We often use ‘freight’ and ‘shipping’ interchangeably, but they’re not twins; more like cousins. Freight typically means larger, heavier loads, usually transported by trucks on our highways. Shipping, on the other hand, is a broader term. It covers moving goods by truck, train, plane, or ship. More info Air Freight Delivery Services Each has its place in the puzzle of logistics, and understanding their roles and differences can make or break the efficiency of transporting goods. Defining Freight and Shipping When we talk about ‘freight,’ think big. It’s all about moving large quantities of goods, usually by land. Imagine those vast trucks you see on highways, filled to the brim with all sorts of products. That’s freight – a heavyweight player in the logistics game, essential for bulk transport. Now, switch gears to ‘shipping.’ This term casts a wider net. It’s not just about the size or the weight of the cargo. Shipping encompasses the entire process of moving goods, whether it’s ...
If you’ve recently received a notice from the IRS, you know it can be a frightening and confusing time. You’ve likely heard that the IRS can have people arrested, and even put in jail. While that’s true, it’s not as common as you may think. More info FinegraTaxSolutions Which tax offenses could lead to jail time? It all comes down to intentionality. Civil IRS Offenses The IRS is unlikely to jail people for civil offenses related to unfiled tax returns. They understand that not all people may be able to pay their debt in full, and that honest mistakes can be made when navigating tax laws. That doesn’t mean, however, that civil offenses come without a cost. In fact, the most common IRS issues may come with a hefty penalty as an incentive to pay off debts. Fortunately, the IRS won’t imprison people if they aren’t able to pay what they owe right away. They realize that some taxpayers can’t help their financial situations and may not have enough money to pay tax debts on time. One of t...