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Taxes

Understanding IRS Wage Garnishment

06th October 2009
What does it mean to have your wages garnished? Even if you don't know the exact meaning of this, one thing is for sure: you probably realize that it is a bad thing. Simply put, wage garnishment is the result of a court order in which money is deducted fr...
Author: Matt Robinson
Taxes

Why All Employees Pay the Federal Income Tax

23rd September 2009
Federal income tax is withheld from the pay of almost all employees. Employee pay is inclusive of salaries and wages, bonuses, commissions, and vacation allowances. It is the responsibility of the employer to provide the employee with a W-4 at the onset o...
Author: raza
Taxes

The Most Difficult to Understanding Employee Taxes

23rd September 2009
Employee taxes can be one of the most difficult to understand areas of running a business and hiring employees. If you don't understand all of the complexities involving employee payroll tax, it can also get you into a heap of trouble. The first emplo...
Author: trinity.services005
Taxes

Estimated taxes – planning for 2nd quarter Alternative Minimum Tax payments due June 15

13th June 2009
The second quarter for estimated tax purposes actually is a bit of a misnomer. The "quarter" consists of taxes for the months of April and May alone, unlike a normal three-month quarter. In any event, these estimated taxes must be paid by next Monday, Ju...
Author: kinal
Taxes

Put the Fun Back in Tax ReFUNds

27th March 2009
Taxes... Say that word and many people will start to groan when they hear it ...and with good reason. To begin with, paying annual taxes is usually a financial burden for most people. Each time you review your paycheck, you might feel cheated or abused, ...
Author: Ron Finkelstein
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