As a small business owner, you are certainly not the only one if you have difficulty calculating withholding tax. It's complex and can be very costly, but we're here to help...
Posted by BEST FINANCIAL GROUP LTD on 01/09/2022
Getting your return from Uncle Sam is very important. If you're like many people, tax season is the time to wait for some extra cash. But is it possible that you have a lower tax...
Posted by Dennis Jao on 11/29/2021
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
The emergence of the pandemic caused unemployment rates to soar exactly like it was in the time of the Great Depression. To salvage the situation, the U.S. lawmakers passed the CARES...
Posted by Tiffany Gaskin on 11/04/2021
Young families should make these changes throughout the year to keep their taxes low. Here are the areas you should be looking to save:Give yourself a raise.If you received a huge...
Posted by Income Taxes and Bookkeeping LLC on 08/06/2021
Independent taxpayers, such as independent contractors and sole proprietors, receive compensation based on the fees they charge their clients. They also incur work-related expenses,...
Posted by Abundant Wealth Planning LLC on 07/06/2021
An exemption is a legally permitted deduction that reduces the amount of income subject to income tax. The IRS previously offered two exemptions: personal exemptions and employee exemptions....
Posted by James Financial Services Inc on 05/07/2021
Do you know if you are considered a household employer? If you've just hired a caregiver, babysitter, housekeeper, or someone else to help you around the house, then there is a...
Posted by Taxes Made EZ Inc on 03/09/2021
Most Americans are familiar with federal and state income taxes, but payroll taxes are not well understood.Payroll taxes are types of taxes applied to earned income: wages, salaries,...
Posted by James Financial Services Inc on 03/09/2021
