Are you looking forward to just drop all paperwork that you can find for 2022 to your Tax Preparer for the 2023 Tax Filing Season?

Regular C corporations can own subsidiaries, either wholly or partially.What about subchapter S corporations? Can a subchapter S corporation own a subsidiary?The answer is Yes. The subsidiary is known as a Qualified Subchapter S Corporation subsidiary, or a Qsub for short, after it obtains its own subchapter S corporation status.A Qualified Subchapter S Corporation subsidiary can be merged into its subchapter S corporation parent. The parent must own 100.00% of the qualified subchapter S corporation subsidiary.

Investors in digital assets like cryptocurrency and non-fungible tokens (NFTs) have been on a wild ride these last few years.

Here's a list of the World's richest entrepreneurs in 2022. Still not convinced if entrepreneurship is worth it? Then, this post will change your perspective. Get inspired by the success stories of these amazing entrepreneurs. They've changed the world. Now, it's your turn. An entrepreneur is a person who sets up a business or an organization by taking a financial risk.

If you want to grow your business, you probably need to hire employees to help you. If you want to grow your business, you probably need to hire employees to help you. Becoming an employer and expanding your staff entails many responsibilities, one of which is seeing to payroll taxes. Unfortunately, there are many myths about these taxes. Here is the reality: 1. Myth: Transforming employees into independent contractors to save on payroll taxes is easy

Unless you are an accountant or a fan of working with numbers, bookkeeping is probably not your favourite task. But adopting some good habits early can help you avoid costly errors when it comes to record keeping. That’s why we’ve put together these five bookkeeping tips for small business.

When the Covid-19 pandemic began, and businesses were forced to shut down their operations, Congress passed programs to provide financial assistance to companies.

The euro and the U.S. dollar are exchanging at a 1-to-1 rate for the first time in nearly two decades, when the European currency was in its infancy.

Employee Retention Credit Limitation The Infrastructure Investment and Jobs Act, enacted on November 15, 2021, amended section 3134 of the Internal Revenue Code to limit the Employee Retention Credit only to wages paid before October 1, 2021, unless the employer is a recovery startup business.

When you make money on crypto, Uncle Sam's going to want a piece. It's not the most exciting part of crypto investing, but if you do invest, you need to know how taxes on crypto work. Although cryptocurrencies are still new, the IRS is working hard to enforce crypto tax compliance.