The Next Estimated Tax Deadline Is January 15 If You Have To Make a Payment
The fourth estimated tax payment deadline for 2020 is coming up. Here are the details of when it is and whether you’re required to make a payment.
Maximize Your 401k Plan to Save for Retirement
Have you been contributing enough to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the recently announced limits for 2021.
The Easiest Way to Survive an IRS Audit is to Get Ready in Advance
Getting a letter from the IRS that your tax return is being audited may strike fear into the hearts of business owners. But the more you know about IRS audits, the better you can fare.
Some People are Required to Return EIPs
Millions of people have already received their Economic Impact Payments, which are being sent by the government to help mitigate the effects of COVID-19. In some cases, the payments should be returned.
IRS Releases 2021 Amounts for Health Savings Accounts
There are many advantages to Health Savings Accounts (HSAs). Here are a few of them, along with the HSA inflation-adjusted amounts for the 2021 calendar year.
Do you Have a Side Gig? Make Sure you Understand Your Tax Obligations
These days, many people have side “gigs” to earn extra money. Find out more about the tax consequences of taking on these jobs.
Using Your 401(k) Plan to Save This Year and Next
Have you been contributing enough in 2019 to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the just-announced limit for 2020.
Small Businesses: Stay Clear of a Severe Payroll Tax Penalty
Did you know you could be personally liable for a harsh penalty if payroll taxes withheld from your employees aren’t paid over to the federal government? Learn more about whom the IRS can go after at your business.
The Next Estimated Tax Deadline is September 16: Do You Have to Make a Payment?
The third estimated tax payment deadline is coming up. Here are the details of when it is and whether you’re required to make a payment.
The Tax Implications of Being a Winner
If you’re fortunate enough to hit a sizable jackpot in the lottery or while gambling, there are tax implications. Here’s a rundown of the basics.