. Also called a privileged tax, it gives the company the right to be established...
Posted by Pat Raskob on 08/24/2021
An S corporation, or sometimes referred to as S subchapter or S Corps, is a type of incorporated legal business entity. An S corporation has a similar business structure to a limited...
Posted by Pat Raskob on 07/17/2021
Taxes on trust funds can create big problems for small businesses. When an employer withholds part of an employee's salary to pay income tax, health insurance, and social security,...
Posted by Taxes Made EZ Inc on 05/19/2021
Imagine that you could invest in real estate with all the advantages and a few disadvantages of the market. You can skip the process of buying and maintaining a property and jump straight...
Posted by Dennis Jao on 04/06/2021
All businesses have to pay different types of taxes, some easier to understand than others. Corporate taxes are of different types: federal, state, and local.There are also different...
Posted by Abundant Wealth Planning LLC on 03/28/2021
Failure to pay federal income tax can have serious repercussions. Not only will the IRS likely charge you fines and interest on the unpaid balance, but the IRS may also enforce collection...
Posted by KLSM CPA Firm PLLC on 01/21/2021
