Taxes are used for the overall well-being of society and economic growth. They help us afford services such as public safety, national defense, education, protect the environment, and distribute wealth by increasing the tax on luxury items and sin taxes on cigarettes and alcohol. Knowing...
Truck drivers are on the road 24/7, traveling on weekends, on holidays, through bad weather, and sometimes even on their birthdays. With all the hard work poured into deliveries and pick-ups, truck drivers should know what expenses qualify as tax write-offs and lessen what they...
As of 2020, World boxing superstar Manny Pacquiao has a net worth of $220 million - making him the highest-paid athlete from sports pay-per-views, live gates, merchandises, acting gigs, and sponsorships. With over 100 properties such as buildings, houses, and land both in the US...
There are several costs, fees, and other deductions that can help support truck drivers when it comes to taxes. While the truck owner can reimburse some, independent drivers can also claim this support. Those expenses will add up if you are not mindful of what...
In 2009, General Motors filed for bankruptcy due to losing $86 billion from 2005-2009. Once under the bankruptcy protection law, they would be entitled to receive bailout funds from taxpayers amounting to $10 billion. Since General Motors also invested in infrastructure and spent $66 billion...
