Some business structures don’t require state registration to operate. If you’re a sole proprietor, then zero incorporation paperwork is...

If you operate a small business, then every dollar you earn has importance. Sending your cash to the IRS without having a strategy to ...

Should keep your individual federal tax returns for at least three years. As a general rule, that's how long IRS has to question items on...

I opened a corporation in December of last year. I did not have any operations or activities. Do I need to file taxes for my business?...

Tax pros support a bill to change the due dates for estimated tax payments CONGRESS by individuals. Currently, estimated payments are due...

We are approaching the end of the year, and that means the IRS has been busy processing and reviewing hundreds of millions of returns!...

Let's take a look at the 2021 filing season. Millions of individuals still await refunds from timely filed 2020 tax returns. As of Sept....

If you want to start a business that protects your personal assets, then there are two choices available in the United States. The...

Unexpected things can happen when you are away from home. If you find yourself dealing with an automobile accident, theft, or some other...

If you drive on Illinois roadways, then you are subject to the mandatory insurance law in the state. It is one of several measures that...

Auto insurance is necessary because it is a legal requirement. If you carry the correct level of coverage, then you receive financial ...

Unfortunately, you may have been forced 10 lay off or furlough workers during the pandemic, but now you're short-staffed. Strategy: Hire...

Unfortunately, you may have been forced 10 lay off or furlough workers during the pandemic, but now you're short-staffed. Strategy: Hire...

YES. You can open a business and get a TAX ID number. We can help you with the process, Call us at (800) 913-0809 or send an SMS at (224)...

Do I Need Workers’ Compensation Insurance? Workers’ compensation insurance protects a business from lawsuits that could occur because...

The United States recognized multiple methods of employment, but the average person will only encounter two standard structures. You can...

If you sell items on Amazon, then there are several tax issues of which you need to be aware of. Your status as a business, even if you ...

Even though you pay your taxes on time each year and keep excellent books, the IRS might decide to audit your return. The number of...

This article is about common regulations and your options. The impact of COVID-19 is not included. Many taxpayers look forward to...

With a properly constructed Section 1031 transaction, you sell your old property, buy the replacement property, and pay no taxes. The IRS...