Itemized deductions and the standard deduction reduce the amount of income on which you must pay taxes. Which is worth more, though? Taking itemized deductions can be quite a bit of work when filing your tax return, especially when doing this on your own, for the first time. Unfortunately, you can only take one; you […]
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If you are self-employed, you will probably need to file a tax return, pay self-employment and income tax on your annual tax return, and possibly even pay quarterly estimated taxes throughout the year. Paying taxes as a self-employed individual can get complicated, especially if you plan to take many deductions on your tax return. This
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If you are wondering whether you need to make estimated tax payments, chances are you should, but this article will help you figure out if you need to – if you are unsure. We will cover who needs to pay estimated quarterly tax payments, how much you need to pay – if you need to
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It’s important to understand what capital assets are, how to calculate capital gains and losses, and what this means for your taxes. Short-term capital gains and long-term capital gains are treated differently. The government encourages taxpayers to have long-term investments so if you own your capital assets for over a year, the tax rate only
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Businesses rely on team communication and organization tools to keep their team members on the same page. However, not just any tool will work for a business. Businesses must find the right tools for their teams to be successful. Once the right tools are in place, the remote workforce can have communication using real-time messaging,
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