The American tax system is a complicated web, especially compared to how other countries have designed their tax systems. These complexities lead to millions of Americans running afoul of the IRS in the form of
Filing taxes can be cumbersome, especially if you don’t have in-depth knowledge of how tax systems work. Further, attempting to handle tax regulations without the help of a tax specialist can be downright risky as
Being your own boss is awesome, but it often comes with a lot more responsibility than being an employee. Keeping record of your finances throughout the year is crucial, and it can become tiresome being
Typically all employees and businesses within the US are required to pay federal income taxes every year to the Internal Revenue Service. To prove that you have paid your dues to the IRS, you’re going
Understanding Employee Disaster Relief Payments During COVID-19 The COVID-19 pandemic has brought forth unexpected financial hardship for countless people in the United States. As a result of this public health crisis, the government has recently
A Guide to Household Employers’ Tax Obligations If you contract workers to help around your personal residence and pay them more than $2,300 a year, you are required to pay and withhold FICA taxes on
