What percentage of taxes do I pay if I am self-employed?
15.3% The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and ...
Category: General
When is the end date of this contract?
This Agreement shall terminate four (4) years from the Effective Date. If the effective date is February 1, 2017, then the end date is February 1, 2021. D...
Do I need a business account for sole proprietor?
There is no legal requirement for a sole proprietor to have a separate account for business. That being said, we highly recommend not using your personal ...
Is there a way around child support?
One way in which child support can be legally avoided is if both parents reach a settlement agreement were child support is refused. If the court complies...
What is deductible non-deductible?
While deductible expenses reduce your tax liability, non-deductible expenses don’t impact your tax bill whatsoever. Some expenses are always deductible, o...
How do you calculate new amount?
First: work out the difference (increase) between the two numbers you are comparing. Then: divide the increase by the original number and multiply the ans...
Who helped Bosnia in the war?
Turkish private individuals and groups financially supported the Bosnian Muslims, and some hundreds of Turks joined as volunteers. Greatest private aid ca...
What is the difference between a time share hotel and a condominium hotel?
“Timeshare” is a common word. The descriptions are quite similar a timeshare gives you partial ownership in a vacation property, a condo-hotel is a resort...
Should I be worried about a tax audit?
Generally, IRS audits only go back two or three years. Fortunately, you don’t need to worry about that happening. According to the IRS, most tax audits ar...
Is it difficult to sell a piece of land?
Selling land can be difficult compared with selling a home, but some pieces of land can be quite desirable depending on their zoning and resources. Price ...
