Schedule E (Rental)
Schedule E (Form 1040) is essential for individuals reporting income from rental properties. It covers income and expenses from rental real estate, royalties, partnerships, S corporations, estates, trusts, and REMICs.
Opening a US Company from India
Opening a U.S. company from India is simple and popular for accessing the U.S. market. Most choose an LLC for its flexibility and ease of setup.
Health Savings Account (HSA)
A Health Savings Account (HSA) is a special type of savings account for people with a High Deductible Health Plan (HDHP). It allows you to save money for healthcare expenses while enjoying tax benefits.
IRS Notices (Common types of IRS notices)
An IRS notice letter is an official communication the Internal Revenue Service (IRS) sends to address matters related to your tax filings or account. These letters inform taxpayers about potential issues, changes, or actions required concerning their taxes.
Tax Loopholes for Business Owners
Paying taxes can be a hassle, but what if there were ways to keep more of your money without breaking the law? Good news: there are legal ways to reduce your tax bill, and they’re called tax loopholes.
Hiring Employees vs. Contractors
Hiring employees or contractors is a big step for any business. It’s not just about the right people but also about knowing the rules, gathering the necessary documents, and keeping taxes and employment filings compliant.
2024 Best Online Tax Filing Services: Benefits and Key Trends to Know
Tax season doesn’t exactly spark joy for most people. The thought of sifting through endless paperwork, decoding tax jargon
Tax Services in USA: What’s New and What to Look For in 2024
Every year, the world of tax services in the USA changes, bringing new opportunities—and yes, a few challenges—for both individuals and businesses.
Top Reasons to Hire a Tax Consultant for Your Small Business Growth
As a small business owner, you’re juggling a lot—managing daily operations, building relationships with customers, and pushing for growth.
Why Outsourcing Bookkeeping Services in the USA Is a Smart Business Move
Running a business is no walk in the park, and it becomes even more challenging when you’re managing a small business.