The Obama administration is exploring a temporary tax cut for employers on their payroll tax obligations.
Recently enacted legislation makes significant changes to Section 12-700(a) of the General Statutes retroactive to January 1, 2011. Employers and taxpayers need to perform catch-up withholding for the current tax year. The following is a brief overview of the changes…
Where is my tax refund? Why didn’t I receive estimated tax payment vouchers? These are just a couple of reasons why you should notify the Internal Revenue Service (IRS) when you move.
The home office deduction is a confusing topic for many taxpayers. Can I only take it if I am self-employed? What if you’re not self-employed, but work at home frequently? And isn’t it true that the IRS is more likely…
Employers must make a determination whether someone who works for them is an employee or an independent contractor. To assist them with this, the IRS has issued the “Twenty Factor Test”. Here are the tests an employer applies in order…