Taxation

Taxation: Most Common Tax Forms used in Business

For a business, filing tax-return could be a multi-step activity. Basic steps to be considered are. Below is the list of most comm...

Why should one hire a Part-Time CFO?

Most business owners & incorporations have the vision and insight to run their businesses, but when it comes to dealing with their...

Child Tax Credit

Reduces tax bill on Dollar-to-Dollar Basis. It can bring tax bill to zero. You might get a refund. You must have provided at least...

NYC LMI Storefront Loan

The New York City has restarted the loan program that every small business owner have been looking for. The New York City's Storef...

Tax Filing Status

It is very important to know choose the right filing status options as filing your tax return. Choosing the wrong filing status ...

Understanding How FICA Tips Credit Worked

As now the time comes Restaurant owners are looking to finalize their previous year books and filing federal tax return. But wait ...

RESTRICTED STOCK AND 83 (B) ELECTION

Restricted Stock and 83(b)election. Startup / Company gives employee equity of company at a discounted price. Shares are vested at...

IRS Hits the Brakes on Collections in Response to the Corona Virus

As part of government attempts to alleviate economic pressures due to the coronavirus, the IRS has begun to pause collection activ...

Worker Classification: Employee vs. Contractor

If you hire someone for a long-term, full-time project or a series of projects that are likely to last for an extended period, you...

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