Taxes

Service Description

Business taxes are taxes imposed on the income, profits, or transactions of a business. They include various types such as income tax, payroll taxes, sales tax, and excise tax, depending on the business structure and location. Proper management and compliance with business taxes are essential to avoid penalties and ensure smooth operation. Personal taxes are taxes levied on an individual's income, including wages, salaries, investments, and other sources of personal earnings. They typically include federal, state, and local income taxes, as well as Social Security and Medicare taxes. Proper planning and filing are important to stay compliant and optimize tax obligations.