Want your tax return filed quickly and without error? Looking for a quick refund? Then double-check this list of items that are often overlooked. These missing items often cause delays in getting your tax return filed and your much anticipated refund into your hands. Missing W-2 or
Read more →With the holiday season just around the corner, it’s a perfect time to get your financial records in order. Tax moves you make now can mean finding more “green” to spend on family gifts and festivities. Here are five quick tips for you to feel more prepared
Read more →If you own your own business, by hiring your children you can save in the following ways: Salaries paid to children under 18 are not subject to Social Security or unemployment taxes (in most states). No Federal withholding taxes are required if the child is under age
Read more →It can often be challenging to understand the difference between an employee and an independent contractor. However, the correct classification of workers is essential. Misclassification of workers can result in harsh IRS penalties. It is also important for the business to understand the reporting obligations and payroll
Read more →Fri 1 Deposit payroll tax for payments on Jan 26-29 if the semiweekly deposit rule applies. Wed 6 Deposit payroll tax for payments on Jan 30 – Feb 1 if the semiweekly deposit rule applies. Fri 8 Deposit payroll tax for payments on Feb 2-5 if the
Read more →The IRS issues guidance on free tax help “IRS Tax Tip 2013-02, January 29, 2013 Each year millions of people have their tax returns prepared for free by IRS-certified volunteers. The IRS Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs provide free tax
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