pay tax

If you work in a service where you get tips, guess what? The IRS expects you to report them and pay taxes on them.

Your Tip Earnings and Taxes

The internal revenue service takes a very simple approach to tips. It views all… Read the rest –>

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One often-overlooked tax benefit for business owners is putting their kids to work in their business.

If you are self-employed you can take advantage of this by paying your kids $4,000 each for performing services in your business. The business gets a tax… Read the rest –>

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The Estate Tax is the tax that the government puts on the assets that are transferred to your beneficiaries when you die. Taxable assets can include real estate, stocks, money in a bank account, and other valuable belongings. It does not look like the… Read the rest –>

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If you are considering hiring a nanny to care for your children then there are a few important considerations about nanny tax which you need to take into account. Read on to find out more.

When it comes to hiring a nanny one of… Read the rest –>

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How many times have you heard someone say, “I don’t pay any taxes. My accountant takes real good care of me . . . I haven’t paid a dime in taxes in years.”

Does that outrageous statement sound familiar?

Maybe it’s your brother-in-law, or… Read the rest –>

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