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The Benefits of hiring your child
If you have underage children in your home and you run a business, know that hiring them comes with a lot of financial benefits, both for them and for your business. How so, you could ask. Well, this article aims to outline all of these benefits, and, I believe that...
Benefits of Hiring Your Child in Your Business
Benefits of Hiring Your Child in Your Business Tax planning presents so many opportunities to save money using various strategies that are legal. Taxes take a massive chunk of business profits. And making it with great aplomb. When running a small business becomes a...
What You Need To Know About Tax Planning and Record Keeping?
Tax planning and record-keeping: What you need to know? Last year, we came across something from the Internal Revenue Service (IRS). Where they were educating taxpayers about the importance of keeping your records. For the sake of tax planning. We couldn’t agree more...
Why Is It Important To Tax Plan?
Why is it important to tax plan? US taxpayers just completed filing for their returns on the extended July 15 deadline. With that being done, taxpayers feel a heavy burden being lifted off their shoulders and are tempted to relax and wait for next year. But that...
Tax Refund The IRS Debunks Common Myths
Tax refund: The IRS debunks common myths The July 15 tax deadline has come and go, and the Internal Revenue Service (IRS) has reminded all taxpayers that there is no secret way to find out when a refund will be issued. Even though some filers have received their...
The New Law states that seniors and retirees not required to take distributions from retirement accounts this year
The New Law states that seniors and retirees not required to take distributions from retirement accounts this year. In a newsletter published last week, the Internal Revenue Service (IRS) stated that senior citizens and retirees are not required to take money out of...
Did you Miss the extended July 15 tax deadline?
Did you miss the extended July 15 tax deadline? Here is how you can avoid a bigger bill. Following the outbreak of the COVID-19 pandemic, the Internal Revenue Service (IRS) extended the tax deadline to July 15, 2020, and it lapsed, even though we understand that many...
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