Business Tax
LLC Taxes: How Are LLCs Taxed?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_LLC_Taxation_Basics.mp4"][/video] Are you considering going the LLC route? Whether it’s because of your business growing in complexity, or you just want to…
The FICA EE Tax: What It Is And How It Affects You
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/FICA-ee.mp4"][/video] Whether you’re an employee or an employer, you’re probably used to seeing an endless list of acronyms next to the many…
1099 Deductions: The Ultimate Guide for Independent Contractors and Freelancers
What Are 1099 Deductions? Being your own boss comes with many perks, sure, but it can also make you feel like a lone ship adrift…
What Taxes Are Progressive? A Guide on the Progressive Tax System
What taxes are progressive? Well, all of them! At least at the federal level for income tax. The US federal government utilizes a progressive tax…
How to Know If You Owe Taxes: The Complete Guide
How will you know if you owe taxes? Well, the IRS makes it no secret, truth be told. In fact, they’re supposed to inform you…
The Consequences of Filing Taxes Late
Filing your tax return late is not going to put you on the IRS’s good side, and they could penalize you with both late-filing penalties…
What Are Dividends Now Taxed At? A Comprehensive Guide for 2025
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Understanding_Dividend_Taxation.mp4"][/video] As we’ve explained before, dividends are a form of income distribution given to a corporation’s shareholders, and are a popular…
Understanding Estimated Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Essential_Guide_to_Estimated_Taxes.mp4"][/video] It’s safe to say that tax season is unnecessarily stressful, but at least it only comes around once a year,…
