Tax Policies

Category: Tax Policies
Tax Breaks for the Military

Serving in the armed forces can be a very rewarding occupation, but one that also brings its fair share of challenges and worries. The good news is that the government offers a number of tax breaks that can help to ease the financial and emotional bu...

The 411 on Payroll Taxes

Hiring employees is an exciting milestone for small and growing businesses. But managing withholding and payroll taxes takes time and expertise you don’t have. Withholding and remitting federal, state and local income taxes, Social Security and...

Attention Small Business Owners: Know These 5 Tax Facts?

Filing taxes is never an easy ordeal for small business owners. From timely applications to deductions and refunds, there are so many details and intricacies involved with tax filing. However, there are ways to secure help during the turbulent tax se...

Top 10 Tax Deductions for 1099 Freelancers

According to the Freelancers Union, freelancers comprise 35 percent of the U.S. workforce. While news articles and bloggers tout the benefits of freelancing, such as working from home, being in charge of your own schedule and selecting your own clien...

A pencil and calculator sit on a piece of graph paper filled with numbers.

As business owners, you may have taken this credit before. But starting in 2016, the IRS is changing up the rules for an even bigger benefit. The IRS created the research tax credit, or R&D tax credit, in 1981 to stimulate the economy and incenti...

Wooden table with coins and plant growing out of a jar.

If you’re a small business owner or self employed and find yourself in the predicament of a tax dispute, you’re in luck. The IRS has unleashed a new program to fast track resolutions to tax disputes. Handling Tax Disputes The program comes after ...

Update: Form 7004 Gets You an Extension on Your Business' Taxes

If you need an extension to file your business tax return, we have good news: the IRS has posted a revised version of the form you need, Form 7004. This update reflects the new option to make the extension an automatic 6-month stress relief. Updates ...

From Limitations to Appeals: Everything You Need to Know About Wage Garnishment

Wage garnishment – the last resort for debt collectors and cause for a great deal of panic by those affected. You may be far behind in credit card bills, child support, or alimony (more on that below), and need a solution, fast. Read below for ...

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