You may be operating a sole proprietorship and not even know it.The sole proprietorship is the most basic business structure in the United States. They are also the default entity....
Posted by Daniel P Vigilante CPA and Profit Consultants on 06/18/2021
So you are planning for retirement, and you don't know how to go about it? Investing in your 50s/60s is a time of transition. So stop focusing on fundraising for retirement. Instead,...
Posted by The TaxAdvocate Group, LLC on 06/18/2021
Any funds you have in a savings account will generate some interest. But, sadly, such interest does not usually amount to anything tangible, especially during a recession when the...
Posted by Aurelia E Weems CPA on 06/11/2021
Approaching Uncle Sam yourself is a mistake you don’t want to make. Know that the IRS has trained agents and psychologists expert at squeezing you for the truth and getting you...
Posted by Income Taxes and Bookkeeping LLC on 06/06/2021
Payroll taxes are all taxes collected by federal, state, and local governments based on wages paid to employees. All businesses that have employees must deduct these taxes from the...
Posted by SG Quality Accounting Corp. on 06/03/2021
Uncle Sam issued tens of millions of tax refunds every year, and every taxpayer gets an average of $2,500 tax payment. If you know how to play it well, there could be bigger tax...
Posted by Taxes Made EZ Inc on 05/24/2021
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
Many entrepreneurs are afraid of the thought of doing their payroll because it can be complex and demanding. However, if you don't have the funds to pay a qualified expert, you...
Posted by Aurelia E Weems CPA on 05/07/2021
The federal insurance Contribution Act (FICA), alongside FUTA (the Federal Unemployment Tax Act), made it compulsory for employers in Puerto Rico to pay taxes. As a result, employers...
Posted by Abundant Wealth Planning LLC on 04/30/2021
