Posted on September 6th, 2020

While it probably seem like tax season just ended, it is never too early to do a “Paycheck Checkup” to make sure the right amount of tax is withheld from earnings – and avoid a tax surprise next year when filing your 2020 tax return. As a reminder, because income taxes operate as a pay-as-you-go system, taxpayers are required by law to pay most of their tax as income is received. Read More…

Tags: Coronavirus, COVID-19, Unemployment, Withholding

Posted on September 4th, 2020

The key to avoiding headaches at tax time is keeping track of your receipts and other records throughout the year. Whether you use an excel spreadsheet, an app, an online system or keep your receipts organized in a folding file organized by month, good record-keeping will help you remember the various transactions you made during the year. Read More…

Tags: Bookkeeping, Record Keeping, Unemployment

Posted on May 4th, 2020

If you’ve lost your job you may have questions about how it could affect your tax situation. Here are some answers: Read More…

Tags: Coronavirus, COVID-19, Unemployment