Know how to tackle misclassification of employees

Many businesses go on to make the mistake of misclassifying employees in order to bring down their tax burden. However, the IRS has got its own ways and system in finding out about any discrepancies in it and takes actions immediately in such cases. The IRS ensures to keep in track of one’s tax payment and takes required actions if there are some discrepancies in the tax payment. First of all, it is necessary to get to know the rules and regulations that comes along with paying taxes and also…

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Insurance Riders and Endorsements: What You Need to Know

Insurance Riders

When it comes to buying insurance, there are a lot of options and choices to make. One of those choices is whether or not to add riders or endorsements to your policy. But what exactly are these things, and how do they affect your coverage? In this article, we’ll break down everything you need to know about insurance riders and endorsements. What are Insurance Riders and Endorsements? An insurance rider (also known as an endorsement) is an additional provision that can be added to an existing insurance policy. These provisions…

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Wealth Management Strategies for Success

If you want to build and manage wealth for maximum returns, there are a few strategies you should consider along the journey. When considering your options (and there are many), you really need to be methodical and select an approach that will yield the greatest returns and match well with your risk tolerance. Wealth management can be a complex undertaking, but with the right guidance it becomes simpler to reach your objectives. So where does that guidance come from?  Well, of course we live in an era of near limitless…

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