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Legal January 23, 2024

Understanding How Tax Resolution Works

There are grave consequences to falling behind your taxes. If you don’t file your taxes on time, you could face heavy penalties, liens, or worse, get sentenced to jail. Fortunately, you can work with the IRS to solve these issues through tax resolution.  Tax resolution is a service offered to taxpayers facing issues like back […]

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Business formation January 17, 2024

A Complete Guide to Naming Your New Business

Naming one is not as simple as it may seem. Doing so entails careful consideration and adherence to legal and branding principles.  Why Is a Business Name Important? First Impression Your business name is often the first point of contact between your company and potential customers. It’s the first thing people encounter, whether they see […]

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Business formation January 15, 2024

Simple Steps on How to Get an LLC for Your Business

Thinking of establishing your own LLC but don’t know where to do it? Nevada is one of the best states to do so because it doesn’t require these companies to pay income or corporate taxes. That means turning a bigger profit for your bank without being personally responsible for its liabilities. Today, we’ll go through […]

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Credit Tips January 9, 2024

Understanding the Kiddie Tax: How Children’s Investment Income is Taxed

 While most taxpayers are familiar with the basic principles of income taxation, the rules surrounding children’s unearned income can be confusing and often overlooked.  What is the Kiddie Tax? The Kiddie Tax is a specialized tax provision that addresses a specific tax avoidance strategy commonly used by families.  This tax provision aims to prevent parents […]

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Finance January 4, 2024

Everything You Need to Know About the Corporate Transparency Act

The CTA is a new Act passed to combat financial crimes like money laundering, tax fraud, and other similar illicit activities. It’s designed to reinforce transparency and accountability in the corporate world.  But what does this mean for small businesses? If you’re wondering how this recent development will affect your operations, we’re here to help. […]

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