Have you ever seen the title EA next to a tax professional’s name and wonder what it means? Or maybe you’re familiar with the title and you’re curious about the differences between an EA and CPA? Either way, in this blog I will be answering these frequently asked...
Yes, I know, tax terminology feels like a whole new language. For most people all of tax forms can be even more confusing than a foreign language. What’s the difference between itemized deduction and standard deduction? What’s Income tax? These words and more tax...
The United States federal government levies taxes on the income of its citizens and legal residents. The Internal Revenue Service (IRS) is the agency responsible for collecting these taxes. Federal income tax rates have changed several times since 1913, when the...
Taxes is a topic that affects us young and old – whether we are worrying about how much taxes to pay if you win the lottery or buying your first item as a kid for $10.00 and realizing sales tax is a thing and it truly costs more than $10.00. While taxes do serve a...
Are you tired of paying massive amounts of money to the government? Strategy is essential when it comes to anything in life, but especially when it comes to saving money. Many different techniques can be used when it comes to slashing taxes as an S-Corp owner; each...
Independent contractors are a vital part of the American workforce. They work for themselves, usually providing services to other businesses. While this setup offers many advantages to both the contractor and the hiring business, it can also create tax problems. You...
🎄Holiday Cheer Alert! Molen & Associates Out of Office🎄
Hello and Happy Holidays!
Our Molen & Associates team is officially dashing through the holidays starting on December 20, 2024 and will return to office on January 2, 2025. We’ll be sipping cocoa, decking the halls, and recharging our calculators so we can start the new year fresh and ready to tackle all things tax & accounting!
In the meantime, feel free to drop us an email at info@molentax.com, and we’ll get back to you as soon as we are able.
Wishing you a joyous season filled with peace, laughter, and plenty of holiday treats. See you in the new year!