If an employer fails to pay withholding taxes to the federal government, the IRS has the power to assess a 100% personal penalty against corporate officers, partners, or any company employee whose responsibility is to collect, report, or pay the withholding tax.
Review your personal carryovers from one year to the next.
One of the biggest mistakes you can make is to cut back on your marketing effort when the economy show signs of weakening.
Living trust may be an estate tax trap.
There’s no real secret to managing your money wisely.
It’s possible to realize substantial tax savings by shifting income from family members in high tax brackets to family members in low or zero tax brackets. These are the best strategies.
Deduct personal property donated to charity.
Delegating responsibility is one of the keys to good management. Here are some principles to follow for effective delegation.
Premiums paid on the purchase of taxable bonds may be written off over the term of the bond.