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Taxation

June 23, 2023
what is QBI deduction

What Is The QBI Tax Deduction, And Who Can Claim It?

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 20, 2023
IRS Form 1065

IRS Form 1065 Overview & Step-by-Step Guide

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 15, 2023
Tax Extension 2023- Step by Step Guide

Tax Extension 2023 – Step By Step Guide

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 […]
June 9, 2023
Schedule C tax form- Who can file and how to file for taxes

Schedule C Tax Form – Who Can File And How To File For Taxes

Starting a small business can be an exhilarating endeavor with opportunities and challenges. As you navigate the world of entrepreneurship, one crucial aspect you’ll encounter is […]
April 28, 2023
tax backup withholding

What Is Backup Withholding Tax And Who Has To Pay It?

What is backup withholding tax?   Backup withholding is tax withholding that requires a payer to withhold a certain percentage of payment to a recipient and remit […]
April 5, 2023
employer tax liability

What Is Employer Tax Liability? Its Definition With Examples And Calculations

Employer tax liability refers to the legal responsibility of an employer to pay various taxes on behalf of their employees to the government. These taxes are […]
April 3, 2023
taxation without representation

Everything You Need To Know About Taxation Without Representation

Taxation without representation is when a government imposes taxes on its citizens without their consent or input. The term is often used to describe the situation […]
April 1, 2023
Tax Season 2023

Tax Season 2023: All The Tax Deadlines You Need To Know

Tax season is a time of year that many people dread, but it’s also a necessary part of life. Whether you’re a freelancer, a small business […]
March 21, 2023
What Is IRS Form 941 Filling Tips For Small Businesses

A Complete Guide To IRS 941 Form Submission

What is the IRS 941 Form? 941 form is a quarterly tax form used by employers in the USA to report withholding taxes from employees’ wages, […]