by Jarel Daniels | Jan 27, 2021 | Tax & Accounting
Understanding Income Brackets and Rates for this 2021 Tax Season Here’s how income brackets and tax rates work..Your tax rate (the percentage of your income that you pay in taxes) are based on what tax bracket (income range) you’re in. Take note that for 2020 tax...
by Jarel Daniels | Jan 25, 2021 | Tax & Accounting
Tax Season is Here Thanks to the Corona Virus, the VID, Covid-19 or whatever it is that you prefer to call it, a lot has changed for the 2021 tax season. We cannot stress enough how important it is to start thinking about your tax situation now, while there’s still...
by Jarel Daniels | Dec 4, 2020 | LCC
FAQs on Limited Liability Company (LLC) A Limited liability company (LLC) is a business structure that offers restricted obligation insurance and pass-through tax assessment. Likewise, with companies, the LLC lawfully exists as a different substance from its...
by Jarel Daniels | Sep 30, 2020 | Tax & Accounting
What is a Trust Company? A trust company is a legal entity that serves as a trustee on behalf of a trust of a person or organization. It is typically tasked with the administration, management, and the eventual transfer of assets to beneficiaries. Rather than choosing...
by Jarel Daniels | Sep 24, 2020 | Corporation
What is a Corporation A corporation is a group of people that have met the legal requirements needed to act as an independent legal entity, separate and distinct from its owners, as recognized by law. It is the most common form of a business organization and may act...