What is Backup Withholding (BWH)?It is expected of every taxpayer with certain kinds of income payments to report these payments on an information return (federal income tax return). The income paymen...
The backdoor Roth IRA is an indirect loophole that allows high-income earners to contribute to the Roth IRA. Although, the government-sanctioned contribution to the Roth IRA through a backdoor, if you...
How Does ADP Payroll Work? As a business owner or an HR professional, you may be looking for an automated solution to your employees' salary requirements. ADP Payroll is one of the most popular option...
Debt / EBITDA is one of the key financial ratios used in assessing the creditworthiness of a corporation both by rating agencies and in debt-financed takeovers. It is also used to determine ...
Although the Internal Revenue Service might be known for its stern, it does not mean they don't always do their best to make the process of filing tax a very easy one. IRS has consistently come up wit...
A self-directed Individual retirement account or SDIRA is a form of individual retirement account (IRA) that allows the owner to hold various alternative investments that are normally not allowed in r...
A new set of stimulus checks for up to $1,400 per person has been sent, the government announced on Wednesday.More than 2.3 million payments, representing over $4.2 billion, are on their way to select...
This is one of the numerous criteria established by the Internal Revenue Code to count the number of days a person has been present on the shore of the US and use this to determine tax eligibility. Th...
Self-employment can be defined as a business set up and run by you. It means that you are operating a personal business where you are answerable to no one but yourself. You are independent and do not ...
How to be a real estate investor: Anyone that has thought of real estate as a means of making money will at one point or the other ask this question: how can I become a real estate investor with littl...