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The relationship between an employee and an employer is a professional one. Employees do work for employers, who then pay said employees for their time and effort. But beyond the basic dynamic of employee-employer relationships, how do you establish a situation where everyone feels the circumstances are equally beneficial? How do employers establish fair compensation […]
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All year long, employers withhold income tax from the paychecks of their employees. Each paycheck is distributed to you after your employer has taken out a portion of your paycheck to pay the IRS on your behalf. At the end of every year, your employer will send you a document called Form W-2, Wage and […]
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In a recent announcement, the IRS is reminding would-be entrepreneurs of the importance of understanding the tax implications of setting up their own businesses. To start with, you have to choose a form for your business. Your choice has a lot of implications for taxation and management, so give this a lot of thought. Here […]
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No need to worry right away, because as technology dictates workplace functions on new terms, we will still rely on the unique soft skills only humans can provide. Workers will continue to play an indispensable role in creating and cementing links among their teams, management, clients and outside constituents. AI cannot operate with empathy, kindness […]
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When you refinance, you are swapping out your current mortgage loan for a new one. Your lender will need to check your credit reports and credit score and make sure your monthly income is high enough for you to afford your new mortgage payment. This comes with closing costs. How much you pay will vary, […]
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You may qualify for a credit of up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in or fuel cell electric vehicle. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032. Thus, there are a lot of I’s to […]
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