9 Strategies for Minimizing Taxes

Taxes can be tricky for high-income earners who often don’t qualify for different deductions, various credits, and tax-advantaged accounts. Even though some deductions are not available, high-income earners can still use the following strategies to minimize their tax...

What to Know about Taxes and Starting a Business

First of all, an owner must decide what type of an entity it should be. The type of business determines which tax forms a business will have to file. The most common forms of businesses are sole proprietorships, partnerships, C and S corporations, and limited...

2017 State Business Tax Climate Index

If you ever wondered what would be a good choice of a state to organize your business in, this website gives you some visual information by state. You can check rankings of states by corporate tax, individual tax, sales tax, property tax, and unemployment insurance...

Tax-Saving Strategies to Reduce Your Tax Liability

With less than three months remaining in the calendar year, now is a good time to double check your taxable income and see if you can minimize your tax bill before it’s too late. Boost your retirement savings – Many employers let you defer a portion of your...

Why You Should Review Your Withholding Allowances

How do you know if you are withholding too much? If you are consistently getting large refunds, you are probably withholding too much. If your situation has changed, like you’ve gotten a new job, you may need to adjust your withholdings. What are the situations that...