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
Federal Taxes
How To File A Business Tax Extension
Any taxpayer looking to file a business tax extension should get to know the basic process to avoid costly delays and penalties.RELATED: Bad Debt Expenses: What Is It And How To Write It Off How to File Business Tax Extension in 4 Steps Step 1: Check Your Records Filing an extension for business taxes starts with keeping good records. Today, a taxpayer can easily …Continue Reading
How To Remove A Tax Lien Notice From Your Credit Report
You may be wondering how to remove a tax lien from your credit report, but thanks to recent developments, you probably won't have to. Read more about this update here.RELATED: Bad Debt Expenses: What Is It And How To Write It Off Steps on How to Remove Tax Lien from Your Credit Report Step 1: Understand the Effects of a Tax Lien on Your Credit Report and Your …Continue Reading
Sales Tax Calculators By State 2018
Be guided by the right sales tax calculator and tax laws by state to make sure you pay your dues right.RELATED: Income Tax Rates By State | A Comprehensive ListIn this article:Understanding Sales Tax Filings and Calculation Calculating Sales Tax Rates by StateYour Guide to the United States Sales Tax CalculatorUnderstanding Sales Tax Filings and …Continue Reading
Tax Considerations According To Type Of Business Ownership
A taxpayer should know the different types of business ownership in order to apply the proper tax amounts and forms to the IRS.RELATED: Tax Refund Offset Reversal: Step By Step GuideIn this article:What Are the Different Types of Business Ownership? Who Forms Part of the Tax Structure in the Business? Which Relevant Tax Forms Apply to Which Business …Continue Reading