Effectively managing your 1099 workforce requires strict adherence to IRS guidelines for independent contractors. Misclassifying employees as contractors can result in penalties that disrupt a business’s financial health. This guide
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Even the savviest real estate investors are often at their wits’ end regarding tax laws. However, with the right knowledge, combined with the services of a reputable tax and accounting
When it comes to running a successful business, understanding the nuances of taxation is crucial. One often overlooked aspect with a significant impact on taxes is depreciation. Depreciation is not
When it comes to taxes, the Internal Revenue Service (IRS) plays a crucial role in collecting revenue for the government. One of the ways the IRS ensures compliance with tax
As a business owner or entrepreneur, you are always on the lookout for ways to save money and improve your bottom line. One often overlooked method of achieving these goals
Working remotely is becoming an increasingly popular option for people who want to have more control over their work-life balance. But there are a few things you should know about
If you’re a United States citizen or hold a green card, you are expected to report and pay taxes on the foreign business income that you make each year. Depending
One of the many changes that businesses will experience when filing taxes this year is the business interest limitations. The IRS Section 163(j) rules were first included in the Tax
The pandemic has changed many things about the workplace, including making many businesses permanently hybrid or remote. As a result, many people who never considered working abroad in the past
While you might be currently living overseas, that does not mean that you are free from the tax obligations of being an American citizen. Even if you work overseas, there