It is no surprise that paying someone to watch your kids or clean your property makes you an employer, and you have to do the employer donation. Those hired to do these jobs are considered...
Posted by Rosovich & Associates, Inc. on 11/30/2022
According to Uncle Sam, taxpayers who owe additional federal taxes should do a paycheck checkup to avoid unnecessary extra levies. The Tax Cuts and Jobs Act passage made some major...
Posted by Tiffany Gaskin on 11/30/2022
In 2020, the I.R.S. processed over 3.5 million compliance activities. These activities occur when the I.R.S. thinks something is wrong with a tax return. They include:Automated under...
Posted by Abundant Wealth Planning LLC on 11/17/2022
When you work as a driver for a ridesharing company like Uber, Lyft, or another ridesharing service, the important thing to understand about your taxes is that you're probably...
Posted by Pat Raskob on 11/17/2022
Tax preparers prepare more than 85 million tax returns, as observed by the Internal Revenue Service (IRS). However, those who boldly go DIY on their taxes should remember to keep a...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/10/2022
The Earned Income Tax Credit (EITC / EIC) is a scheme to lower the taxes owed by low to moderate-income earners. The EITC, which stands for Earned Income Tax Credit, is refundable...
Posted by Abundant Wealth Planning LLC on 10/30/2022
Taxpayers find filing taxes hectic because it consumes more than thirteen hours of their time. The time consumed can extend beyond those hours depending on the complexity of your financial...
Posted by KLSM CPA Firm PLLC on 10/16/2022
Criminals are not tired of inventing new fraud skills on taxpayers due to the stressful nature of preparing a tax report. The rate at which taxpayers fall victim to scams is alarming,...
Posted by Abundant Wealth Planning LLC on 09/19/2022
It is no secret that the modern economy has changed the employment relationship between workers and companies. Many companies have responded to cost pressures by changing how they...
Posted by Taxes Made EZ Inc on 09/10/2022
