A stylized illustration of a businessperson shaking hands with a veteran, with "WOTC" overlaid.

Tax Benefits of Hiring Veterans: A Guide for Businesses

At XOA TAX, we believe in supporting those who have served our country, and we understand the immense value veterans bring to the workforce. Hiring veterans isn't just a patriotic act; it can also provide significant tax advantages for your business. This post will explore the tax benefits available to businesses that hire veterans, focusing…

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A person calculating their income on top of a dollar sign.

How to Calculate Gross Income: A Comprehensive Guide for Individuals and Businesses

Understanding gross income is crucial for managing personal finances and running a successful business. This guide provides a clear breakdown of how to calculate gross income accurately, whether you're an individual or a business owner. What is Gross Income? For Individuals: Gross income is your total earnings before any deductions. It's the top-line number on…

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