How to Calculate Pretax Income US companies are required to pay taxes on their profits to the Internal Revenue Service (IRS) each year and follow… Learn More
Corporation Tax Calculation - Essential Tips for C Corps A C corporation is a type of business entity according to the law of the U.S. As it denotes corporation classification,… Learn More
What Does an IRS Audit Letter Look Like? The Internal Revenue Service or IRS audits approximately one million people each year in the United States. Learn More
Why Is My Federal Withholding So Low When I Claim 0? When you start working for an employer, they need to calculate the appropriate federal income tax withholding from your… Learn More
Why are my Taxes so High on My Paycheck? It’s tax season again, and you’re resisting the urge to call your accountant and vent. Learn More
Accounting for NFTs: The Ultimate Guide Ever since the Cryptocurrency boom and bitcoin's emergence, people have been trying to find similar avenues for… Learn More
40 Basic Accounting Terms Every Business Owner Should Know As a business owner, you probably have a trusted accountant who does the heavy financial lifting for you. Learn More
Can You File Taxes Without a W2? Exploring Your Options The U.S. tax system can get complicated even when everything functions as it should — and even more when it doesn't. Learn More