10 Things to Know About Your Paycheck and Payroll Taxes
It’s National Payroll Week. Here are 10 things workers and employers should know about withholding, payroll taxes, worker classification, records, and more.
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Taxes From A To Z (2019): T Is For Trust Fund Taxes
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. T is for Trust Fund Taxes. Despite…
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Filing And Paying Business Taxes On Time
(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) If you’re a W-2 employee, tax time is fairly simple: one return for federal and perhaps one or two for state and local, depending on where you live. If you’re a small business owner, those…
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Al Sharpton Denounces Claims He Owes Millions In Taxes To IRS, New York
Al Sharpton agrees with charges that his nonprofit, the National Action Network, owes outstanding taxes to the IRS and the State of New York. He also agrees that he owes personal taxes to the IRS and the State of New York. He doesn’t, however, agree that he owes as much as alleged, charging that the story was intended to call attention to an old story instead of the one he thinks folks should be talking about: Ferguson.
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Pastor Who Refused To Pay Applebee’s Service Charge Becomes Unwitting Poster Child For Server Pay And Tax Issues
So this pastor walks into an Applebee’s… It sounds like the beginning of a bad joke. But really, it was the beginning of a series of bad events.
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Why Santa Claus Won’t Have To Pay Income Tax This Year
It’s Christmas Eve and, at my house, we’re busy preparing for guests. Mostly, we’re waiting on the cousins but my kids are also waiting for a certain man with a white beard – no, not my husband – it’s Santa! We’re tracking Santa’s progress via NORAD (North American Aerospace Defense Command, a United States and…
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Mmm… Obama’s Plan Is So “Job-Creating”
President Obama will send his new jobs creation plan to Congress later today. He’s going to pitch it first in the Rose Garden surrounded by the kinds of folks that make for good press (vets and teachers, for example) and then send it to Congress for consideration. It’s not going to be an easy road….
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Ask The Taxgirl: Screwy Withholding
Taxpayer asks: I am very confused. Your blog says that we will be getting back more money this year because of the payroll tax holiday. My withholding must be screwy because I am making less money. What is going on? taxgirl says: Okay, this is where tax laws can get really confusing. Yes, there is…
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Payroll Tax Holiday Begins
I rolled into work this morning along with many Americans for the first time in 2011. Since New Year’s Day fell on Saturday this year, those of us who work “traditional” hours (yes, my use of the term is cheeky) started our work year today. It’s also the start of a bit of a headache…
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The Un-COLA: No Increases For Social Security
Brace yourself. From now until November, I promise you that you will hear about this next piece of news over and over again: There will likely be no increase in Social Security benefits (sometimes referred to as a “COLA” or “cost of living adjustment”) for 2011. That makes two years in a row since there…
