Employment Taxes for Household Employees
Embarking on the journey of employing household staff brings not only convenience but also the responsibility of employment taxes. From…
Employer Identification Number Guide
Business and taxation require a fundamental understanding of key identifiers, and one such crucial element is the Employer Identification Number…
Social Security and Medicare Withholding Rates
Navigating the intricate landscape of taxes can be daunting, especially when it comes to understanding Social Security and Medicare withholding…
How to Fill Out Your Form 1040 Instructions
Navigating through the complexities of tax season can be a daunting task, but with the right guidance, it becomes a…
Possible Impact of GDP Growth Rate on Fed Rate Decisions
The U.S. economic landscape is ever-changing, and staying informed about key indicators Like GDP growth, Jobs Market, inflation, etc is…
Guide to Bond vs. Stocks: Investment Crossroads
In the dynamic landscape of personal finance and investment, the age-old debate between bonds and stocks, commonly referred to as…
Landscape of Alternative Fuel Vehicle Refueling Property Credits
In a pivotal move toward promoting environmentally friendly initiatives, the Internal Revenue Service (IRS) and the Department of the Treasury…
ERC Voluntary Disclosure Program
In a bid to tackle dubious Employee Retention Credit (ERC) claims, the Internal Revenue Service (IRS) has unveiled a groundbreaking…
Digital Assets Transactions >$10000 Reporting?
The Treasury Department and the Internal Revenue Service (IRS) have announced a pivotal change regarding the reporting of digital assets.…
IRS Free File for 2024 Available Now
As the 2024 tax season approaches, the Internal Revenue Service (IRS) has officially launched IRS Free File Guided Tax Software…
What Freelancers Need to Know About 2024 Tax Reporting on Payment Apps
In 2024, the IRS is set to roll out a significant change in its reporting requirements for third-party payment apps…
Student Loan Relief Now: SAVE Plan Offers Faster Forgiveness
For millions of Americans burdened by student loans, the dream of financial freedom feels distant. But President Biden’s recent announcement…