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...
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
The federal government imposes taxes on free property transfers made during the lifetime (gifts) or in the event of death (bequests/devises) that exceed certain exemption thresholds....
Posted by KLSM CPA Firm PLLC on 01/31/2022
Expenses incurred due to the legal costs of running a profitable business that yields an available income is usually listed as a tax-deductible expense. It's only when the legal...
ESG investing has taken the world by storm, and suppliers and investors are rushing to join the sustainable movement.Unfortunately, the "sustainable" zone contains many gray...
Posted by BEST FINANCIAL GROUP LTD on 01/01/2022
The United States Internal Revenue Service (IRS) recently endorsed a seven-day expansion for filings that were influenced by the software outage of Wolters Kluwer's CCH bookkeeping...
Posted by BEST FINANCIAL GROUP LTD on 06/13/2019
In case you have a health insurance plan through a vocation, you can utilize a Flexible Spending Account (FSA) to pay for deductibles, copayments, a few medications, and some other...
Posted by BEST FINANCIAL GROUP LTD on 06/13/2019
When you are working somewhere, the first thing which you would like to consider is the paid family and medical leave credit. It helps in making you comfortable with the organization...
Posted by BEST FINANCIAL GROUP LTD on 10/09/2018
Taxes are probably not the first thing you’ll think about when someone you love dies. It’s a heartbreaking event in our lives that we will never be able to handle easily....
Posted by BEST FINANCIAL GROUP LTD on 05/21/2018