Discover what investment properties are, explore different types, and learn how to finance them for maximum returns. Ideal ...

Discover the details of deferred compensation plans, learn how they function, and understand their tax advantages. Ideal ...

For 2025, the first $1,350 of unearned income (interest, capital gains distributions, dividends, etc.) is not taxed, while ...

Learn about FICA, the U.S. payroll tax funding Social Security and Medicare, who pays it, rates, and limits. Essential info for employees and self-employed individuals.

Discover the role of petty cash in business, from handling small expenses to balancing accounts. Learn the steps for proper management and recording.

The standard deduction is a portion of income that is not subject to tax and can be used to reduce a tax bill instead of ...

Discover what taxation entails, its purposes, various types, and justifications. From income taxes to estate levies, learn ...

The demand for Tesla's Model Y is particularly strong, prompting the company to consider raising prices and increasing ...

Discover legal tax avoidance strategies versus illegal tax evasion methods. Learn how to reduce taxes legally and the ...

The Bureau of Internal Revenue (BIR) will conduct a tax fraud audit of contractors flagged for alleged irregularities in ...

Learn how guaranteed payments to partners work, their tax implications, and how they safeguard partners regardless of ...

As for used EVs, the $4,000 tax credit can be applied to any EV that's at least two years old and sold for less than $25,000.