Taxes
Latest Taxes News
How to Minimize or Avoid Taxes on Your Venmo Transactions
Whether you are splitting a bill or selling handmade goods, the IRS may expect you to report certain payments. This…
The IRS Isn’t Answering. Now What?
What should you do if you need help with your taxes?After a busy filing season, many households are trying to…
What Is Withholding Tax and How Is It Calculated?
You’ve likely noticed the IRS withholds a portion of your paycheck before it ever reaches your bank account. This is…
Inc. vs. LLC: Key Differences, Pros and Cons for Taxes
Choosing between a corporation (Inc.) and a limited liability company (LLC) affects how your business is taxed, how profits are…
IRS Braces For More Workforce Cuts Once Tax Season Ends
With the 2025 regular tax season deadline just days away, the IRS is already bracing for more cuts in its…
Tax Filing Season Statistics Suggests Taxpayers Are Still Waiting To File
IRS data from the fourth week of the tax filing season—the week ending February 21, 2025—continues to suggest that taxpayers…
How To Forecast Growth In The Age Of Uncertainty
It only takes a quick scan of any cable news network to realize that we have entered a whole new…
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency…
Choosing The Right 401(k) For Your Small Business
Selecting a 401(k) plan for your LLC or S corporation can significantly impact your employees’ retirement savings and your company’s…
After Legal Settlement Payment, You May Receive Two IRS Forms 1099
If you received a lawsuit settlement in 2024, you probably received an IRS Form 1099 from the defendant in early…
