When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and your correct tax. FIVE FILING STATUSES Single Married filing jointly, Married filing separately, Head of household, and Qualifying surviving spouse.
When many business owners see the term “financial reporting,” they immediately think of their year-end financial statements. And, indeed, properly prepared financial statements generated at
An estimated 190 million Americans have been under heat advisory alerts, according to the National Weather Service. That may have spurred you to think about
More than a million Americans live in a nursing home, according to various reports. If you have a parent entering one, you’re probably not thinking
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023, the SE tax
If you’re planning your estate, inheriting stock or other assets, you may be unsure of the “cost” (or “basis”) for tax purposes. HOW DO THE
Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports that business
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among