The taxes for the 2021, including income taxes, Social Security, Medicare, payroll, and other taxes.
How to verify employee Social Security Numbers? If you’re an employer that has employees working for the business you owe, you can get much use of the tools offered by the Social Security Administration. You can verify employee Social Security Numbers using the SSA’s Business Services Online. This is good for employers to handle many …
Employers are required to withhold taxes from the employees’ income to pay different taxes. The taxes are taken out of the employee’s income when processing payroll is known as the payroll taxes and there is more than one kind of payroll tax. We can put the payroll taxes in two different categories: FICA taxes and …
The Internal Revenue Service has certain months and days where the 2020 tax returns are accepted for the 2021 tax season. The IRS will start accepting the 2020 tax returns starting from February 12, 2021 to the end of the tax season. It was expected that the IRS will accept tax returns before February begins …
How to apply for the second round of stimulus checks online? If you’re a qualifying person but hadn’t filed a 2018 or 2019 federal income tax return, your payment information is most likely not existent in the IRS database. To let the IRS know about your payment information whether you will receive your stimulus direct …
The Internal Revenue Service announced the 2021 standard deduction in late-October. The standard deduction is something that concerns millions of taxpayers, an increased standard deduction is only going to contribute to the number of people who claim it on their federal income tax returns. Last year, more than 90 percent of American taxpayers claimed the …
Tax Filing Deadline 2021 is the same as any other year and if you need additional time, you can file a tax extension to request more time from the IRS to file a tax return. Without a tax extension, the tax filing and payment deadline is April 15. Upon filing an extension, you will have …