Job and Business
Small business owners favor tax reform to reduce complexity
Complexity and inconsistency within the tax code continue to be major issues for small business owners. According to a survey conducted by the National Small…
How to estimate where you stand on income tax withholding
You do not want to use the IRS like a bank account. Believe me, the money withheld from your paycheck would be better spent elsewhere…
Why is my SECA Tax more than my friend’s FICA Tax?
What is SECA, why I pay more for Social Security, and how is that even fair You may have noticed the remarkably high self-employment…
How does the Federal Insurance Contributions Act (FICA) affect my taxes?
Calculate your FICA bill and understand what you are paying for You may have noticed a bigger bite out of your paycheck since January, 2013.…
Who does the IRS trust, and are you on the list?
Using IRS data on tax filings and audits in 2012, I look at what types of businesses, tax forms, and income levels are at the…
Small business structures for couples
What are the differences, and which is better for your small business? Elsa and Bill are recently married and considering whether to ‘marry’ their…
Estimated tax payments ? tips for managing your small business
Optimizing your estimated tax payments can give your business a competitive edgeMichael Dell did not discover electricity, nor the transistor, but he revolutionized PC sales…
Tax preparation for businesses
If you are a self-employed individual or the owner of a small business with no employees, you can file your business taxes along with your…
