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.

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...

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...

You contribute to your retirement accounts to withdraw funds in retirement, right? But there are many rules you must understand before you t

Tax time isn’t something most taxpayers look forward to, but when you can take tax deductions, it can be much easier to handle. For...

You have to pay taxes – it’s the law, but that doesn’t mean there aren’t ways to minimize your liability and maximize your refund....

Retirement planning should start as early as possible in your career. The more you save in your younger years, the more time your money...