16
Mar
What is the difference between gross pay and net pay?
When it comes to paychecks and paystubs, two of the most important terms to know are gross pay and...
Blog
16
Mar
If your LLC is looking to change your default tax classification, then the IRS requires you to fill out a Form 8832. Here’s everything you need to know about Form 8832 instructions...
16
Mar
What is the difference between a W2 and a W4?
IRS Forms W4 and W2 both have to do with employers paying their employees, but they’re very different in...
16
Mar
If you don’t work a typical nine to five, tax season can get complicated. Whether your self employed or just running an Etsy shop on the side, it’s difficult to know what...
16
Mar
Gross income is a fundamental concept in the US tax system. It’s simple to understand at a high level, but has some finer points that can confuse the unwary tax filer. Read...
16
Mar
Figuring out your adjusted gross income (AGI) is a key step in calculating your tax liability for a given tax year. There are several common misconceptions when a non-tax-professional is learning how...
16
Mar
Saving money in a business is often a chief concern of small business owners. Maybe cash is tight and you’re looking to extend your runway. Maybe things are fine and you’re just...
16
Mar
What Is Proof of Income?
Proof of income is documentation verifying the amount of income you receive regularly or have received recently. It’s used by lenders and landlords to...
16
Mar
There are a select few people (mostly those who are expecting a tax refund) that submit their tax returns as early as possible. While the rest of us wait for the last...
16
Mar
And Why You Won’t Use a 1099-MISC in 2020
As a small business owner, it’s not uncommon to hire out work to a third party. When these third parties...