The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...
IRS forms W-8 and W-9 serve distinct purposes in the tax system and are used by different groups to fulfill their tax obligations. A W-8 form is typically required ...
The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...
With tax season just getting started—the season officially opens on Jan. 29, 2024—you've likely received several tax reporting forms already, or they are on their way. Here's what you need to know ...
Every direct employee of a company should receive a W-2 form in January. The W-2 is the base document that defines your tax obligations, so it is important that you review and understand yours.
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
Halfpricesoft.com has just released an updated version of ezPaycheck software featuring the new 2025 W-2 forms, making it ...
One day soon, the IRS will release its near-final version of the 2020 Form W-4 that workers are supposed to use to calculate their federal income tax withholding. The new form is intended to fully ...
Claim: Starting in 2011, all employees will have to pay taxes on the value of health insurance provided by their employers. I contacted my Congressman about House bill HR 3590, the health care bill. I ...
If you grumbled about the size of your tax refund or even writing a huge check for your federal income taxes in April, don't expect things to change without tinkering with a W-4. And if you think the ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...
If you grumbled about the size of your tax refund or even writing a huge check for your federal income taxes in April, don't expect things to change without tinkering with a W-4. And if you think the ...