The Financial Crimes Enforcement Network (FinCEN) plays a pivotal role in the US financial system with a focus on preventing money...

Unlike traditional employees whose taxes are automatically deducted from their paychecks, business owners and freelancers often need to...

Teaching is a profession that may demand more than just time and effort, but also personal investment. Teachers often spend their own mon...

Offering potential for growth and sustainability, small business loans can be a valuable lifeline for entrepreneurs. These loans can...

Selling a rental home involves different tax rules from selling a primary residence and can have substantial tax implications. Here’s a...

As the landscape of work evolves, an increasing number of entrepreneurs and employees are embracing the flexibility of remote work...

Being self-employed brings many freedoms, but also unique tax responsibilities. Unlike traditional employment, self-employed taxpayers...

W-2 employment represents the traditional employment model in today’s diverse labor market, defining the conventional employer-employee...

If you itemize deductions on your tax return, you may be able to include any charitable contributions made during that filing year.

Whether you’re starting a new business or trying to get your personal finances in order, you may be wondering what the benefits of retain...

If you want to evaluate your business, there are three core financial statements you can use. A Profit and Loss Statement will outline...

Tax identity theft is easier now more than ever with the ability to electronically file tax returns. However, there are steps you can take..

If you are an individual, whether you are married or single, you will need to file an annual 1040 tax return by April 15th. Taxpayers...

If you have foreign bank accounts in other countries as a US citizen, you may be wondering what this means when it comes to filing your t...

Filing an extension for your tax return is simple, and almost everyone is eligible. But is it worth it? We cover the pros and cons of a...

The SECURE Act made many changes to retirement accounts, including IRAs and 401Ks. One major area of change is with Roth accounts...

Have you ever wondered what your tax return goes through after you file your taxes? Maybe you picture this efficient system where...

Health Savings Accounts help taxpayers minimize their taxes and save for medical expenses. It’s an interest-bearing account that allows...

It’s that time of year when everyone is giving gifts, and sometimes that means cash. However, gifts can also be cars, jewelry or investments

We’re almost in the season of giving, so we wanted to focus on charitable distributions. Keep reading for what you must know. If you have...