Employers issue W-2s and 1099s to employees and non-employees who work for their business annually. Form 1099 is typically issued to independent contractors to enable them to report their incomes to the IRS and pay their taxes accordingly. However, Form W-2 is...
Filing and completing tax obligations on your own can be challenging and nerve-wracking. However, hiring a well-experienced accounting firm to file your tax returns can help you get accustomed to the process. The primary role of a professional accounting firm is to...
A corporate tax return is a detailed report of a company’s profits and expenses, determining the aggregate amount of tax a company owes to the US government. As per the US IRS, all business organizations must file tax returns annually regardless of whether or not the...
Filing for your individual income tax return for the first time can be overwhelming. The best way to tackle the tax season is by taking one step at a time while avoiding the chances of rookie mistakes. This way, you can consciously take advantage of the money-saving...
Entrepreneurs of small businesses or start-ups often find it challenging to hire an accountant. Finding the right person with well-defined skills to entrust them with your company’s financial statements, bank account operations, financial data, and invoices is a...
Filing your taxes can be a never-ending hassle. From the filing procedure to all the minor details, it’s a tiring process to go through. Taxes are essential to a nation’s well-being and development. So, no matter how much you hate it, taxes are here to stay....
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