What is a subsidy?A subsidy is a benefit given to a business, an individual, or an organization, usually by the government. It can be in the form of direct subsidy(such as cash payments)...
Posted by Dennis Jao on 05/22/2022
A blockchain is an improved database containing records of transactions stored in an unaltered ledger. It makes transactions easy to track since no one person has exclusive rights...
Posted by Pat Raskob on 05/10/2022
Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
If you have an unpaid debt, creditors may withhold part of your salary to pay it off. Find out what you need to know about wage garnishment to better prepare yourself.Financial stress...
Posted by Taxes Made EZ Inc on 03/31/2022
The TCJA(Tax Cuts and Jobs Act) may have brought major changes to how income is taxed, but the choice of application remains the same. Taxpayers can still mail or e-file their tax...
Posted by Taxes Made EZ Inc on 02/28/2022
Under federal law, employers are required to withhold certain funds from their employee's wages and remit them to the IRS as income and payroll taxes. United States Code Sec. 6672(a)...
Posted by Abundant Wealth Planning LLC on 02/08/2022
If a partnership that has a foreign partner has income related to a trade or business in the United States, a partnership withholding must be reported. This is done by filling out...
Posted by James Financial Services Inc on 01/27/2022
When it comes to your tax fillings, you cannot afford not to know all the requisite forms to be filled and filed by the end of the tax year. There are different tax forms for different...
Posted by Pat Raskob on 10/09/2021
Don’t get confused by the extended title; FATCA is as simple as any other tax idea you should become conversant with. It refers to a tax law that makes American citizens home...
Posted by Income Taxes and Bookkeeping LLC on 09/30/2021
