Form 8949 is a tax form individuals use to report the sale or exchange of capital assets, such as stocks, bonds, mutual funds, and real estate. The form calculates and reports...
Posted 03/14/2023 by Jim McClaflin, EA, NTPI Fellow, CTRC
As a freelancer or self-employed individual, taking advantage of every tax deduction available to you is important. Deductions help lower your taxable income and save you money...
Posted 03/14/2023 by Taxes Made EZ Inc
The Federal Insurance Contributions Act (FICA) tax is a federal payroll tax imposed on employees and employers to fund Social Security and Medicare programs. FICA tax is a critical...
Posted 03/14/2023 by Pat Raskob
Higher standard deduction comes with itemizing deduction. According to the IRS, the method reduces your federal income tax, which has dragged more than 30% of taxpayers to the...
Posted 03/14/2023 by KLSM CPA Firm PLLC
