How To Set Up A Payroll System

How To Set Up A Payroll System

A company is only as good as its employees. On the other hand, employees are only as good as how you treat them; and the best way to handle them right is to pay them right. Making sure that they receive their salaries is the best way to show them that you value their...
How To File Taxes When Married

How To File Taxes When Married

Like when you were still unmarried, couples should have a deep understanding of how taxation works. Unfortunately, the filing process for married couples can, in some cases, be more complicated than it is for single individuals. So, to avoid future headaches, make...
How To Calculate FICA Tax

How To Calculate FICA Tax

Federal Insurance Contributions Act or the FICA tax is a payroll contribution by both employees and their employers to fund the Social Security and Medicare. The Social Security service is a body the government formed to provide for retired or disabled employees.  On...
How To File Taxes On Lottery Winnings

How To File Taxes On Lottery Winnings

Everyone wants to win, but no one wants to pay the taxes. Understandably so, however, as winning the lottery makes the government wealthier than it does you. Every time someone wins the Powerball the government imposes various taxes that can surprise you once they...
How To Sell Stocks Without Paying Taxes

How To Sell Stocks Without Paying Taxes

The practice of stock trading dates back to 1801 when the London Stock Exchange officially opened. Since then, its popularity has grown beyond company ownership to its own unique industry. Multimillionaires around the world attribute their success to investing in the...
How To Avoid Inheritance Taxes?

How To Avoid Inheritance Taxes?

Losing someone you love is one of the most heartbreaking experiences anyone can have. Sadly, even in times of sorrow and grief, taxes still come into play. Inheritance, or the passing down of a deceased person’s possessions, are subject to what the IRS call as...
How To Stop Student Loan Tax Garnishment

How To Stop Student Loan Tax Garnishment

Education is the key to success. Without it your chance of having prosperous life decreases. It is also the easiest way to enable you to become a contributing member of the society. Sadly, education here in the US is not as cheap as it is in other countries. Thus,...
How To Do State Taxes?

How To Do State Taxes?

Our local state governments are tasked to take care of their constituents. Hence, the federal government has given them the right to impose their own taxes for them to support their public services. Without these taxes, a state would collapse along with its country...
How To Avoid Taxes On Bonus Check

How To Avoid Taxes On Bonus Check

It’s that time of the year once again. The bells are ringing, and the choirs are singing. It’s the holidays once again! Can you smell it? I’m not talking about the cool breeze that flows through the pine trees. I’m talking about something else, another green thing we...
How To Avoid Self Employment Tax

How To Avoid Self Employment Tax

For many individuals, self-employment can seem like a dream compared to being employed. Having the power to control and manage your own time is as tempting as it sounds. However, being self-employed can have many drawbacks too; one of which is the dreaded...