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What Is the Amount of the Self-Employment Tax SECA and How...

The result is your net self-employment income, which forms the basis for calculating quarterly estimated taxes. Since self-employed individuals do not have an employer...

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January 31 wage statement deadline reminder for employers Internal Revenue Service

Generally, you are not required to report the claimant's attorney's fees. For example, an insurance company pays a claimant's attorney $100,000 to settle a...

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How Bills Become Laws in the US Congress

You’re not giving your account information to a bunch of lenders and service providers, where it may end up in the wrong hands. That’s...

Inventory Turnover Ratio Formula Example Analysis

Cost of goods sold is an expense incurred from directly creating a product, including the raw materials and labor costs applied to it. Inventory...

Accumulated Depreciation Calculator

The IRS allows businesses to use the Accelerated Cost Recovery System (ACRS) or Modified Accelerated Cost Recovery System (MACRS) methods to determine the amount...