International tax compliance is important because investors need to understand the numerous international tax rules and requirements, when they engage in international business activities. The compliance penalties, overseas assets reporting,…
Taxes are an unavoidable burden on small business owners, but there are ways they can be reduced through strategic planning. Staying organized when it comes to receipts and expenses is…
You may be wondering if you’re eligible to receive an unemployment tax refund. If you’re single or married and filed jointly, you can deduct up to $20,400 from your earnings.…
There are many ways to get your tax returns filed for free, but it’s important to be careful of the scams. Using free tax preparation services may result in a…
An inheritance tax is a state tax that is collected from the estate of a deceased person. The benefactor pays this tax, not the estate itself. There are four states…
The excise tax is an indirect tax collected from the sale of goods. It is a percentage of the sale price, so a luxury car would require a higher tax…
The Earned Income Credit is available for people who earn less than $50,954 in 2020, or $56,844 if you file jointly. This credit is refundable and you can get more…