Taxes may feel like a heavy burden, but they're an integral part of any functioning economy. Each year, you're likely to fork out some cash to Uncle Sam. But there's good news. A plethora of tax deductions can significantly lessen your tax bill.
In this article, you'll learn the key...
On May 11, 2018, the Financial Crimes Enforcement Network implemented a rule with the intention of fighting against illegal financial activities committed by many businesses. Some of these crimes include fraud, tax evasion and money laundering. This new rule is known as the beneficial ownership rule, and...
Several members of the billionaire Sackler family have recently come under fire in the United States. The family has already been under fire due to its ownership of Purdue Pharma, the company that created and marketed the infamous opioid drug, Oxycontin. Now they find themselves the target...
While advances in technology have reduced the likelihood of making errors when filing your cryptocurrency taxes, there’s still the possibility that you’ll make a mistake. But this is expected as the filing of cryptocurrency taxes is often a hectic and cumbersome process. This happens because the filing of cryptocurrency...
Payroll accounting is a task that most entrepreneurs wish to shy away from. Most business owners, prefer to outsource their payroll obligations to an expert. This is the ideal scenario, however, you should understand the basics of payroll accounting yourself or hire an outsourced accountant to assist.
Once you learn...
