Tag Archives: taxes
Apply for a Federal Tax ID in Washington When you start a business, the last thing you want to do is end up on the wrong side of the IRS. That means that you should be careful when filling out your taxes and pay attention the identification documents that you need. One of these documents, for example, is called an employer identification number (EIN). It is important to have an EIN number in Washington if you want to keep your business running smoothly. And don’t worry if you are not sure how
There are a few major differences between non-refundable tax credits and refundable tax credits in Canada. While any tax credits are surely something positive for any individual or busienss, check out this post to learn about refundable ones which can actually be considered as payments! Non-Refundable Tax Credits A tax credit that cannot reduce the amount of tax that a person or business owes to less than zero. If a tax credit were able to reduce the amount of tax that someone owes to less
Contracting is a way of life for many. The extra flexibility it gives in terms of work can help freelancers develop a better balance between their professional and family lives. However, some find the administrative side of contracting difficult hard to manage, especially on a regular basis. It is here that an umbrella company's services can come in very handy. Pay By choosing to work through an umbrella company you will be employed under what is called an overarching Contract of Employment.
At this point in your rapidly expanding business, you have been traveling more extensively to court clients further afield, to seek out vendors/factory owners in faraway lands that can greatly reduce your costs, and to seek additional financing from venture capitalists that are just dripping with the money that you need to supercharge your growth. One headache you haven't anticipated though is the surprising complexities behind business travel. Much to your surprise, there are many more processes