It’s that time of the year again when U.S. citizens have to file their tax returns and pay their taxes. For the first time, taxpayers will also contend with changes in
Being your own boss is a dream a lot of people strive for. You have independence from a structure of a corporate environment. You get to manage your own time
A notice was sent to your establishment informing that you’re about to be audited. A whole slew of disconcerting thoughts now run through your mind. But, hold on, the IRS
No one wants to be audited. It’s just too much hassle for one person to undergo. To be fair, according to CNBC, only 0.7 percent of tax returns are ever
It is the employer's responsibility to withhold the income tax on the paychecks of their employees. The United States Treasury monitors the periodic payment of these amounts. Any discrepancy will
Medicare and Social Security contributions are usually withheld from your employees’ paychecks. Some income tax is also part of this. These amounts are considered as trust fund taxes, and these
Hobbies like card collecting, craft-making, embroidery and other activities may just seem like another productive way for others to use their free time. But, by engaging in these activities, they