If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual Continue reading Taxpayers with Foreign Income
As the driving force in today’s economy, small businesses benefit from numerous tax breaks in the tax code. One of these, the Qualified Small Business Stock (QSBS), was just Continue reading Qualified Small Business Stock (QSBS) Exclusion
Some natural disasters are more common in the summer, but major events such as hurricanes, tornadoes and fires can strike at any Continue reading Safeguarding Your Records Tips
Between mortgages, car loans, credit cards, and student loans, most people are in debt. While being debt-free is a worthwhile goal, most people need to focus on managing their debt first since Continue reading Paying off Debt the Smart Way
7 Business Tax Misperceptions
One of the biggest hurdles you’ll face in running your own business is staying on top of your numerous obligations to federal, state, and local tax agencies. Tax codes seem to be in a constant state of Continue reading 7 Business Tax Misperceptions
Employers – Social Security, Medicare, and withheld income tax. File Form 941 for the second quarter of 2016. Deposit any undeposited tax. (If your tax liability is less than $2,500, you Continue reading August 2016 Tax Calendar