Workers who are considered employees do not have to pay their own taxes during the year. Instead, employers withhold income tax from their employees’ paychecks and pay it to the IRS on behalf of the employee. Now, if not enough tax is withheld from each employee’s paycheck, then the employee might end up receiving an […]
Tag: dependents
How Much Life Insurance Do You Need?
Because of the very nature of life insurance, many people don’t want to discuss it. It is difficult to talk about death, so life insurance is often a private matter. But really, it shouldn’t be. For this reason, there are a lot of misconceptions about life insurance that need to be dismissed. Here is what […]