America’s Most Bizarre Taxes

America’s Most Bizarre Taxes

Ask anybody about taxes, and you’re sure to get an earful. Some think we are taxed too much, while others believe we are not taxed enough. The one thing that is safe to assume, is that there are a number of taxes in America (typically unique to just one State) that tend to be on the weirder side. From pets to bagels, to candy to crack, here are America’s most bizarre taxes. Full story

What is a Schedule K-1 Form?

What is a Schedule K-1 Form?

If you are an owner of a partnership, LLC, S-corp, or other entity that passes through taxes to its owners, in most cases you will receive a K-1 form each year. The K-1 is prepared by the entity to distribute to owners/shareholders to outline their portion of the income, loss, and deductions. Full story