Taxes are mandatory payments made by people and businesses that help fund government services at the federal, state and local level. Tax revenue pays for things like Social Security and Medicare, education, national defense, infrastructure and other goods and services intended to benefit the community.
SCHEDULE A CONSULTATIONThere are some methods you can use to reduce your taxable income. These include contributing to an employee contribution plan, such as a 401(k), contributing to a health savings account (HSA) or flexible spending account (FSA), and contributing to a traditional IRA.
SCHEDULE A CONSULTATIONHiring an accountant to handle your finances ensures that you don't have to deal directly with any financial issues, and the accountant can help you save time and money. Business owners have many other responsibilities geared towards expansion and growth and don't have time to manage their finances.
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