TFX is awesome – a peace of mind saver.
Working with my tax CPA went above and beyond on her part and I feel very relieved that the previous tax year is completed. They will definitely have my business again next year.
Competitive compensation is not enough to attract top talent. Businesses should now consider providing attractive employee benefits to hire and retain highly skilled professionals.
If you have employees with young children, employer-provided childcare is one of the benefits that they might highly value. The IRS recognizes the importance of...
If you own a bar, restaurant, or food delivery service, you may have encountered the challenge of managing and reporting your employees' tips.
Even though tip income is not part of the wages you pay your workers for their regular job duties, it is still considered taxable. As an employer, you're responsible for paying income taxes on your...
The IRS has issued a reminder for those who operate large trucks and buses to file Form 2290, Heavy Highway Vehicle Use Tax Return, by Tuesday, September 3, 2024.
This deadline applies to vehicles that were first used in July 2024.
The usual August 31 deadline has been extended to the next business day due to the date falling on a Saturday...
When it comes to filing taxes for non-employee compensation and miscellaneous income, businesses must be clear about which IRS forms to use.
The two most common forms – 1099-NEC and 1099-MISC – serve distinct purposes and have different reporting requirements.
Also read. 1099 Forms for LLCs: A comprehensive guide to compliance and best...
Renters often wonder whether their rent payments can be deducted from their taxes.
While the federal government does not generally allow rent deductions, there are circumstances and state-specific provisions that can offer tax benefits to renters.
This article will delve into the various scenarios under which rent might be deductible, the...
