by SEO | Sep 28, 2022 | Uncategorized
What is the Student Loan Cancellation? Last month, President Biden laid out a plan to cancel up to $20,000 in federal student loan debt per borrower. Beneath this seemingly simple plan comes quite a few questions about how, exactly, it will work. Naturally, borrowers...
by SEO | Sep 26, 2022 | Uncategorized
IRS declared independent contractors as employees: Can Section 530 help? Are you going through an IRS audit? Though we know that is bad but what happens if the IRS declares that many of your 1099 independent contractors are W-2 employees, now what? Safe-harbor...
by SEO | Aug 30, 2022 | Uncategorized
What is the Inflation Reduction Act of 2022 The goal of the Inflation Reduction Act (IRA) of 2022 is to “make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by...
by SEO | Aug 25, 2022 | Uncategorized
The Smart Way to Cut Self Employment Tax: S-Corporation Have you had enough of paying large amounts of self-employment tax? For 2022, lawmakers levy the self-employment tax at the painfully high rate of 15.3 percent on the first $147,000 of net self-employment...
by SEO | Aug 25, 2022 | Uncategorized
Tax Strategies to Reduce Your Taxes as a Schedule C Taxpayer: Maximize Deductions and Save Big Tax strategies to lower your schedule c taxes – As a small business owner, you know that tax season can be stressful. But with some planning, you can reduce...
