Tax Planning Strategies for Freelancers and Independent Contractors

Tax Planning Strategies for Freelancers and Independent Contractors

In recent years, the American job market has changed a lot as companies and employees are redefining the traditional employer-employee relationship. Old, complicated processes are being replaced by more flexible and personalized options, made possible by new technology, mobile devices, and cloud computing. In response to this transformation, there is a growing trend for people…

Estate tax in the United States: What it is and How it Works

Estate tax in the United States: What it is and How it Works

So, basically, before your heirs get their share, the estate has to cover federal and state estate taxes in the United States. The person in charge, whether it’s the executor or trustee of a trust, has to handle filing those tax returns and making sure everything gets paid off from the estate. Estate taxes, also…