One of the biggest questions people ask after filing tax returns is this: “How much will I get back in taxes?” Contrary to popular belief, the IRS doesn’t keep more than your tax liability and does return the extra. Here are a few basics that will help you determine what you might get back for this year. How Much Will I Get Back in Taxes? | Get Estimates Will I Get a … [Read more...]
IRS Form W4 [Explained For You] | Internal Revenue Service
The IRS Form W4 plays an important role in tax filings each year, especially if you get a new job. Everyone who works for an employer must know its purpose. In general, tax time can be confusing for many people. That's why it is crucial to understand what the different forms mean. Find out what you need to know about the IRS Form W4 or the Employee's Withholding Allowance … [Read more...]
IRS Forms 941 [A Must Read For Employers] | Internal Revenue Service
Business with employees must file IRS Forms 941 (Employer’s Quarterly Federal Tax Return). Most companies need to provide the IRS with comprehensive documentation about their revenue. Businesses also need to report the taxes they pay on behalf of their employees. Like IRS 1040a for individuals, all IRS tax forms need to meet the specific actions of the business. The … [Read more...]
IRS Form 4868 [If You Need To File Late, READ THIS]
If you need to file your taxes past the April 15 due date, you will need to file IRS Form 4868. You can download IRS Form 4868 extension from the IRS official site or you could file the form online. All IRS tax forms are available online, including the IRS Form 2848 revocation. IRS Form 4868 | All You Need to Know Completing IRS Extension Form 4868 Enter your name … [Read more...]
How To Estimate Taxes This Year
People with "traditional" employment have their companies withhold taxes from their paychecks and send it to the IRS. Small business owners keep up with the "pay-as-you-go" IRS system by making estimated tax payments.So, how can individual taxpayers estimate their taxes? People should also know they can take advantage of a free tax calculator online. Whether you have an … [Read more...]
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