Taxes and death are the only two guarantees of life. While you cannot avoid death, you can reduce or avoid some tax liability. If you want to reduce your taxable income, credits, deductions and investment strategies are available for individuals, solopreneurs and...
When you own a small business, tax deductions can lighten your tax burden and save you money. They make the cost of doing business more affordable. The more you understand deductions, the more you use them to lower your total tax liability. In other words, you keep...
Cryptocurrency isn’t new. For years now, we’ve seen more and more clients needing help determining their tax liability on the sale and exchange of crypto. Like stocks, bonds, gold and silver, the IRS considers crypto property and treats it as such....
1. Verify all information that will transfer to the W2s. Company information to verify for payroll would be the company name, address, and EIN accurately listed. Employee Names, social security numbers, and current addresses. 2. Account for all earnings, even outside...
