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Taxes
Do I Have to Worry About Taxes if I Loan a Family Member $45,000?
It’s common for family members to lend money amongst themselves, and many choose to charge…
What Documents Do I Need to File My LLC Taxes?
If you are the owner of an LLC and want to file the correct tax…
Self-Employed vs. Business Owner: Tax Differences
While the terms “self-employed” and “business owner” are often used interchangeably, the IRS views them…
5 Ways Billionaires Avoid Taxes: Strategies and Examples
Billionaires often avoid taxes using legal frameworks, advanced planning, and strategic investments. While their strategies…
ISOs vs. NSOs: How Are They Taxed Differently?
When comparing ISOs vs. NSOs, the biggest differences come down to how each is taxed…
How to Minimize or Avoid Taxes on Your Venmo Transactions
Whether you are splitting a bill or selling handmade goods, the IRS may expect you…
The IRS Isn’t Answering. Now What?
What should you do if you need help with your taxes?After a busy filing season,…
What Is Withholding Tax and How Is It Calculated?
You’ve likely noticed the IRS withholds a portion of your paycheck before it ever reaches…
Inc. vs. LLC: Key Differences, Pros and Cons for Taxes
Choosing between a corporation (Inc.) and a limited liability company (LLC) affects how your business…
IRA Early Withdrawal Rules and Penalties
When you deposit cash into your retirement account, it enters a new realm of rules…
IRS Braces For More Workforce Cuts Once Tax Season Ends
With the 2025 regular tax season deadline just days away, the IRS is already bracing…
How Long You Have to Keep Tax Documents
Once tax season is over, it’s tempting to contemplate pushing every document into a shredder…
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