Once you have at least one person working for your business, you’re an employer. Being an employer comes with...
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What Exactly Is a “Tax Year”? A tax year is an annual accounting period for keeping records and reporting...
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Operating as a sole proprietorship or general partnership is the least complicated way to run a business, and many...
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Setting a price for your product or service is tough. You need to quickly interpret, recommend and act on...
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Sponsors of retirement plans are generally required by law to report information to the IRS, the Department of Labor...
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Generally accepted accounting principles (GAAP) form a combination of standards set by the Financial Accounting Standards Board that govern,...
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Per the Internal Revenue Service (IRS), fringe benefits are taxable and must be counted in the recipient’s gross wages,...
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An S corporation is a “pass-through” entity — profits and losses from the corporation are reported on the tax...
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Are there business deductions you can take advantage of? Yes, but first you have to make sure your expenses...
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