The old saying is true: The only two certain things in life are death and taxes. Even after you are deceased, you technically still owe the previous year’s income tax. There is also one more kind of tax that you must pay after your death: The estate tax. The estate...
Marriage and divorce are two of the bigger things that can happen in a person’s relationship life. They can also be big events when it comes to a person’s taxes. Getting married or divorced can have major impacts on the rules, challenges and opportunities that are...
There are certain areas in the U.S. that are well-known for being tech hubs, such as Silicon Valley. However, a person doesn’t have to set up camp in one of these hubs to start a new tech business. In fact, choosing to locate in a city not widely considered a major...
It appears that America is seeing a big shift in the way people work. When people think about earning a living, the main thing that may come to mind is holding a traditional job. However, there are other options out there. Among them is freelancing. A recent report...
There are many types of charitable giving a person may do over the course of the year. Among the issues that can come up in connection to such gifts are tax issues. This is because, under U.S. tax law, taxpayers can claim deductions for their donations to charity....
Generally, when an entrepreneur is starting a new business, one of their big hopes is that their business will be a big success. When this hope is realized, one thing it can be important for a business owner to give careful thought to is the future. This includes what...
The main federal income tax filing deadline here in the U.S. is in mid-April. However, spring doesn’t have a monopoly on important tax filing dates. Fall sees such a key deadline, the filing deadline for those who received an extension. Sometimes, circumstances make...
Fantasy sports have become an incredibly popular thing in recent years. In the midst of the growing popularity of fantasy, various fantasy-sports-related businesses have popped up. This includes businesses offering pay-to-play fantasy sports. Now, pay-to-play fantasy...
Preparing tax returns is not a job many look forward to. Tax laws change frequently – often annually – and you may not have the time or the desire to learn how those laws affect your particular circumstances. For this reason, you may be like many others in Ohio who...
Budgeting can play an important role for small businesses. This includes tax budgeting. As a recent NBC News article noted, budgeting out money to make sure a business has enough to cover its tax liability is among the things that could help a business owner with...