If you earn income from your farming or fishing business, you can avoid making estimated tax payments by completing the return and paying all taxes due on or before March 1st of the...
Posted by Unifirst Financial & Tax Consultants on 01/09/2022
The Internal Revenue Service (IRS) changes certain tax provisions each year to deal with inflation. The idea is to prevent taxpayers from losing more tax exemptions because they could...
Posted by Unifirst Financial & Tax Consultants on 01/01/2022
A leveraged loan is a high-risk loan for borrowers who have a lot of debt, bad credit, or both. Lenders usually charge higher rates of interest because the risk of default is higher....
Posted by Unifirst Financial & Tax Consultants on 12/27/2021
What is microeconomics?Microeconomics is the social science that studies the implications of incentives and decisions, especially their impact on the use and distribution of resources....
Posted by Unifirst Financial & Tax Consultants on 12/18/2021
There are various business structures, so when forming yours, you will probably have multiple options. Chances are you will hear of S corporation and wonder the implication and how...
Posted by Unifirst Financial & Tax Consultants on 12/10/2021
A notice from the IRS can worry most taxpayers. A CP2000 notice is a notification from the IRS that the income or payment information does not match the tax information provided in...
Posted by Unifirst Financial & Tax Consultants on 11/28/2021
The most common reasons Americans move abroad are due to a relationship, a career opportunity, or a sense of adventure. While living abroad is considered an adventure, Americans moving...
Posted by Unifirst Financial & Tax Consultants on 11/21/2021
Blockchains are great records of digital assets because they are secure and immutable. Although cryptocurrencies have become synonymous with blockchain, the same technology can store...
Posted by Unifirst Financial & Tax Consultants on 11/11/2021
What is a charitable contribution deduction?A charitable deduction is one of the itemized deductions available to taxpayers who donate to charity. The charitable deduction allows taxpayers...
Posted by Unifirst Financial & Tax Consultants on 11/04/2021
