Tax Tips

Household Employment Tax: Schedule H vs. Form 941

All employers are required to pay the same employment taxes, whether it’s a commercial business with a global workforce… Read more

A tax extension gives you more time to file your return. If you owe taxes, you are still required to pay by the official IRS… Read more

Tax season can be daunting for many individuals and businesses, and the last thing anyone wants to encounter is the added… Read more

Most U.S. citizens use a Social Security number (SSN) as their identification number when they do their taxes. However,… Read more

Tax identity theft is one of the most common forms of identity theft reported to the Federal Trade Commission (FTC). It happens… Read more

If you are ever audited by the IRS, it doesn’t mean you did something wrong. Sometimes all you need to do is explain your situation… Read more

The online sales platform Etsy makes it easy for sellers to stay compliant by automating most of the sales tax process. But… Read more

A seasonal job could last anywhere from three to eight months, depending on the company, the position, and how long a “season”… Read more

A spousal individual retirement account (IRA) allows couples with one income earner to maximize retirement savings.… Read more

If you won the lottery, congratulations! Now, you’ll need to decide whether to take a lump sum payment (one check for the… Read more