If you’ve put off your tax planning and are looking for some quick end-of-year tax deductions, don’t worry, you’re not alone.
Here are a few of the very basic principles that require continuous practice, not only to get our finances in check, but to achieve the financial freedom we desire.
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 […]