Piracy is a myth in the 21st century. We are entitled as the legitimate stealer of contents. People take away the content from other's work and still roaming around freely. Books written by authors are still being copied. So how...

The federal government has been imposing taxes with a sheer pace for a while. Either it is about imposing taxes on cellphones, vehicles, electronic equipment or any other tangible or intangible stuff. The government is not coming slow. They have…

With the rapid advancement in the technology area, Smartphones are everywhere now. People are now starting to focus more on smartphones than any other thing. This situation could be hazardous at some point. But the government has started to act…

Book value is a very important aspect of finance and accounting. The book values contribute a major hand in developing a proper balance sheet. Book value is sort of some asset's value which corresponds to that value written in the...

Tax collection and generation are both different things. A tax collected by the IRS is often less than the tax generated by the buyers and sellers. Talking about Conventional or retail sales tax, we get the question of which of the following…

Tax imposition often needs to have a solid blueprint before getting into any trouble. Government levies taxes on the public and institutions to sustain the economy and also to manage the expenditures. The buyers and the sellers both have their…

Payroll taxes are most often described as balanced taxes. It makes both the employee section and the employer’s section involve. Both the employer’s and employee’s salaries are omitted and both of the amounts get submitted into the government treasury. Now…

Texas has always been regarded as one of the low-cost tax-free states which marginally increasing the number of immigrant influxes into the State. overall the tax system in Texas is generally considered to be regressive which means that The tax burden…

To get yourself registered legally in the US tax records, you need a BIN. And if you are doing some non-profit work or running a non-profit organization, you need EIN. The IRS is the federal agency that checksum your organization…

The government’s been in a hullabaloo of imposing taxes. With the increased demands and decrease supply, the Government is looking for a panic button to coup with the crisis. After imposing a tax on home heating oil, tax on labor…