Tax Rate Structures
There are three different types of tax rate structures:
1 - Progressive price structure.
2 - Proportional price structure.
3 - Regre...
04
Feb
11
Jan
Important Tax Changes for TY 2022
Income Tax Return Due Date, Tuesday, April 18, 2023,
1099-K
The threshold for receiving a 1099-K form has decreased from $10,000...
10
Dec
What is the Gig Economy?
The gig economy has become increasingly popular among Americans over the last ten years. From ride sharing to food delivery gigs, onlin...
10
Dec
What’s Schedule C ?
What's Schedule C ? Revenue or Loss from Business (Type 1040)?
IRS Schedule C, Revenue or Loss from Enterprise, is a tax kind you file...
07
Dec
IRS Form 1040: What Is It?
U.S. taxpayers use the IRS 1040 form to file their annual income tax returns. You report your income and deductions on the 1040 form to...
03
Dec
Should You File a Tax Return?
Get your money back: Your tax return may result in a refund in some cases.
Apply for financial aid: Accurate tax returns can make it...
02
Dec
How to apply for an ITIN?
If you're a non-US citizen or resident alien who needs to file a U.S. tax return, you'll need to apply for an Individual Taxpayer Ident...
02
Dec
Who needs an ITIN?
You will need an ITIN if you are not eligible for a Social Security Number (SSN) and you are:
A nonresident person who is necessar...
02
Dec
The benefits of having an EIN
An EIN is an employer identification number. It is a unique nine-digit number assigned by the IRS. An EIN is required for most business...
02
Dec
How to get an EIN
If you're starting a business, one of the first things you'll need is an EIN, or employer identification number. An Employer Identifica...