Yeah, we understand that you do not want to let go of your hard-earned money to the IRS. However, trying to hide it from Uncle Sam is a recipe for trouble. No matter how smart you...
The United States has a federal system for all taxpayers, but state rules vary widely.The United States has a multi-tiered tax system under which federal, state, and sometimes local...
Nontaxable Income One needs to know which income will not be subjected to taxes. Taxes should only come from taxable income, making it essential to remove nontaxable income from...
Posted by Daniel P Vigilante CPA and Profit Consultants on 01/07/2021
When it comes to taxes, the federal income tax is the one that gets the most attention. However, this is far from the only money American residents pay the government. Most states...
A withholding tax is an amount that an employer takes from its employees' wages and pays it directly to the government. The amount withheld is an income tax credit that the employee...
As an owner of a small business, tax time can feel overwhelming. Yet with good recording keeping, you can easily take advantage of several small business deductions that will help...
For many tax payers, their refund check is eagerly anticipated. However, there are options available that allow you to access your refund right away versus waiting for the government...
The tax filing season is just around the corner, and it officially started yesterday on Tuesday, January, 19, 2016 as announced by the IRS. Tax payers will be able to file their individual...
It is a common saying that there is nothing as certain as death and taxes. However, the issue with taxes is the inconsistency and the complication. Also, tax is not as old as human...