Financial Planning
Get legal advice on how to take control of your personal or business finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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How to Pay Quarterly Taxes
Paying taxes four times a year sounds onerous, but it actually eases the burden of year-end taxes. Plus, the penalties for not paying quarterly taxes on time should convince you to get it right.
· 4 min read
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Top Saving Mistakes to Avoid
When there are loans to be paid and birthday gifts to be purchased, it may seem like saving money is your last priority. But in the long run, regularly contributing to your financial security will pay off.
· 7 min read
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What Is FICA Tax? Understanding FICA for Small Business
Hiring your first employee? The FICA tax is one of several payroll taxes employers need to withhold and pay to the IRS.
· 4 min read
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Small Business Filing Requirement for Employee Healthcare: Form 1095-B
This form isn't required for all small businesses—just those that self-fund employee health coverage.
· 3 min read
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What Is an Income Statement and How to Make One
An income statement is one of the four primary financial statements. It may go by other names, including the profit and loss statement or the statement of earnings. No matter the name, it's a measure of your company's performance.
· 4 min read
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How to Reconcile Your Bank Statements
What is the best way to catch fraudulent or erroneous bank transactions? Proper bank statement reconciliations. Here's a step-by-step guide to help you reconcile your balance sheet cash account to your bank statement.
· 5 min read
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What Is the Corporate Income Tax?
A corporation pays tax on its earnings, similar to the way individuals do. However, corporations use different tax forms and pay different corporate income tax rates.
· 3 min read
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How to Pay Taxes on Side Jobs
If you have a side job, be sure to pay your income tax throughout the year. Don't wait until tax season. You'll need to pay taxes directly to the IRS via quarterly estimated tax payments.
· 4 min read
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What Are Federal Tax Brackets?
Different levels of income are taxed by the U.S. government at different rates. The IRS uses federal tax brackets to determine the rate to be paid on each level of taxable income.
· 1 min read
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How LegalZoom's Tax Help Guide Can Assist You All Year Long
To prepare your business taxes, we've provided a few resources to get you ready. Get your business ready for taxes Gather your income and expenses First, gather your income and expense documents. This could be from bank statements, credit card statements, invoices, or receipts.
· 3 min read