Monthly Archive:: June 2021
TweetShareSharePin0 SharesEmployment Taxes – What Are They? If you have employees, you are responsible for paying a variety of taxes at the federal, state, and local levels. You must also withhold certain taxes from the paychecks of your employees. So, what are employment taxes? Employment taxes include the following. 1. Federal income tax withholding 2.
If you're looking to apply for IRS CNC Status then there are some important things you have to do. First, you have to file any and all federal tax returns for the past year that you're required to file, then you have to maintain these forms on a monthly basis.
TweetShareSharePin0 Shares This week, Colorado became the 14th state to either require or allow some pass-through businesses such as partnerships to pay state income taxes at the entity level rather than on their personal income tax returns. Why does this matter? It’s an increasingly popular way for states to give some residents relief from the
TweetShareSharePin0 Shares Welcome to our monthly podcast in Portuguese, É da sua conta (it’s your business) produced by Grazielle David, Daniela Stefano and Luciano Máximo. All our podcasts are unique productions in five different languages – English, Spanish, Arabic, French, Portuguese. They’re all available here. A principal política econômica hoje é a política de vacinas. E é possível vacinar 80% da população mundial num espaço curto de
TweetShareSharePin0 Shares A key theme of our Options for Reforming America’s Tax Code 2.0 is that tax policy is a matter of trade-offs. For example, expanding the generosity of tax credits for lower-income individuals can help make the tax code more progressive, but it also reduces federal revenue. Pairing a credit expansion with a tax
TweetShareSharePin0 Shares We welcome as her second visit to the blog my colleague in the tax clinic at the Legal Services Center of Harvard Law School, Audrey Patten. Audrey has developed a significant docket of innocent spouse cases and is currently working with Christine to write the third edition of A Practitioner’s Guide to Innocent Spouse
TweetShareSharePin0 Shares Progress toward the outline of a potential agreement. That’s how White House press secretary described a possible deal on an infrastructure plan between a bipartisan group of senators and top White House aides. The senators said last night they had reached tentative agreement on how to spend about $1 trillion, including about $579
TweetShareSharePin0 Shares Loss carryover provisions allow businesses to either deduct current year losses against future profits (carryforwards) or current year losses against past profits (carrybacks). Many companies have investment projects with different risk profiles and operate in industries that fluctuate greatly with the business cycle. Carryover provisions help businesses “smooth” their risk and income, making
TweetShareSharePin0 SharesWill Pay-Per-Play (PPP) Work? We have all heard of pay-per-click (PPC) and have seen it rise to become the primary form of online advertising in the space of only a few years. Most webmasters carry PPC ads on their sites these days, be it Google or any of the other PPC providers such as
TweetShareSharePin0 Shares South Korea Cracks Down on Cryptocurrency Tax Evasion & Dodgers South Korea Cracks Down on Cryptocurrency Tax Evasion South Korea Cracks Down on Cryptocurrency Tax Dodgers: Not all countries have welcomed cryptocurrency with open arms – including Korea. Many countries are worried about tax fraud and evasion. In the US, there have several