Taxes
2 articles
When you file a tax return for your small business, one of the questions on the form asks about your accounting method: cash or accrual. Deciding whether your business uses the cash or accrual accounting method is a pretty significant decision. Which should your small business use? Learn more here.
Billionaire Warren Buffett once famously said he pays a lower tax rate than his secretary. How is that possible? The answer lies in the difference between how capital gains and income from employment are taxed. Learn how and why capital gains and ordinary income are taxed differently here.
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