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In the United States your business, if incorporated, must file and pay federal income taxes, state income taxes in most states, and local income taxes in some areas.
If your business is incorporated, you may elect to become an "S" corporation (formerly known as Sub-Chapter...
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Property taxes
Of course, you will have to pay real estate taxes on any real estate that you or your business owns. Also, many commercial and industrial leases are written so that the lessee, not the lessor, is responsible for taxes. Sometimes the lessor will pay what is...
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When tax time comes around, do you dig frantically through piles of papers looking for the documentation you need to prepare your tax returns? Are you unsure about which records you should keep and which ones you can safely throw away?
Why not make your life easier and...
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More than 1.7 million US taxpayers have over 2 billion dollars in unclaimed income tax refunds for 2001. If you think you couldn't possibly be one of them, think again.
Every year, millions of US taxpayers walk away from their income tax refunds, often because they didn't...
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If someone offered to take part of your paycheck each pay period and hold it for you until the end of the year, then charge you a fee of up to 2000% (yes, two thousand percent) to get it back, you'd probably laugh them out of town. Yet if you've ever taken a pay day loan or...
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Claim too many withholding exemptions on the Form W-4 you file with your employer and you'll end up paying Uncle Sam when you file your taxes. I don't know about you, but I hate it when that happens!
Claim too few withholding exemptions and you'll end up lending Uncle Sam...
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