In a recent development in the field of government contracting, a group of freight carriers contracting with the US Department of Defense (DoD) has agreed to pay $6.85 million after deliberately overcharging the DoD for seven years. While this is obviously a very...
The Russian invasion of Ukraine has shaken the global community and dominated news outlets for more than a month. And there’s no denying that Russia’s war has had an impact on the American economy; inflation has increased drastically, especially for gas prices, due to...
For independent contractors, tax deductions represent a major way to save on your taxes. Due to self-employment taxes, your tax bill can often come as quite a sticker shock, but ensuring you utilize the right deductions for your business, you can reduce that tax...
Digital payment platforms have become a common substitute for cash transactions. Now, when you owe your roommate money for rent and or need to repay your friend for lunch, a simple Venmo or PayPal transaction can settle the debt instantly. But as these platforms have...
Almost every year brings with it a few tax law changes; it’s one of the things that makes tax law so complicated, and can make it so difficult to file your taxes on your own. While there were certainly plenty of changes for this tax year, here are the major highlights...
