by Candy | Feb 26, 2019 | Featured, Taxes
Nobody likes paying their taxes – perhaps none less so than employment taxes. Simply put, employment taxes are paid generally with every payroll or monthly (periodically a business may pay quarterly) when an amount is withheld from employee paychecks and sent to the...
by Candy | Feb 22, 2019 | Featured, Taxes
With all the recent hubbub about out-of-state sales tax laws, the new year has been packed with tax developments for online sellers lately, as both employers and the government strive to adapt with the digital age. And now, according to a recent information request to...
by Candy | Jan 15, 2019 | Business, Featured, Taxes
With the new year fast approaching, the IRS has been steadily putting out notices this month announcing the kind of changes we can expect for the 2019 tax year. And the latest, detailing the new standard mileage rate and the situations in which the deduction may be...
by Candy | Jan 11, 2019 | Business, Featured, Taxes
The numbers are out for 2019’s first quarter, that begins on January 1st, and the IRS has reported a rise in interest rates. As detailed by the tax service, the new rates will be: • 6% for overpayments, or 5% if a corporation; • 3.5% for any corporate overpayment that...
by Candy | Dec 18, 2018 | Taxes
It’s no secret the IRS has few tax deductions for medical expenses available.For starters, any taxpayer who files under the standard deduction can’t claim any medical tax savings at all, while those who itemize their returns under Form 1040’s Schedule A have their own...
by Candy | Dec 11, 2018 | Taxes
Though 2018’s tax return due date is still several months away, it’s never too early to start preparing your records now to make the job easier on both you and your accountant. Here are 6 simple ways to get ahead on your returns, before the end of the year rush. 1)...
