federal taxes Archive

IRS Auditing

TweetShareSharePin0 SharesIRS Auditing Everyone hopes that they will never have to endure an audit from the Internal Revenue Service (IRS). On the downside, there is a good chance that sometime in your life you will be audited. However, there are a few things you can do to make the process a little easier. It is

Accounting Finance Careers

TweetShareSharePin0 SharesAccounting Finance Careers For those who enjoy the challenge of working with numbers on a daily basis, an accounting finance career is right for you. With the tools that were taught in school, you will be able to help a company or a business run efficiently. But what is the first step that you

Once More Unto The Breach!

TweetShareSharePin0 Shares Will Senate Democrats make a deal with Sen. Manchin on a smaller spending plan? They’re going to try one more time, three months after the West Virginia Democrat sunk the $1.7 trillion Build Back Better plan. Politico reports that Senate Dems are switching up their strategy by meeting Manchin’s recent demands. He says

Integrated Tax Rates on Corporate Income in Europe

TweetShareSharePin0 Shares In most European OECD countries, corporate income is taxed twice, once at the entity level and once at the shareholder level. Before shareholders pay taxes, the business first faces the corporate income tax. A business pays corporate income tax on its profits; thus, when the shareholder pays their layer of tax they are

Is Your Ebay Activity A Business Or A Hobby?

TweetShareSharePin0 SharesIs Your Ebay Activity A Business Or A Hobby? Many eBay sellers start out as a hobby, or just to clean out their closets. Many times, this hobby can lead to a profitable business. A hobby is an activity that you do simply because you love doing it, but it may also earn you

Great Advice On Running A Home Business

TweetShareSharePin0 SharesGreat Advice On Running A Home Business So, you have just established a home business, and you are ready to get it up and running. However, you could still use a little help finding your way. This article is full of useful tips to help you navigate the waters as you start out on

Tariffs and the Trade War: Tax Foundation Analysis

TweetShareSharePin0 Shares Key Findings The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products, which is equivalent to one of the largest tax increases in decades. Based on 2021 import levels and country exemptions, the tariffs amounted to a $52.6 billion tax increase in 2021.

There Are Two Weeks Until Tax Day…

TweetShareSharePin0 Shares Don’t leave money on the table. The IRS has $1.5 billion in unclaimed 2018 tax refunds waiting for people who did not file a return that year — but they must claim the money by April 18. About 1.5 million taxpayers did not file a tax return that year. There is three-year window
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