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 […]
Tag: taxes
How To Prepare for Tax Season
Want to make sure your tax paperwork is organized? Keep excellent records all year. That way, after the end of the year, you just gather applicable tax documents that arrive […]
IRS Puts Brakes on ERC Processing
According to the IRS, a moratorium on processing of new ERC claims through year’s end will allow IRS to add more safeguards to prevent future abuse, to protect businesses from […]
Welcome to Tax 101 for Building Contractors
If you are an individual building contractor, it’s important to stay on top of tax rules and know how the latest laws affect what you can and cannot deduct, as […]
Changes in Homeowners’ Deductions for Mortgage Interest and Taxes
What are the rules that apply to deductions for interest payments on mortgages? They can get confusing. The old rules that apply for 2017 and previous years. They allowed itemizers […]