by Folasade Ayegbusi | May 13, 2022 | Tax
5 Ways You are Cheating on Your Taxes Tax cheats are rampant across the country. Unscrupulous tax professionals make the situation worse because they advise their clients to take shortcuts and cheat the IRS. This is a dangerous practice because many people are getting...
by Folasade Ayegbusi | May 7, 2022 | Tax
Small Business Tax Tips: 5 Tax Write-Offs You Did Not Know About I shared a post on my Instagram page showing how much your income is taxed. If you, you will be shocked at just how much your money is taxed. It’s taxed several times as it passes through hands and...
by Folasade Ayegbusi | Apr 29, 2022 | Accounting, Tax
6 Things to Use to Measure Your Financial Literacy Financial literacy is a growing subject worldwide, and for a good reason. It is the panacea for poverty in previously sidelined communities. Gone are the days of waiting for reparations alone without the financial...
by Folasade Ayegbusi | Apr 21, 2022 | Tax
Virginia Enacts New Pass-Through Entity Tax Legislation: What does this mean? How are pass-through entities taxed? A pass-through entity (PTE) is a status that a business chooses for tax purposes. Therefore, a business elects to be taxed as a PTE. However, not every...
by Folasade Ayegbusi | Apr 8, 2022 | Tax
Boost For Savings Plans as New Retirement Bill Clears House A new retirement bill received an overwhelming 414-5 bipartisan vote on March 29 in the House of Representatives. If it clears Senate and is approved by President Biden, this bill will usher in retirement...
