What makes a corporation special is it’s a distinct legal entity separated from its owners. That means it pays its own income taxes. The owners are not responsible for …
The IRS has a tax form for every occasion. One quick search on the IRS website will promptly bring up over 900 different results. Most of these forms are …
One of the major recommendations from the IRS is to use a W4 withholding calculator to perform what they refer to as a paycheck checkup. With the changes to …
Medical expenses can damage your budget tremendously, especially when the emergency is unexpected and your insurance does not cover it. The good news is the IRS does allow you …
Joining the ranks of the self-employed is a dream for so many. But that freedom comes with a certain cost. Taxes become more complex when you decide to become …
Businesses have an obligation to provide W-2 Forms for all full-time employees and 1099 MISC forms for all contractors who work for them. When they do this, they need …
What Are the Tax Refund Schedule Dates? The IRS usually issues 9 out of 10 refunds within 10 days after efiling. The chart below will help you determine the …
As a homeowner, you might be asking yourself, are home improvements a tax deduction? The answer could be yes or no. Either way, you will need to track your …