As the April 15th tax season deadline quickly approaches, it’s imperative to be proactive and ensure that you have all the necessary documentation and paperwork to file your income tax return on time. But what if you’re not ready to file by the deadline? That’s where an IRS tax extension can be beneficial. When securing […]
Tax season can be stressful for business owners, and completing the necessary paperwork can be intimidating. Form 941 is the IRS’s quarterly employment tax return and is used to report wages, salaries, and taxes withheld from employees. Here, we’ll discuss all you need to know about Form 941, including the information to provide, when to […]
The Caribbean is known for its sun, sand, and sea. But it’s also a hot spot for those looking to keep their finances safe and secure. From the Bahamas to the Cayman Islands, the Caribbean is home to some of the world’s most desirable offshore tax havens. In this blog, we’ll explore the top 10 […]
Tax day may be quickly approaching, but there is no need to panic! With some preparation, you can take control of your tax situation and reduce stress come April 15th. Following these tax preparation tips can set you up for success come tax season. So take a deep breath and prepare to tackle those taxes […]
The Earned Income Tax Credit or EITC is a refundable work credit that may give money back or lower federal tax liability for those who qualify. IRS Publication 596 gives details about eligibility requirements. The main requirement is that taxpayers have earned income.The credit can help eliminate any federal tax liability or even result in […]
Everything you need to know about Sunbiz name search feature Florida is one of the biggest economic powerhouses in the USA. With so many ports, airports, major tourism destinations, and serious exports, it only makes sense that so many people set up new businesses to seize the growing profitable market share. As a result, Florida is […]
Why Sunbiz? – The State of Florida is experiencing another population boom. Almost 330,000 people have moved to the sunshine state in 2021 alone, and experts expect that number will continue all the way through 2025. Whether they are coming for the retirement benefits, confectionary sugar beaches, or incredible wildlife, there are bound to be new entrepreneurs […]
The local, state and federal governments require collecting taxes from the citizens and businesses operating within their borders yearly. In 2019, more than $3.5 trillion was collected at the Federal tax level. Imagine all that raw data that must be manipulated and moved to complete this process. To save money for the taxpayers, the government created the W-9 […]
Transferring money has been cash-only for most of recent history. Whether you were paying someone back for buying coffee or movie tickets, paying a babysitter, or some other service that relies on cash, it was physical cash that you paid.Now, digital payment services have exploded in popularity that so many people have access to smartphones […]