Nearly half of all Americans—47.5 percent—are employed by small businesses. This means that approximately 60 million employees in the United States work at a small business. According to the Small Business Administration’s Office, small businesses make up 99.9 percent of all U.S. businesses, hence the terminology “small business is the…
On May 28, President Biden’s Major Tax Plan Proposal and Fiscal Year 2022 Budget was released to Congress where he proffered his vision for the “American Jobs Plan” and “American Families Plan” in much greater detail than his previous announcements. In conjunction with this Budget, the Treasury Department released the…
There are many popular myths and misconceptions around capital gains taxes. Most of these are centered on when the taxes in question apply and how they affect a given investment or asset, and as a result, a misunderstanding of capital gains taxes can be quite costly indeed. While capital gains…
For good or ill, dentistry is a business, and your financial health matters nearly as much as the oral health of your patients. With a new year dawning, both businesses and individuals are starting to process their 2020 taxes. While taxes and tax preparation may seem like a chore, they’re…
With everything going on in the world, it’s easy to forget some of the mundane yet vital tasks most individuals and businesses face. 2020 Taxes are among these; a routine part of life that may get lost in the shuffle. However, even with more dramatic news breaking daily, it’s important…
Money management is a critical component of both business and personal success—frankly, it’s one of the keys to a happy life. One of the strongest options available for proper personal wealth management is a financial or tax adviser. Finding the right financial adviser can both simplify your own workload in…
The Tax Cuts and Jobs Act, characterized as the first major reform of the Internal Revenue Code in 31 years, brings a lot of changes to individuals and businesses alike. The legislation slashes the top corporate tax rate to 21 percent, lowers the top marginal rate for individual taxpayers to…
The Tax Cuts and Jobs Act, a measure that has been characterized as the first major reform of the Internal Revenue Code in 31 years, received final approval from the House and the Senate on December 20, and was signed into law by President Trump two days later on December…
This Halloween, when you open the door, you may find Thor, Captain America, Green Lantern, or the X-Men standing outside looking for tasty treats. Or, you may find characters you don’t recognize at all! Keeping up with pop culture is no easy task. This year, watch for: Anime characters: If…
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