As a sole proprietor, you are solely responsible for your business. You will need to encounter additional tax and reporting requirements, but you may also be eligible for certain tax...
Posted by CORE PERFORMANCE on 10/24/2021
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
The premium tax credit is a refundable tax credit that reduces the monthly premiums for plans in the health insurance market. The figure of the premium tax credit depends on household...
Posted by The TaxAdvocate Group, LLC on 03/17/2021
TAXES! You may not enjoy getting those tax deductions, but you must understand how the system works to file correctly and avoid penalties. The AGI is a vital aspect of personal...
Posted by Income Taxes and Bookkeeping LLC on 01/19/2021
People that do not have health insurance in 2020 will not be subjected to a penalty. Taxpayers need not report their health insurance on their return except either you or a member...
Posted by Abundant Wealth Planning LLC on 01/07/2021
There has been a lot of talk about tax penalties under the Affordable Care Act (ACA) in recent years. You may have heard of this tax penalty known as "individual mandate."Simply...
Posted by Carmen Garcia on 05/07/2021
Picking the wrong insurance plan for you and your household could come with grave consequences. As a result, we hope that this article will hold your hands and guide you towards making...
Posted by Premier Accounting & Tax on 02/18/2020
Your taxes are affected when you buy health insurance, and when you don’t. Despite the source of your health insurance either through an employer or the Health Insurance...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
Whether you run your own business or you are an individual, it is important to get the right health insurance for your needs. While this may not have seemed like an important part...
Posted by TAX PROBLEM RESOLUTIONS INC on 06/26/2016
