The COVID-19 pandemic has emphasized remote work. Most jobs transitioned from office work to working from home; however, the transition gave workers new and challenging experiences, such as focusing on…
Gone are the days when traditional, manual paperwork dominates the office. Businesses in this modern world no longer just exist physically, they have also imprinted their legacy in the digital…
Organization skills are a crucial aspect of investment. Effective organization can not only simplify the management of your portfolio but also save you substantial amounts of money in taxes and…
The longevity of a business goes beyond being an unconventional, forward-thinking market player and maintaining a hard-working workforce. While the primary goal of a business is to rack up profits,…
Self-employment has several upsides. Including independence, limitless earning potential, and flexibility to make uninfluenced decisions. If you are now a self-employed professional, you are now your own boss. Being in…
Each year, employers report to their employees and the Internal Revenue Service (IRS), the U.S. federal tax agency, the taxable income earned by every employee using Form W-2, Wage and…
You need to notify your employer of the amount of taxes to withhold from your paychecks based on your filing status, dependents, estimated tax credits, and deductions. When you start…
An Individual Taxpayer Identification Number (ITIN) serves as a tax processing number. The Internal Revenue Service (IRS) issues ITIN to help individuals abide by the tax laws in the United…
Form 1040, U.S. Individual Tax Return, is one of the tax forms U.S. taxpayers need to file with the Internal Revenue Service (IRS). You can use it to calculate and…
With every new year comes a new obligation to file tax returns. While you can file your federal income tax return until April 15th, the official U.S. Tax Day, filing…