Starting with your first tax filing experience is a signal of your financial maturity. Filing taxes is when you realize that the process is workable even with basic concepts and in whatever situation you are even starting a first job, starting a business venture, or among other filings. When you break down this process into […]
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The excitement of starting a business has wild ride quality and a maze of paperwork and regulations that make up taxes. If you just formed a Limited Liability Company (LLC) with the intent to file your taxes for the first time, it’s natural to wonder what will be ahead. The good news? It is very
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Backup withholding is a kind of tax withholding relating to particular types of payments, such as interest, dividends, and income paid to independent contractors. The IRS implements this tax in cases where a payee fails to supply a correct TIN or in situations where there are some violations with the TINI. When a taxpayer is put
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