Whether you prepare your tax return yourself or hire a professional, there are certain things you should know. Often it is not until a person reaches their mid- to late twenties that tax returns become more complex and they need to be more informed. Below are seven fundamental tax concepts that usually are not taught…
The so-called “gig” economy allows individual workers to freelance their skills to meet the on-demand needs of clients by using mobile technology. In 2015, the gig economy gained a significant foothold as businesses and consumers alike began to look beyond the transportation and hospitality sectors (think Uber and AirBnB) to take advantage of other apps…
While there are many business successes, there are unfortunately many more business failures. Various factors, including the type of industry or the age of a business, can contribute to its chances of failure, according to the Statistic Brain Research Institute. The research found that the older a business is, the more likely it will fail….
Perhaps one of the biggest headaches for owners of small businesses involves dealing with the yearly changes to the tax code and trying to leverage tax breaks that have an expiration date. Strategic tax planning can be difficult and is frequently complicated. Here’s an overview of some of the new rules that should simplify matters…
