by admin | Jun 13, 2024 | TaxBiz
➡️ Understanding and complying with tax obligations is very important to the success of every business, especially a new one. Below, we leave some tips for new entrepreneurs. 🔹Choose a Business Structure The form of business determines which tax return a business...
by admin | Jun 6, 2024 | TaxBiz
🔎 Of all the things that take parents’ sleep away, looming college costs may be among the most daunting: For the 2023-2024 school year, costs for a private four-year college averaged $55,470 per year for tuition, room, board, books, transportation and other...
by admin | May 30, 2024 | TaxBiz
🏠 The home has traditionally been the largest asset for most Americans, and in addition, it can provide financial stability by acting as a source of home equity for retirement income Home equity is the value of the home minus any debts you have, such as a mortgage....
by admin | May 23, 2024 | TaxBiz
The term “independent contractor” defines how you earn income and your relationship with the people or companies you work for. It is not any particular type of business structure, as independent contractors are free to choose the structure that best suits...
by admin | May 15, 2024 | Uncategorized
🔎 The U.S. Internal Revenue Service (IRS) said it has $1 billion on the table in refunds due to people who never filed a return in 2020. Nearly 940,000 people did not file a federal tax return that year, and they have a deadline to file them next May 17 of this year....