Withholdings
August 23, 2023
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For W2’d employees, withholdings are the federal or state income taxes taken from your paycheck. These amounts of income taxes your employer withholds from
Claiming Dependents: What You Should Know
August 1, 2023
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Claiming Dependents: What You Should Know Claiming dependents is a great way to increase tax deductions. The IRS has specific guidelines to ensure a dependent
Understanding IRS Collection Holds
July 31, 2023
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Understanding IRS Collection Notices How The Collections Process Works: The IRS sends collection letters and notices to taxpayers for various reasons. There are two types
Estimated Tax Payments
July 31, 2023
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Estimated Tax Payments A taxpayer who receives income from 1099-Nonemployee Compensation (1099-NEC) must make four estimated tax payments. These payments are due during the following