An LLC offers several tax advantages, including simple flexibility in choosing how to tax the entity.When deciding on the structure of a business, one of your main concerns should...
Posted by Daniel P Vigilante CPA and Profit Consultants on 10/09/2021
If you've earned income in multiple states or live in one state and work in another, you are expected to file multiple state income tax returns.While the need to file a tax return...
Posted by Unifirst Financial & Tax Consultants on 09/30/2021
Under federal law, employers are required to withhold certain funds from their employees' salaries and remit them to the Internal Revenue Service in the form of income and payroll...
Posted by Income Taxes and Bookkeeping LLC on 08/15/2021
An S corporation, or sometimes referred to as S subchapter or S Corps, is a type of incorporated legal business entity. An S corporation has a similar business structure to a limited...
Posted by Pat Raskob on 07/17/2021
Many economists analyze the economic policies of the Biden administration and conclude that inflation is an almost forgone conclusion. Regardless, we are already seeing an increase...
Posted by Pat Raskob on 06/25/2021
While starting up, many entrepreneurs usually concern themselves with various things like getting the perfect investor, getting funds, and hardly have tax in mind. However, the problem...
Posted by The TaxAdvocate Group, LLC on 06/24/2021
You might think that the only time there would be taxes on an IRA or other type of retirement account would be when you make withdrawals or distributions. However, some income received...
Posted by Taxes Made EZ Inc on 06/06/2021
The last thing any business owner wants is to be audited by Uncle Sam. Truthfully, the probability of an audit is generally low though some red flags can trigger a business audit....
Posted by Rosovich & Associates, Inc. on 05/29/2021
Everyone with assets will know that keeping such assets safe is a top priority as there are various threats to one's ownership of such assets like divorce, lawsuits and creditors. With...
Posted by Daniel P Vigilante CPA and Profit Consultants on 05/24/2021
