Discover the ins and outs of SUTA tax—what it is and its significance. Understand SUTA implications for businesses and how to calculate it.
DC Tax Incentives: What They Offer, Who Can Get ThemMichael D. Goodwin
The Deep State is the federal bureaucracy that creates laws, enforces them, and judges and punishes transgressors, which means it possesses all three powers that are supposed to be separate in America: legislative, executive, and judicial.
Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax de...
Master double-entry bookkeeping for your small business! Discover its benefits, key principles, and how it helps maintain accurate financial records.
In terms of tax paying, there are many different forms one needs to file depending on what they need from the Internal Revenue Service. The form we will talk about today is the Sch
What Is an Intangible Asset? Anintangible assetis an asset, such as a trademark or copyright, with no physical presence. That contrasts withtangible assets, such as a building, a piece of machinery, or a fleet of trucks. For accounting and tax purposes, intangible assets can beamortized, wh...
Another alternative, the Roth IRA, accepts after-tax contributions. Investments that grow within Roth IRAs aren't taxed upon withdrawal.3 The 401(k) plan is a defined contribution (DC) plan in which an employer helps by contributing toward employees’ retirement savings (often after a set perio...
If unemployment is making you think it might make sense to start your own business, check whether your state has a Self-Employment Assistance Program (SEAP). This program allows people receiving unemployment benefits to get training in launching a business.2 ...
A defined contribution (DC) plan is a retirement plan that's typically tax-deferred such as a401(k) planor a 403(b). Employees contribute a fixed amount or a percentage of their paychecks to an account that's intended to fund their retirements. The sponsor company can additionally match a...