federal taxes Archive
IRS Owes You Money If You Paid Long Distance Phone Taxes
May 8, 2021
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TweetShareSharePin0 Shares IRS Owes You Money If You Paid Long Distance Phone Taxes Source: Flickr The IRS has decided to give up the fight on an ongoing legal issue regarding taxes it has collected on long distance telephone services. Here is the scoop. The IRS Owes You Money If You Have Paid Long Distance Phone
Payroll Taxes
May 8, 2021
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TweetShareSharePin0 Shares Payroll Taxes Source: Flickr If you have employees, you are responsible for payroll taxes. This is a term that lumps all the different forms of employment taxes into one category known as “payroll tax”. In reality, payroll taxes encompass Federal and state income tax withholding, social security and Medicare taxes (also known as
Small Employers Rejoice – IRS Simplifies Filings
May 7, 2021
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TweetShareSharePin0 Shares Small Employers Rejoice – IRS Simplifies Filings Source: Flickr On of the largest burden on very small employers is dealing with taxes. Fortunately, the IRS has taken a major step to reduce this burden. Quarterly Federal Tax Returns – Not! There are millions of small businesses that labor under the burden of filing
Tax Relief, Tax Scrutiny | Tax Policy Center
May 7, 2021
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TweetShareSharePin0 Shares Will taxing capital gains at death hurt farmers? Democratic lawmakers representing rural districts want assurances that owners of family farms and small businesses will be protected from President Biden’s proposal to tax at death capital gains exceeding $1 million. June will be appropriations month in the House. Appropriations Committee Chair Rosa DeLauro says
New free book: Combating Fiscal Fraud and Empowering Regulators
May 7, 2021
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TweetShareSharePin0 Shares A new book titled Combating Fiscal Fraud and Empowering Regulators: Bringing tax money back into the COFFERS was published by Oxford University Press in February this year. The book is freely available for download and provides an account of some of the most seminal findings and applications of state of the art tax
New free book: Combating Fiscal Fraud and Empowering Regulators
May 7, 2021
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TweetShareSharePin0 Shares A new book titled Combating Fiscal Fraud and Empowering Regulators: Bringing tax money back into the COFFERS was published by Oxford University Press in February this year. The book is freely available for download and provides an account of some of the most seminal findings and applications of state of the art tax
Plan Your Retirement In As Easy As 1 – 2 – 3 Using Financial Planning Software
May 7, 2021
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TweetShareSharePin0 Shares Plan Your Retirement In As Easy As 1 – 2 – 3 Using Financial Planning Software Source: Flickr Rather than spend your hard earned money hiring a financial planner or consulting with one, there are actually countless software programs that would help you in managing your finances. These programs are efficient tools for
Employment Taxes – Depositing With The IRS
May 6, 2021
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TweetShareSharePin0 Shares Employment Taxes – Depositing With The IRS Source: Flickr If your business has employees, you must pay employment taxes. The payment system can be a bit confusing, so this article discusses how to go about depositing employment taxes with the IRS. Depositing Employment Taxes To pay employment taxes, you must deposit the money
American Families Plan: Details and Analysis
May 6, 2021
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TweetShareSharePin0 Shares The Biden administration’s proposed American Families Plan (AFP) would partially pay for about $1.8 trillion in new federal spending on education and family programs with about $661 billion in additional taxes on higher-income individuals and pass-through businesses like partnerships, sole proprietorships, and S corporations. The tax system would become more progressive than under
Debt Limits, Trust, and Optimism
May 6, 2021
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TweetShareSharePin0 Shares Get ready for the debt limit crisis. Treasury warned that it may have to take its usual “extraordinary measures” to keep the federal government funded after July 31. It added, however, “In light of the substantial Covid-related uncertainty about receipts and outlays in the coming months, it is very difficult to predict how
