IRS 1040 – Filing Status
Filing Status The first thing you need to determine in preparing your 1040 is what your filling status is. What your marital status is [...]
Basic Bookkeeping
The absolute first step to business success, bookkeeping is the the method of capturing and recording the economic activity of your business. Without it, you [...]
Personal Taxes – 1040 Filing Basics
2019 Federal Income Taxes Federal income taxes are assessed by the IRS on your worldwide income. The amount of tax you’ll need to pay is [...]
Personal Taxes – Income Tax Brackets
Your filing status is what determines what table is used to determine your tax rate. Federal Income Tax 2019 Tax Brackets: Single Filers The [...]
Business Returns
Business Pass-Through Entity Tax The term "Pass-Through" is confusing. What it means is that most small businesses entities don't pay income taxes. Any profit or [...]