by Jackie | Jul 11, 2022 | Uncategorized
Article Highlights Filing status Adjusted gross income (AGI) Taxable income Marginal tax rate Alternative minimum tax (AMT) Tax Credits Underpayment of estimated tax penalty When discussing taxes, reading tax-related articles or trying to decipher tax form...
by Jackie | Jul 8, 2022 | Uncategorized
July 15 – Non-Payroll Withholding If the monthly deposit rule applies, deposit the tax for payments in June. July 15 – Social Security, Medicare and Withheld Income Tax If the monthly deposit rule applies, deposit the tax for payments in...
by Jackie | Jul 7, 2022 | Uncategorized
Article Highlights: Form W-4 Watch Out for Payroll Surprises Tips Odd Jobs Self-Employment Tax Working for Parents ROTC Students Newspaper Delivery Retirement Contributions As the summer break from school approaches, many students are looking for part-time summer...
by Jackie | Jul 6, 2022 | Uncategorized
July 11 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during June, you are required to report them to your employer on IRS Form 4070 no later than July 11. Your employer is required to withhold FICA taxes...
