If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will report your earnings, benefits paid, and taxes withheld each year while the ...

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...

On March 25, 2025, Executive Order 14247 was issued, requiring that all federal payments, including tax payments to the IRS, ...

Learn how LLCs can hire unlimited employees, comply with legal steps, obtain an EIN, verify eligibility, and handle ...

Tax filing season is well underway, and the more organized among us who have already submitted and paid their returns are ...

LLC naming rules in Washington, D.C. specify that the name must include 'Limited Liability Company,' 'LLC' or 'L.L.C.' within ...

This trend has been amplified by the recent, high-profile elections of Zohran Mamdani in New York City and Abigail Spanberger in Virginia. Large ventures including Coinbase, Tesla, and SpaceX have ...

Getting paid on time starts with proper invoicing. For businesses, particularly startups operating on tight margins, invoices serve as the financial bridge between completed work and incoming cash. A ...

Have you ever imagined transforming your passion into a bustling retail store? The journey from business idea to grand ...

A federal judge has blocked the Internal Revenue Service (IRS) from handing over the home address information of taxpayers who may be undocumented to Immigration and Customs Enforcement (ICE). U.S.

The IRS can no longer share taxpayer addresses with U.S. Immigration and Customs Enforcement after a federal judge ruled Friday that that element of the data-sharing pact between the agencies is ...

A federal judge on Friday prohibited the Internal Revenue Service from sharing sensitive taxpayer data with ICE to aid its nationwide immigration crackdown. U.S. District Judge Colleen Kollar-Kotelly ...