HSA's (Health Savings Account) contribution has people wondering about the effect of the new changes, especially on limits. Taxpayers are to have health benefits coverage for 2023....
Posted by Taxes Made EZ Inc on 01/30/2023
Unpaid payroll tax penalties are charges imposed by the Internal Revenue Service (IRS) on an employer's account if they fail to collect, report, and remit employment taxes.What...
Posted by Tiffany Gaskin on 01/17/2023
Self-employment tax is the largest tax burden for members of the clergy (pastors, priests, ministers, bishops, missionaries, etc.). In this article, you'll learn what self-employment...
Posted by Taxes Made EZ Inc on 01/09/2023
IRS Form W-4 informs your employer how much income tax to withhold from your pay. You will need to complete one when you start a new job. You can also send a new W-4 to the human resources...
Posted by KLSM CPA Firm PLLC on 01/09/2023
The first-time home buyer's tax credit was introduced during the 2008 financial crisis to help Americans buy more affordable homes. Although there are many other mortgage and loan...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2022
Most people would never consider a big tax return a scam. It's better than paying a huge chunk of your money to the IRS, but some people may have downsides.Making smart decisions...
Posted by Dennis Jao on 11/30/2022
The retirement account is no place to hide money from taxes because eventually, the IRS will come for their even share. RMDs stands for a required minimum distribution (RMD), which...
Posted by Pat Raskob, Emeritus on 11/28/2022
Being self-employed comes with a lot of tax advantages. Aside from tax advantages, it enables you to work as much as you want, doing what you want and when you want. There's no...
Posted by Dennis Jao on 11/10/2022
You may be rewarded with dividends when you invest in a company by buying individual stocks, mutual funds, or exchange-traded funds (ETFs). A dividend is a per-share portion of a company's...
Posted by Dennis Jao on 10/26/2022
