Taxes can be confusing and complex, especially when you peak behind the curtain: * Each year, the IRS receives over 145 million individual returns and collects almost $1 trillion in tax revenue. * In 1913, our nation’s tax code was barely 400 pages long, while today...
As an entrepreneur, you work hard on a daily basis to keep your business running. There's a lot on your to-do list, and important things like taxes can sometimes take a back seat to dealing with emergency situations. Fortunately, there's something you can do to keep...
The most effective way with which to reduce your overall tax liability is to take advantage of credits and deductions. It works by reducing how much you officially made, which in turn puts you in a different tax bracket. Because you have a lower income, you wind up...
If you own your own business, then you are probably already aware just how easy it can be to get lost in the paper work and legalities of ensuring your companies bookkeeping is kept up to date. If you don't stay on top of this responsibility, then it can make doing...
If you own a business then your biggest nemises is probably the amount of paperwork that you have to do regularly. This is made worse when this paperwork is somehow related to accounting, which can be incredibly confusing for most people to understand. Even if you...