The W-4 form can seem confusing to an employee at first glance. Here’s a breakdown of the information an employee needs to provide on this tax form: Step 1: Personal Information (Lines 1-5) This section is a straightforward introduction, asking for an employee’s basic details: Step 2: Filing Status (Line[…]
Read More »While summer is a time for fun, it’s never the wrong time to thinking about taxes – and some of those summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for filing season. MarriageWedding season is upon us, and[…]
Read More »The tax system in the U.S. is “pay as you go,” so estimated taxes are due on a quarterly basis. The expectation is that each taxpayer will pay their estimated income and self-employment taxes due for the most recently-completed calendar quarter. The due date for the second quarter’s taxes, covering[…]
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