No one starts a business hoping that it will fail, yet a quick check of business statistics shows that half of all businesses will. Large businesses have teams of experts who comb through complex reports to make decisions that affect hundreds of employees and ensure...
Even with the myriad of tax changes that went into effect for 2018, there are still a few go-to tax moves that everyone should make a priority in early 2019. Checking that the correct amount is being withheld from your paycheck in 2019 is a sure-fire way to be certain...
While the 2018 tax filing deadline of Monday, April 15th will be here before we know it, it’s important to be aware of several changes to the tax law that have gone into effect for 2019. Some were ushered in by legislation such as the Tax Cuts and Jobs Act, the...
It’s not a trick question, there is a difference between your tax bracket and your tax rate. Your tax rate indicates your tax liability in relation to your total income but for planning purposes, you will also want to be aware of your tax bracket. As an...
Issue Number: IR-2016-143 Reminder: Employers Face New Jan. 31 W-2 Filing Deadline; Some Refunds Delayed Until Feb. 15 IR-2016-143, Oct. 28, 2016 WASHINGTON — The Internal Revenue Service today reminded employers and small businesses of a new Jan. 31 filing...
Save time and trouble (and maybe some taxes) by knowing the difference between the standard and itemized deduction. When calculating your taxable income you have the option to use the standard deduction or an itemized list of qualified deductions. If you have a large...
