Category: Obligations

Know “how income tax works”? You should. Taxes are not something we think about except during tax season. The tax season is a time of great anxiety […]

A 1099 is proof that someone other than your manager has given you or paid for cash. The payer completes the 1099 and sends you and […]

You may be wondering: What is FICA when you look at your paycheck? FICA is a term that you’ve probably heard in the US. Don’t worry if […]

What is capital gain tax? Every year, governments around the world expect citizens to pay tax. These funds play a major role in the support of state operations. The […]

What is the minimum income to file tax in the United States of America? You may ask this question as soon as you decide to file […]

Do you have your vat number handy? Each state and country has a VAT on goods or services. Small or large business are required to pay an […]

In the last two years, a lot has changed. There is no federal income taxes withheld from paychecks. The transition between 2019 and 2020 has been […]

You are worried because you haven’t filed your taxes on time. You may be wondering what will happen if you are late with your taxes. It depends […]

Ever wondered why couples file separately when they are married? You may have overlooked some interesting aspects that other people take into consideration in this situation. Selecting […]

Do you know whether you will have to pay tax when you sell a home? It’s not a simple yes or no. There are a few factors […]