When you thought of your business idea, you had “that feeling” that it would be a success. America has had a great track record of fast-growing start-ups that turned into large businesses such as Facebook, Shea Moisture, Harpo Productions, Shipt, Netflix, Impossible Foods and Amazon....
Who is in your tax household? Today, the makeup of households or people sharing a living space are more diverse them ever. A common feature of these units is that living expenses are incurred. The history of taxation is long and complex. A few things to note is...
One common statement during the last quarter of the year is “whew, this year went fast.” Indeed, time presses forward unapologetically. Notice the below happenings that many people anticipate and enjoy during autumn: Birmingham, AL. As you travel within The Magic City you will see that...
Of the many life events you face, getting an increase in pay may be one of them. Then, the planning begins for the next big purchase, increasing savings or investing. Keep in mind that significant jumps in income can change your tax bracket. With this...
The gig economy is here to stay. One report suggests that it will change traditional employer/employee roles. Employers use technology, work-from-home, and other cultural shifts to maintain their staff. Right-sizing the workforce is part of expense management. However, workers are taking a stand and creating opportunities...
The scope of the tax code is noteworthy. Despite this fact, filing an accurate, complete income tax return saves you time and money. In a desire to reach the above goal, note the following three tidbits of tax law you must know: Your filing status...
Do you feel like “the hardest thing to understand in the world is the income tax (Albert Einstein)?” Yes, federal and state income tax laws are complex. Taxation in the United States of America (and internationally) is ever-changing. As you pursue meeting your tax obligations,...
The upcoming tax season is rapidly approaching. Despite the shifts in Washington D.C. (and possible updates to the Internal Revenue Code), managing your tax records throughout the year is a best practice. Consider the below action items as you deal effectively with your tax records: ...