If you work and have low to moderate income, be sure to look into the earned income tax credit - also known as EITC. It can put money in your pocket. The first thing to do is check out IRS.gov/eitc. There, you'll discover the credit can be worth thousands of dollars for some people. The amount [...]
Tracking your sales and key performance indicators (KPIs) is crucial if you want to save time and grow your business. You need to know how to track your progress toward achieving your business objectives. Looking at things like revenue and profit on a balance sheet can only take you so far; you should continually seek more [...]
Income taxes are a pay-as-you-go system. That means you pay your taxes as you earn income during the year. Either your employer withholds taxes from your pay, or you pay quarterly estimated taxes on your own. If you have income that's not subject to withholding, you may need to make quarterly payments. This includes income such [...]
Here are some ways your tribe can avoid IRS penalties related to employment taxes. This is especially important when you hire new employees and file tax returns. There are four main things to consider: identification numbers, timeliness, accuracy, and resources for help. First, be sure to get valid Taxpayer ID numbers from all employees and vendors [...]
Did you know that there's a helpful tax relief program for low and moderate income working families? It's called the earned income tax credit (EITC) and it can help put some extra money in your family's pocket. Depending on your family's income, you could be eligible for a refund even if you don't currently owe income [...]
