When it comes to buying and selling a car, cutting out the middleman has many advantages. Buying a car from a private seller usually comes at a lower price. Selling one will make you...
Posted by Abundant Wealth Planning LLC on 07/31/2021
Many small businesses look for ways to save money and reduce what they pay as tax, which might seem like a good idea. As a result, many consider that becoming an S corp can help them...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/24/2021
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
A lot of people worry that if they get a raise, they will have to pay a higher tax, leaving them in a terrible financial situation. However, it is wrong and a misconception of the...
Posted by Karen Munoz, EA on 03/31/2021
All US citizens with foreign accounts need to worry about the tax implications. Uncle Sam does not treat all funds held in a foreign bank account the same way as a domestic bank account....
Posted by KLSM CPA Firm PLLC on 03/31/2021
Regardless of your level of insight into taxes as an individual or a business, you must understand the concepts of FATCA and FBAR and their differences because to understand and utilize...
Posted by Taxes Made EZ Inc on 01/19/2021
If you are a minister of the gospel, you are subject to complex tax and social regulations. We will examine: how your income is taxed; how to apply for the tax exemption on self-employed...
Posted by Dennis Jao on 12/31/2020
Going to university to broaden your horizons is interesting, but funding your studies with scholarships? It's even better. Scholarships often offer an educational path that would...
Posted by Tiffany Gaskin on 12/31/2020
Royalties are payments to property owners for the use of their properties. Royalties generally refer to payments for using intellectual property (IP), such as copyrights, patents,...
Posted by Unifirst Financial & Tax Consultants on 12/24/2020
