A series of tax bills, culminating in theTax Cuts and Jobs Act(TCJA) of 2017, has given investors a tremendous opportunity for savings on long-term capital gains and dividends. But the way to take full advantage of these changes is to use tax lots in managing your investment purchases and...
The first step to compliance is understanding where you have sales tax requirements. Generally, businesses are required to collect sales tax from customers when they exceed certain thresholds. These thresholds are referred to as “economic nexus thresholds,” and they are either revenue-based, transac...
From gift-buying to travel and entertainment, holiday spending can leave you feeling less than festive heading into the New Year. The good news is, your tax refund can be one way to pay down lingering holiday debt and get you back on track financially. H
On their first day of work, new hires usually complete a Form W-4, Employee’s Withholding Certificate, which you will use to deduct the correct amount of federal income tax from their pay. Although not required, your employees should fill out a new form each year if their personal or fi...
1. Pay down your current loan or buy out your leaseAlthough this will mean no new car smell, paying down your current loan can be a financially wise decision. Use your tax refund to make additional payments or pay the entire balance in full. But before you use your refund to pay down...
Using tax-deferred accounts when appropriate can help keep more of your money invested and working for you—and you then pay taxes on withdrawals in the future. Reduce taxes further by considering strategies such as donating appreciated securities to charity and funding education expenses using a 52...
If you use a tax preparer, the person or company that does your taxes needs to be authorized to use e-file; if you don’t already have a tax professional, you can find one at the IRS website. Pay your taxes online If you’ve got to actually pay taxes, it’s a lot easier to ...
To pay the lowest rate of 1.82% through payUSAtax, you'll need to pay at least $148. Generally, you can expect two charges to show up on your credit card statement. The tax payment may appear as “United States Treasury Tax Payment,” while the processing fee may be charged as “...
If you use a tax preparer, the person or company that does your taxes needs to be authorized to use e-file; if you don’t already have a tax professional, you can find one at the IRS website. Pay your taxes online If you’ve got to actually pay taxes, it’s a lot easier to ...
It also has a few added tax requirements. You have to pay taxes quarterly instead of with each paycheck as a W-2 employee would. Keep reading to learn answers to questions like, "Who has to pay quarterly taxes?" "When are quarterly taxes due?" and "How do I pay quarterly taxes?" ...