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CPA Payroll Tax Guide 2017 Amounts received under life insurance contracts are excluded from income. Another exclusion from income is the interest received on certain state and local bonds. In addition to the employer-side taxes that fund Social Security and Medicare, there is a third payroll tax that funds Unemployment Insurance (UI). Unemployment Insurance is […]

Chomps, a meat stick brand, also ranked on Instacart’s list of fastest-growing brands in 2023. McKinsey reports the top two areas of consumer spending in this sector are appearance and health. Bloomberg’s stats predict the overall pet food market will surge ahead 52% in the next five years to land at a value of $135 […]

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The IRS e-file system for individual returns is scheduled to reopen on Monday, January 29, 2024. And here’s the real kicker—if fewer people file, the government essentially gets to keep more of the money that was supposed to be refunded. The sad reality is that if you don’t file your return, you leave yourself open […]

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If the sale price is equal, it is a break-even situation, i.e., no profit or loss, and the sales price covers the cost per unit. On the other hand, a sales price higher than the cost per unit results in gains. The break-even point refers to the minimum output level in order for a company’s […]