Each business structure has its own advantages and drawbacks. Find out whether a sole proprietorship or an LLC is better ...

Calculating the home office deduction using the standard method involves completing IRS Form 8829 to calculate the amount of ...

The chances are your financial and life admin is increasingly digitised but with a certain number of old documents ... re ...

Speak to our team today by calling 0800 0523 555 or using our online contact form. If you miss the deadline ... to find out ...

Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...

You may not need to pay Social Security tax on all of your earnings if you have a high salary. Workers pay into the Social Security system until their income reaches the Social Security tax limit ...

We will also look at how they may benefit from resources like self-employment ... Freelancers need to keep thorough records of their company costs in order to optimize their tax deductions. Bills, ...

and you have to file jointly to claim some tax benefits,” Lisa Greene-Lewis, a CPA and tax expert for TurboTax, says. “You need to consider your tax rate, your income and what deductions and ...

Your Social Security number is the key to the castle. It’s the unique identifier that connects your financial, government and ...

Your Social Security number is the unique identifier that connects your financial, government and personal records. Here's ...

Here are seven top tax tips that even last-minute filers can take advantage of. 1. Contribute to an IRA. Contributing to a ...