by Candy | Jan 22, 2024 | Sales Tax, Taxes
Inflation-adjusted amounts within the Tax Code are projected to experience a 5.4% increase in 2024, according to a recent report by Bloomberg Tax. This represents a slight reduction compared to the 7.1% surge witnessed this year, nearly double the 3% increase seen in...
by Candy | Jan 8, 2024 | News Letter, Taxes
Having a hobby is generally a good thing, but some hobbies can become overwhelming and harmful. Protesting your taxes is an example of such a consuming hobby. In a recent case, Lawrence James Saccato had not filed tax returns for 14 years, claiming he was exempt from...
by Candy | Jan 1, 2024 | Community, Shared, Taxes
The loss of a loved one is a challenging experience, imposing physical, emotional, mental, and financial burdens. Unexpectedly high funeral expenses often prompt many to investigate the possibility of tax deductions to ease the financial strain. The National Funeral...
by Candy | Nov 23, 2023 | IRS, Taxes
Tax scams are not only on the rise but have become a thriving business for fraudsters, with millions, if not billions of dollars at stake. In this article, we aim to enlighten you about the current tax scams and offer guidance on protecting yourself from becoming a...
by Candy | Nov 10, 2023 | Business, Taxes
Crowdfunding has transformed fundraising for businesses and entrepreneurs by enabling them to gather startup capital and project funds from the public. This new financial approach has provided flexibility and accessibility, making it simpler for entrepreneurs to...
by candy | Oct 10, 2023 | Business, Featured, Taxes
Small business owners often turn to U.S. Small Business Administration (SBA) loans to secure funds, with loan amounts spanning from $500 to $5.5 million. The appeal lies in the range of loan options and the relatively high approval rates. In 2021, SBA loans saw an...