3 Reasons Why LLCs are Usually Better than Sole Proprietorships
Suppose you are a one-person operation or only work with a handful of employees and subcontractors. In that case, you may be asking yourself why you should switch from a sole proprietorship to an LLC. While running More...
3 Ways To Make A Living From Home
If you are sick and tired of the daily commute and boring grind, it is possible to work successfully from home. Image/bykst via pixabay For anyone sick of the daily commute and tiring grind, there are several ways More...
The Sharing Economy and Taxes
Loving the convenience of the shared economy, and the opportunities it is creating for income? The experts from Optima Tax Relief review how the sharing economy can impact your taxes The sharing economy is one More...
Clive Palmer and the ATO: One Justice for High-Net-Worth Individuals, Another for the Rest
Clive Palmer’s PwC accountant says the mining magnate’s affairs were monitored by a dedicated team within the Australian Taxation Office that deals with high-net-worth individuals. To minimise tax, the billionaire More...
Elizabeth Warren rubs her hands in glee to get to John Delaney’s money during wealth tax question
Sen. Elizabeth Warren’s (D-Mass.) excited reaction to former Rep. John Delaney’s (D-Md.) presidential primary debate question on a wealth tax has turned heads of her critics. During Tuesday night’s debate, More...
Am I Ready to Buy a House? A Guide for Millennials
Whether you rent an apartment or still live with your parents, you may ask yourself, “Am I ready to buy a house?” With renting costs soaring, buying a home can be appealing and give you the privacy and More...
School Police Officer, Ronnier Williams Sentenced for Filing a False Income Tax Return
On February 6, 2019, a former Palm Beach County School Police Officer was sentenced federally for filing a false income tax return. Ariana Fajardo Orshan, U.S. Attorney for the Southern District of Florida, George More...
Tax Brackets: Rates, definitions and how to calculate
If you are an individual with a source of income in India, you must have surely heard of income tax. The income tax levied by the government of India on individuals and companies, accounts for the largest source More...
Cost of Living in San Diego
When people think of beaches and year round sunshine they may think of San Diego. By its natives and its tourists alike, the city is celebrated for its beautiful range in landscapes. From oceans to deserts, to preeminent More...
This Is What You Should Do to Make Extra Money for Retirement
Retirement coming your way fast? How’s your bank account looking? According to Bankrate.com, 6 in 10 Americans don’t have enough to cover a $500 emergency bill. And when GoBankingRates asked respondents More...
How will the 2018 minimum wage increases affect US businesses?
Many low-paid Americans will begin 2018 with a boost to their pay packets thanks to increases to the minimum wage – but will this spell bad news for businesses? From January there are 18 states and 20 cities that More...
Smart Tax Strategies That Can Help Your Business Save Big Each Year
While running a business, taxes are not something you can ignore or avoid. They are essential, and they come with a plethora of penalties, interest costs for inappropriate filings and fines. Since there are quite More...
Household Debt in the US is Growing to Alarming Levels
In a recent study conducted in the US on debt and how it is transferred through generations, it was discovered that 8 out of 10 citizens in the US are in debt. The debt could be from the student loan, mortgage More...
Ben Carson explains tax plan, media still attacks it or misrepresents it entirely
Some call it a Fair Tax, but Dr. Ben Carson evokes Biblical principles when describing his version of a flat tax rate. During the GOP debate on Tuesday in Milwaukee, Fox’s Neil Cavuto put forth the question, More...
How to Save Up a Down Payment Fast
Whether you’ve just grown weary of renting or you’re facing an unexpected addition to the family, deciding to buy real estate is a huge financial move. While there are still loans available for those More...
Income tax: The 16th Amendment was ratified 100 years ago today– What did the Founders say?
16th Amendment of the United States Constitution.Image/National Archives of the United States The Sixteenth Amendment says: “The Congress shall have power to lay and collect taxes on incomes, from whatever More...
