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Mofrad Financial Solutions
- Jun 1, 2021
- 1 min
Why Bookkeeping Should be Your #1 Business Priority
Bookkeeping enables you to see exactly where your business is spending money and where your revenue is coming from. It also helps you get...
Mofrad Financial Solutions
- Mar 2, 2021
- 2 min
Who Qualifies as Your Dependent?
Since every family is different, the question of “can I claim my kid as a dependent”, comes up quite often. As you will see below, to...
Mofrad Financial Solutions
- Feb 4, 2021
- 4 min
R&D CREDIT: Have you overlooked a golden opportunity in tax savings with R&D Credit?
Remember - even if you are a qualifying start-up, you can take advantage of the Credit. True, you may not have income, and therefore taxes
Mofrad Financial Solutions
- Feb 3, 2021
- 2 min
Quick Guide to Self-Employment Taxes
Self-Employment tax can be broken up into two parts, FICA and Medicare taxes. Out of this 15.3%, 12.4% goes towards Social Security and 2.9%