Estimated tax payments are quarterly payments you send to the IRS during the year to cover income that doesn’t have automatic tax withholding.

No, Zelle does not report transactions to the IRS and does not issue Form 1099-K even if you receive business payments through the platform.

Sales tax rate in California is 7.25%, that is only the starting point. Depending on the city and local district taxes, the total combined rate can go above 10.75% in certain areas.

Tax fraud is when a person or business knowingly gives false or misleading information on a tax return in order to pay less in taxes, avoid paying taxes they owe, or get a refund they don't deserve

Sole proprietorship is the default business structure when you run a business by yourself and you don’t formally register a separate entity. An LLC is a legal business entity created at the state level.

standard deduction 2026 is $16,100 for single filers and married filing separately, $24,150 for heads of household, and $32,200 for married couples filing jointly and surviving spouses

A CPA is a licensed expert who can represent you before the IRS, while an accountant manages financial records. For taxes, audits, and compliance, a CPA provides stronger protection.

April 15, 2026, is the official due date in the U.S. for taxes due in 2026. This is the last day you can file your tax return and pay any taxes you owe on money you made in 2025

w-4 form is employee withholding certificate. It guides your employer to hold back the right amount of federal income tax. Too much withheld means smaller paychecks with bigger refund later

Discover the No Tax on Overtime deduction. eligibility, rules, and savings for workers and employers, plus payroll compliance and planning tips.