Employers need to pay payroll taxes to the IRS, abiding by a specific payment schedule. Keep reading to learn how this payment schedule works.RELATED: 3 Key Points To Remember When You Calculate Payroll Taxes Payroll Taxes: A Four-Step Guide to Payment Schedule Step 1. Stay Up-to-Date with Current Payroll Tax Rates Employers need to deposit payroll taxes, which are based …Continue Reading
The Master List Of All Types Of Tax Deductions [INFOGRAPHIC]
Tax time is just a few months away, and it helps to know the types of tax deductions that help people save some money.RELATED: 9 Effective Tax Planning Strategies You Should KnowIn this article:Fees for Tax Preparations Job Searching Expenses Medical and Dental Expenses Home Renovation Savings Penalty Charged from Early Withdrawal Payment for Jury …Continue Reading
A Complete Guide To FICA Taxes
The IRS collects FICA taxes to fund the federal government's Medicare and Social Security programs. Here's what you need to know about these paycheck deductions.RELATED: Taxes Taken Out Of Paycheck: Everything You Need To Know | Internal Revenue ServiceIn this article:What Are FICA Taxes? Who Benefits from FICA Taxes? Who Needs to Pay FICA Taxes? How Are …Continue Reading
9 Qualifications For The IRS Fresh Start Program
Boost your chances of getting qualified for the Fresh Start program with these nine qualifications.RELATED: Rejected Offer In Compromise: How To Negotiate With The IRSIn this article:What Is the IRS Fresh Start Program? A Primer on the Fresh Start Program Qualifications Three Main Features of the Fresh Start Program IRS Fresh Start Relief Program …Continue Reading
What Tax Forms Do I Need For A New Employee?
Wondering what new employee forms you need for fresh employees? Check out these important forms you must secure for your new hires.RELATED: IRS Tax Forms by State | A Comprehensive ListIn this article:Crucial New Employee Forms You Need for New Hires Other Things New Hires Should Complete or HaveCrucial New Employee Forms You Need for New Hires1. Form …Continue Reading