Collecting, reporting, and paying payroll taxes are among the many responsibilities an employer has as required by federal and state laws. If you are a “responsible party”,...
Posted by YourIRSTaxAdvocate.com on 06/25/2019
As per the Social Security Administration (SSA), 96% of American employees are secured under Social Security. In case you're one of the numerous who is qualified to obtain Social...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/04/2019
What Is The ‘Fair Debt Collection Practices Act’?The Act is a federal law that restricts the character and acts of the third party debt collectors that are trying to receive...
Posted by YourIRSTaxAdvocate.com on 04/11/2019
The Internal Revenue Service recently reiterated its warning that taxpayers would not be able to renew their passport or receive a new case because of a federal tax of $ 52,000 or...
Posted by rinehimerbaker on 04/09/2019
What do payroll taxes pay for?The federal government levies payroll taxes on wages and uses most of the revenue to fund Medicare, Social Security, and other insurance benefits focusing...
Posted by Flynn Financial Group Inc on 02/19/2019
Employers withhold the contributions on Social Security and Medicare from the paychecks of their employees. Sometimes, they also withhold earnings tax. These withholdings are known...
Posted by Wright Tax and Accounting Solutions on 01/27/2019
Paying back tax deficit could be burdensome on the current income of the affected taxpayer. To avert such burden, the IRS set up a program called the installment agreements. The installment...
Posted by Advantage Tax Services, Inc. on 01/27/2019
Beginning in 2019, the maximum amount of wages subject to the old age, survivors, and disability insurance (OASDI) tax will increase to $132,900 as announced by the Social Security...
Posted by John Pournaras Agency on 01/22/2019
Most financial advisors you’ve come across with probably told you to take your Social Security at 70. However, Mark Hubert’s recent Market Watch column entitled “It...
Posted by Flynn Financial Group Inc on 01/22/2019
