Most small businesses will need to file an annual income tax return for their business income. Every business needs to file a return based on their business entity type, which can be foundhere. It’s important to note that the federal income tax is a pay-as-you-go tax, meaning that you...
Federal income tax is a tax imposed on income by the federal government. It’s calculated using the tax bracket system based on your taxable income. As your income increases, you move up the tax brackets and pay more in federal income tax, which is deducted from your gross wages. State I...
The reason for the story was that while sales tax receipts were up by 20% in 15 shale-intense counties in eastern Ohio, job growth "has not yet proved to be a jobs bonanza." Employment in those counties was only up 0.6% in 2012. The data came from Cleveland State's excellent shale ...