With the increase in bloggers, affiliate marketers, eBay sellers and other online business owners, the topic of reporting miscellaneous income and 1099 forms has been coming up a lot lately.
While most people are aware they must report wages, salaries, interest, dividends, tips and commissions as income on their tax returns, many don’t realize that they [...]

A majority of businesses are organized as pass-through entities that transfer their income and tax liability to the individual owners. Those businesses will need to combine individual tax planning for the owners at the same time they do yearend planning for their business.
Here are some things to consider in your planning:
# Make purchases of certain [...]

QuickBooks is the top small business accounting software, with 94.2% of recent retail sales. However, many find it does not meet all financial or business-management needs. To compensate, they buy extra software or adapt Excel or Word. They also may scrap QuickBooks for five-figure software promising greater usability and integration. Such programs often need higher [...]

A greeting to you all my friends, it is time to write another year end tax planning article. What shall we discuss? What can I tell you all that will offer some sort of financial revelation helping with both your income tax and strategic financial management?
Well, times are difficult but some of you might still [...]

What is commonly known as the IRS actually stands for Internal Revenue Service. This department is the in charge for the taxes paid to the Government every year.
Their regime includes varied prospects like your personal taxes, IRS payroll taxes, etc.
IRS payroll taxes could be fairly confusing and sheerly affect on the paycheck we collect at [...]