One of the advantages of having a child comes to play when it is tax time as one can qualify for some money. On March 10, 2021, the American Rescue Plan Act was signed, which added...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 04/30/2021
Taxes on trust funds can cause big problems for small businesses. When an employer withholds part of his employee's salary to pay income tax, social security, and Medicare taxes,...
Posted by Unifirst Financial & Tax Consultants on 04/29/2021
Paying taxes should be a priority for everyone, no matter the line of business. One of the areas where the government shows incredible seriousness and dexterity is collecting tax debts....
Posted by Karen Munoz, EA on 04/26/2021
There is no known trick or formula developed to dodge payment of taxes to Uncle Sam, and if you want to avoid the headache of an audit, you have to get it right. Employees enjoy the...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 03/31/2021
Filing requirements can go on and on, and nothing is more frustrating than paying a fine that could have been avoided.Take a few minutes to record all the relevant filing dates in...
Posted by Thomas G Kinsella, ATP on 01/30/2021
April 15 is normally U.S. Tax Day, which is when personal income tax returns are due with the IRS unless that day is a weekend or statutory holiday. When this is the case, the due...
Posted by CORE PERFORMANCE on 12/19/2020
If you are a business owner or earn money as a freelancer, you must pay estimated quarterly tax payments to avoid fines and interest. Here's how.In this article, we will explain: ...
If your independent company has workers for which you prepare payroll checks, you are required to deposit payroll during that time for taxes due on payroll checks issued. Since most...
Posted by Tax Crisis Rescue on 05/29/2019
If you are an employee, you get a paycheck every pay period and most likely pay little attention to your taxes until the end of the year. Your employer does a lot of the work for you...
Posted by Tax Crisis Rescue on 12/29/2018
