Business Income Tax & Accounting Articles
Claiming a child as a dependent when parents are divorced, separated or live apart.
The rules regarding who may be eligible to claim the child for tax purposes need to be understood by parents who are divorced, separated, never married, or live apart. This [...]
7 Tax Filing Mistakes That Could Cost You
Tax laws are complicated and have a tendency to change often. But surprisingly, most errors made on tax returns are simple. Filing your taxes electronically can avoid many of the [...]
Do You Owe the IRS Because of the Child Tax Credit?
Many eligible families received monthly stipends in 2021 from the Child Tax Credit. Normally, the Child Tax Credit (CTC) wouldn’t even come up until it was time to file your [...]
How Will the Child Tax Credit Affect My 2021 Tax Return?
As 2021 comes to a close, many may be wondering how the Child Tax Credit will affect 2021 tax returns. It’s almost time to gather receipts together and get in [...]
Profit Margin Analysis: Know How Much Money Your Business Is Making
As a business owner, it’s important to know how much money your business is making. Having a profitable business is beneficial to your operations and is crucial when looking for [...]
North Carolina Employment Laws: Make Sure Your Business Is Operating Legally
Whether you own a startup or have been in business for many years, it’s important to be familiar with federal and North Carolina employment laws. Workers have rights, and any [...]
Starting a Business? Don’t Forget to File these Licenses and Permits
When starting a new business, the last thing you want is to be handed a huge fine -- or even shut down -- over a missing license or permit. Between [...]
Everything You Need to Know About Identifying Your Startup Capital Needs
Ever heard the phrase “You need to spend money to make money?” Well, almost every business has more expenses than profit in their startup phase. This means that new businesses [...]
Is Your Business Ready For These Major Tax Changes In 2021?
Much has changed since the coronavirus pandemic hit. The world of work will never be the same again. And neither will the world of taxes. For the first time ever, [...]