Tax Pro +Apr 41 minThinking about going tax-exempt on your paycheck? Here's what you need to know: Your employer won't withhold federal income tax, boosting your take-home pay. But remember, you're still...
Tax Pro +Mar 191 minWhy you need to understand the difference between W2 and a 1099Let's break it down – it's not just paperwork; it's the key to navigating your tax responsibilities. First off, the type of form you...
Tax Pro +Jan 24, 20232 minIRS tips for a smooth filing seasonFastest refunds by e-filing, avoiding paper returns: To avoid refund delays, IRS encourages taxpayers to file their tax return...
Tax Pro +Jan 24, 20233 minWhat is Considered a “Tax Write-Off”?Have you ever wondered just exactly what a ‘write-off’ is? Well, a write-off is any legitimate expense that can be deducted from your...
Tax Pro +Jan 24, 20231 minHow to Reduce Your Taxes with Charitable ContributionsEach tax season, charitable donations rank among the most common tax deductions used nationwide, and for a good reason. Charitable giving...
Tax Pro +Jan 24, 20232 minWhat is FICA?The Federal Insurance Contributions Act (FICA) is a federally-mandated payroll contribution that funds Social Security and Medicare....
Tax Pro +Jan 24, 20232 minWhat is the Standard Deduction?When you file your taxes, there are a plethora of deductions to contend with. But for taxpayers looking for the easy route, the IRS’s...
Tax Pro +Jan 24, 20232 minHow are Disability BenefitsTaxed?Disability income, also referred to as disability payments or benefits, is income provided to individuals unable to work due to a...
Tax Pro +Jan 24, 20232 minHow do Investments affect my Taxes?How investments are taxed can vary depending on the type or vehicle of investment you choose. Understanding the tax implications of...
