A good investor must know the nitty-gritty of investments, such as the profit rates, market variation, and dividend types. As it goes, those who invest in corporate stocks receive a portion of fixed profit now and then. Call it dividends. The sum usually adjusts every three months in line with the company’s progress. However, no…
It is hard to find people who love to file tax returns. Yet still, some don’t hate it as much as most of us. So, who are they? Are they sons of a higher mortal? No! Simply put, they are the fellas who know ways to minimize the hassle of taxes and maximize returns. The…
To tell the truth, it seems like there is never enough time to file returns. Even the COVID-19-affected deadline in 2021 came and went like a comet in the night sky. Last year, taxpayers got an extra month to get their ducks in a row and file returns. This year also IRS gives us a…
A corporation, be it a C-Corp or LLC, pays hefty taxes, not once but twice. First, the corporation’s income is taxed, and then the owners’ dividends. By law, that’s the price you pay for self-employment; double taxation. Is there a way out? For some, yes! These include domestically incorporated small businesses, having less than 100…
Benjamin Franklin once said, “in this world, nothing is certain except death and taxes.”. Whether you are employed, self-employed, or operate your own business, you will need to meet your federal, state, and local tax obligations. Tax is any amount of money, resources, or tradable commodity that is taken up to the ruling power or…
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