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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If you’re running a business, you’re on the hook for a variety of taxes. But What Taxes Do Businesses...
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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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Caterer? Cupcake baker? Craft jeweler? Maybe even a glassblower? Your passion may have led to income. You should know...
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An IRS audit reviews and examines an organization’s or individual’s accounts and financial information to ensure it’s reported correctly...
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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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