How to get an EIN or federal tax ID number?

The EIN or Employer Identification Number is a 9-digit number that identifies your company and is assigned by the Internal Revenue Service (IRS) of the US. You need it to pay federal taxes, hire employees, open accounts, and apply for licenses or permits. The application process is free and you

How to find out if someone filed taxes in my name?

Perhaps the first question that arises when we want to know if someone filed taxes on our behalf is, why would someone do this? Generally, it could be a mistake, an accidental fact. However, in many cases, this is done by criminals to collect fraudulent refunds through the identities they

How long do you have to work to file taxes?

The Internal Revenue Service (IRS) is the official tax collection agency of the U.S. It is in charge of issuing all the forms and regulations related to federal taxes, obligations to tax-payers, exemptions, and deductions. Almost all workers, employees, and businesses have to pay them and to report their annual

When is Tax-Free Weekend in Massachusetts?

Sales taxes are one of the first things that you have to pay while you buy retail products. These taxes make things more expensive, even if it is just by little, but have you ever wonder if there is a way to not pay them? Luckily, in some states, a

How to Avoid Taxes on Bonus Check

Being an employee of a job is time-consuming since you have to put all your effort to do a great performance. However, receiving your wage is a way to work and improve more expecting the next payment. So, if you make great things continuously that benefit the business, your employer

How much can you Claim in Charitable Donations without Receipts?

Did you know that you get a deduction on taxes if you donate to qualified charitable organizations?. If you pay money or other charitable donations, the government will deduct money from your taxes. However, you must have receipts for contributions if you want to reduce your tax.  But what if

Is Adjusted Gross Income the Same as Taxable Income?

You need to better understand certain tax terms and how this all works at some point in your professional life. Even if you do not work as a tax expert or accountant, you must be acquainted with such terms to handle your tax work. This way, you don’t have to

Best States to Start a Business for Tax Purposes

If you have decided to start your business, the location where you start can make or break your business. A favorable economic environment is an utmost requirement to attract more customers and to succeed finally. Taxes are among the most important parts of a favorable economic environment that need your

Everything about Use Tax Exemption/Resale Certificate

Most often, when a buyer demands the sales tax exemption on products, it can be very problematic for sales and customer support teams. A lot of time gets wasted just to collect the correct documentation from the buyers. A resale certificate is a great example of what you should use

How to Get US Tax Refund for Tourists?

When tourists visit America, they expect some tax benefits. Many think that there is no tax refund at all, but fortunately, there is some window for a tax refund.   No doubt, America is among the best places to visit, have fun and buy electronics, clothes, etc. Approximately 79 million international