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June 28, 2023
What is the IRS Fresh Start Program? Regarding taxes, it’s common for people to catch up on their payments. The reasons for this can vary, but […]
June 27, 2023
As the world becomes more digitized and technology advances at an unprecedented rate, the financial industry is pressured to keep up. Traditional banks, long known for […]
June 26, 2023
What is FUTA? FUTA is a federal law that requires employers to pay unemployment taxes to support the federal-state unemployment insurance program. The program provides temporary […]
June 23, 2023
What is the qualified business income deduction? The qualified business income (QBI) deduction is a tax deduction for individuals who own and operate certain types of […]
June 22, 2023
What is deferred revenue? Deferred revenue, also known as unearned revenue or advance payments, refers to the money that a company has received from its customers […]
June 21, 2023
What is SG&A? SG&A stands for Selling, General, and administrative expenses. It is an accounting term that describes the costs associated with running a business that […]
June 20, 2023
What is IRS Form 1065? Form 1065 is a tax form used by partnerships in the United States to report their business income, deductions, gains, and […]
June 16, 2023
What is LLC? LLC stands for Limited Liability Company. It is a type of legal entity that is separate from its owners, also known as members. […]
June 15, 2023
Are you feeling anxious about not filing your taxes on time this year? You are not alone. Despite this being an annual occurrence, many people must […]