Whether you are an employer hiring independent contractors, or you are an independent contractor working for a business, you need to understand the tax planning implications of a worker classified as … [Read more...] about TAX PLANNING NEEDED – EMPLOYEE VS. INDEPENDENT CONTRACTOR
BUSINESSES OWNERS NEED TO UNDERSTAND NEXUS
Proper tax planning and tax preparation may alleviate the anxiety when a small business owner opens the envelope from a state taxing authority and learns that the state wants to conduct an audit of … [Read more...] about BUSINESSES OWNERS NEED TO UNDERSTAND NEXUS
TAX PLANNING NEEDED – SMALL BUSINESSES UNDER IRS ATTACK
Proper tax planning and tax preparation may alleviate the anxiety when a small business owner opens the envelope from the IRS and sees a letter that starts out “Notification of Possible Income … [Read more...] about TAX PLANNING NEEDED – SMALL BUSINESSES UNDER IRS ATTACK
WHY AMERICANS ARE RENOUNCING THEIR US CITIZENSHIP
Why are more Americans renouncing their US citizenship? Whereas most taxpayers likely don’t pay sufficient attention to part III of Schedule B when having their Form 1040 prepared, some Americans are … [Read more...] about WHY AMERICANS ARE RENOUNCING THEIR US CITIZENSHIP
TAX-FREE GIFTING TO FUND CHILD’S COLLEGE EDUCATION
You are financially successful and have a child who will be attending college. You begin the process of completing a FAFSA application (Free Application for Federal Student Aid) and quickly discover … [Read more...] about TAX-FREE GIFTING TO FUND CHILD’S COLLEGE EDUCATION
TAX TIPS FOR MARRIED COUPLES DIVORCING
Since we discussed tax tips for newlyweds last week, and since almost 50% of US marriages result in divorce, here are some additional tax tips and considerations for married couples contemplating … [Read more...] about TAX TIPS FOR MARRIED COUPLES DIVORCING
