The IRS allows taxpayers to deduct medical expenses used by themselves, their spouses, or someone claiming them as a dependent. Although tax returns do not accept medical deductions...
Posted by Pat Raskob, Emeritus on 01/26/2023
A Ponzi scheme is a monetary scam in which a promoter offers investors exceptionally high or substantial returns on investment. Gullible investors give their money to the conspirator...
Posted by Taxes Made EZ Inc on 01/17/2023
The IRS has enforced new laws for taxpayers running a ranch or farm business. Although business can be overwhelming, the new laws have complicated it. Agriculture is a broad and uncertain...
Posted by Pat Raskob, Emeritus on 01/17/2023
Unpaid payroll tax penalties are charges imposed by the Internal Revenue Service (IRS) on an employer's account if they fail to collect, report, and remit employment taxes.What...
Posted by Tiffany Gaskin on 01/17/2023
Wouldn't life be beautiful without taxes? You can't avoid them entirely, but as an active member of the U.S. military or veteran, you have access to tax benefits not usually...
Posted by Pat Raskob, Emeritus on 01/09/2023
IRS Form W-4 informs your employer how much income tax to withhold from your pay. You will need to complete one when you start a new job. You can also send a new W-4 to the human resources...
Posted by KLSM CPA Firm PLLC on 01/09/2023
The Internal Revenue Code (IRC) contains laws that guide the operations of the Internal Revenue Service in the United States of America. The code is split into two: the public sector...
Posted by Tiffany Gaskin on 01/09/2023
If you're a small business owner, you may be looking for ways to stand out in the hiring process or to keep hard-working employees at your company. One of the ways to achieve this...
Posted by KLSM CPA Firm PLLC on 12/31/2022
What is a deductible?A deductible is an expense that a taxpayer or business can deduct from their adjusted gross income when filing a tax form. Deductible expenses reduce your taxable...
Posted by Dennis Jao on 12/31/2022
