The IRS still delivers tax refunds to individuals who filed their returns this past April. This is a massive inconvenience to many, and some taxpayers need to get the benefits that they deserve. Whether you’re missing a check or receiving one you’ve been waiting for, you can be sure that there are some steps you … Read more
There are a few things you should be aware of if you have submitted your tax return and are wondering when the IRS will release your refund: If you filed an amended return When you file your tax return, you may need to amend a return. This is because of errors, unused credits, or changes … Read more
The IRS started sending out 2021 tax refunds slowly but surely. If you haven’t received your tax refund, even if the IRS has processed your return and approved a refund, it’s still too early at the time of writing this article. Since the tax season started about fifteen days ago and the IRS has a … Read more
New York State tax refund tracker allows you to get updates on your state tax refund. The tool works the same as the IRS version of Where’s My Refund and shows you updates in real-time. The way this application works is pretty straightforward. All you need to do is verify your identity by entering the … Read more
There are many different pay frequencies that employees can choose from. Some are hourly, while others are salaried. Some people are paid biweekly, while others are paid semimonthly. It is vital to learn which one is right for your organization. Semimonthly vs. biweekly There are some differences between the two if you should use biweekly … Read more
Federal income tax withholding is mandatory, but what if you’ve withheld enough taxes so far? There isn’t really a point in you paying federal income taxes in that case. Luckily, you can claim exempt status on Form W-4 to let your employer know that you don’t need to pay any more federal income taxes. Here … Read more
Tax evasion is a serious crime that can lead to the offender serving up to five years in prison. Every taxpayer in the United States must report their earned income and pay their taxes accordingly. If you suspect an individual or a business not complying with the tax laws, you can turn them in for … Read more
Form 3949-A, Information Referral, is the tax form used for reporting a person or business for tax evasion. It’s a simple tax form that everyone in the United States or outside can file to report such allegations. If you suspect that someone or a business is evading taxes, use Form 3949-A to report it to … Read more
When filing a federal income tax return, there is a lot to calculate. One of the essential parts of calculating your taxable income is first figuring out adjusted gross income. This is shortly known as the AGI. Your adjusted gross income determines eligibility for deductions and credits and is used for other tax purposes. It … Read more
Whether you’re a small business owner or a government contractor, completing Form I9 is a significant undertaking. If this is your first time doing so, you may wonder how to fill it out and verify the authenticity of the documents you’re using. This article provides information about the different sections of the form and the … Read more