There are many reasons to check your tax withholding. This means looking to see how much money your employer is withholding from your paycheck for federal income tax. Remember, you can visit IRS.gov/withholding any time for more info. It's a good idea to check your withholding as it will help you avoid a surprise at tax [...]
If you are an employer, here is an important filing deadline reminder. The law requires you to file a copy of the W-2 forms you give to your employees by January 31st. You are also required to file the W-3 forms. Remember, you need to send these forms to the Social Security Administration. In addition, if [...]
Tax preparers see a lot of personal information from their clients. If you pay someone to do your taxes, know that most preparers are honest and trustworthy. Each year, however, some taxpayers suffer financially because they make a poor choice of who their taxpayer is. Here are some tips to help you choose: First, find out [...]
You can get ready now to do your taxes. You can always visit IRS.gov/getready any time for more information. Here are five things you can do now to make filing your taxes go smoothly: Set up an IRS Online Account at IRS.gov/account. Here you can access your tax records. You can make and view payments. You [...]
Remember, gift cards are for gifts, not for making tax payments. Many people give gift cards as a convenient gift for any occasion. Scammers use gift cards to steal your money. Here's how this works: the scammer may call you impersonating an IRS agent, or contact you by text, email, or social media. The criminal calls [...]
