This article was published by the IRS. It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered anyone who performs services, if the business can control what will be done and how it will be done. What matters is that the business [...]
The IRS Independent Office of Appeals is a separate organization within the IRS. Did you know that you have the right to dispute most IRS decisions like penalties, liens, or increases in how much you owe? In most cases, you can request an appeal if you disagree with an IRS decision. The Appeals office will hear [...]
The Work Opportunity Tax Credit benefits employers who hire people from targeted groups who consistently face significant barriers to employment. These groups include certain veterans, recipients of Supplemental Security Income benefits, ex-felons, summer youth employees, and vocational rehabilitation referrals. This tax credit encourages workplace diversity and facilitates access to good jobs for American workers. Before claiming [...]
This video was published by the IRS. Most income is taxable and must be reported on your federal income tax return. But what you may not know is that some income is only partially taxable, or not taxed at all. For example, child support payments and welfare benefits are tax-free. Gifts and inheritances are generally tax-free [...]
This video was published by the IRS. If you changed your name after a recent marriage, divorce, or for some other reason, you need to notify the Social Security Administration of that change before you file your tax return. Otherwise, IRS computers can't mind your new name with your Social Security number. Names that don't match [...]
