Taxes are a complicated and confusing thing. The tax code is as incomprehensible a thing as there ever was. In fact, it is so large that there is nobody who fully understands it. This is why many small business owners get into tax trouble because they aren’t even aware that they did things wrong or …
Taxes Articles and Interviews (tag)
5 Financial Tips for First-Time Freelancers and Independent Contractors
Many people find themselves freelancing. For some, it was a choice made in pursuit of more freedom and opportunity. For others, it was the only income opportunity available. Regardless of the reasons for becoming a freelancer or independent contractor, first-timers need to know a handful of …
All There Is to Know about RD Tax Credits
The legislation, formerly known as the Research and Experimentation Tax Credit, was included as a temporary provision in the Economic Recovery Tax. Over the previous 40 years, the number of eligible state RD Tax Credits has risen rapidly, and so have the benefits of those credits. The 1981 Act …
Tax and Accounting Services in Hong Kong
Taxes, accounting, and bookkeeping are basic but essential aspects of running a successful business across the globe. Hong Kong is no exception. Maintaining your books and regularly updating your records will not only save you from the authorities and laws but also provide critical insights and …
6 Overlooked Tax Credits for Small Business Owners
Benjamin Franklin is supposed to have said, "In this world, nothing can be said to be certain, except death and taxes." The IRS collected nearly $263.6 billion in income tax, before refunds, from businesses in FY 2020. As a business owner, did you know that you may be leaving thousands of dollars …
Facts about Bookkeeping for Small Businesses
From taxation to profit and loss analysis, bookkeeping is an essential activity irrespective of business size. While giant businesses employ professional services such as https://rooks.co/, small businesses often neglect this aspect and bear the brunt. If you are a business owner who is clueless …
