by Jarel Daniels | Aug 16, 2021 | Tax & Accounting
Estimated Taxes The federal income tax is a pay-as-you-go tax. You must pay the tax as you earn or receive income during the year. There are two ways to pay as you go, either by employer withholding or estimated tax payments. Employer Withholding If you are an...
by Jarel Daniels | Aug 9, 2021 | Tax & Accounting
Representation Individual taxpayers who are under audit by the IRS may attend the audit in person without any assistance from a tax professional. However, this can be a dangerous mistake. Although not officially stated, it is the job of an IRS Revenue Agent to conduct...
by Jarel Daniels | Aug 5, 2021 | Tax & Accounting
Lease vs Buying Car For Business: Which is Better and Why If you are thinking of having a business car leasing, then you might want to consider if it is better to lease or buy, and what specific things you should know when choosing a plan. In this article, we will run...
by Jarel Daniels | Jul 22, 2021 | Tax & Accounting
What are Taxes? Taxes are the liability or total amount of money an individual, corporation, or another entity owes from a taxing authority, which the government uses for support or projects of specific entities and services. It’s pretty simple. Taxes are...
by Jarel Daniels | Jul 19, 2021 | Tax & Accounting
What is the Tax-Exempt Status? If you’re a business or someone applying for tax-exempt status, you should first understand that it means you’re applying to have income or transactions that are free from taxes to all levels, whether on federal, state, or...
