Taxes | Page 4

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Learn the basics of business accounting in time for tax season.

Understand how a life insurance policy affects your finances and taxes.

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Modified adjusted gross income is a crucial tax calculation. Read on for everything you need to know about MAGI this tax season.

Tax season is underway, and although the IRS has issued eight million refunds so far, the average payout is down from last year.

It's essential to know how much you have to make to file taxes. Keep reading this article to find out all you need to know.

Utilize these strategies to save your wallet when tax time comes around.

Small business IRS audits are like shark bites: They're rare, but painful for the unlucky few who suffer them.

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The cuts come amid high inflation and economic uncertainty.

Reconciliation has been a pain point for small businesses for a long time, but new technologies now enable payments companies like banks to automate the reconciliation process. The small business banking market in North America still leaves much to be desired, leaving room for innovative banks to differentiate themselves from competitors.

Form 1099s can be complex, which is why it's not uncommon to hire someone to help you handle one. Here's everything to know about a 1099 form.

Although Florida is one of the few states that has no income tax, high prices for insurance, housing and healthcare could mean that residents don't save as much as they think.

Does your state require income tax? Discover everything you need to know about nine states with no income tax in this detailed guide.

Keep more of the value your business generates by following these tax time tips.

Those using third-party apps like Venmo, Cash App and PayPal will now have to fill out 1099-K forms if they earn above a certain amount.

We don't know which tax changes are in store when the next Congress convenes, but business owners should be prepared, as well as aware of benefits that are slated to disappear. Act now before it's too late.

And the money you do get back might not be timely either.

The adjustments could allow for relief to taxpayers in 2023, particularly those who fall in lower income tax brackets.