Form W-4, used to calculate your paycheck withholdings, has had a major overhaul, and the changes go into effect on Jan. 1. Here’s what you need to know:
Big Changes for Form W-4
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Profit & Tax Blog
5 Year-end Tax Essentials
Before 2019 comes to a close, take some time to review these essential items to ensure you are not missing something that could cause tax trouble when you file your tax return.
IRS Releases Key 2020 Tax Information
The IRS recently announced key tax figures for 2020, using information based on the Consumer Price Index published by the Department of Labor.
Use these early figures to start developing your tax strategies for next year
Last-Minute Tax-Savings Ideas
Here are five tax saving ideas that can be used by most taxpayers. But act soon, there’s not much time left until our tax year comes to an end.
Receive Copies of Fraudulent Tax Returns
Tax identification theft is becoming all too common. Victims know how frustrating the experience can be. Thankfully, the IRS is willing to help.
2020 Social Security Changes Announced
The Social Security Administration announced a 1.6 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2020. Here’s what you need to know.
Donating to Charities? Do it RIGHT!
Donating to charity not only helps others, it can reduce your tax bill — but only if the charity qualifies as a tax-exempt organization. Here’s how to find the right charity.
Cash in on 0% Capital Gains Tax Rate
This tax break has been around for more than a decade and comes into play more often than you may think. Here is what you should know.
Social Security Planning Starts Now
Although you won’t become eligible for Social Security until your 60s, there’s a lot you can do to prepare before then. Here’s a rundown of steps you can take during each decade of your life.
Understanding Tax Terms: Health Savings Accounts (HSA)
Medical expenses, in one form or another, are unavoidable. Fortunately a health savings account (HSA) is a great way to cut your spending on medical expenses. Read on for details.
