It’s a lot to assume that every business of every size will get payroll taxes right every time. The IRS estimates that around 40% are fined annually for not meeting payroll regulations between small and medium-sized businesses.
Paying taxes is one of the few constants in everyone’s financial life. Although you need to pay taxes every year, the ways that you calculate your taxes change annually.
After New Year’s celebrations conclude, Americans need to focus on something less enjoyable: filing their tax returns. And, taxpayers make this process even more challenging when they make mistakes.
It may sound cliche, but there’s a reason why people often refer to accounting as the language of business – it is. We’d like to extend that definition and argue that, at the individual level, accounting represents the language of financial independence. In the following, we’ll outline what financial independence means and the central role […]
Fortune favors the bold, and there are more than a few ways savvy investors can organize their finances to produce passive income right now.
Treasury Secretary Steven Mnuchin announced that the IRS would be extending the filing deadline until July 15th, the same day as the payment deadline.