by Jonathan Bill | Sep 7, 2022 | Biz Taxes, Retirement, Tax Season
By law, you must pay income tax as you earn income — generally at least 90% of your taxes due. If you are an employee, your tax payments are typically paid by your employer in the form of withholding from your paycheck. However, if some or all of your income is not...
by Jonathan Bill | Apr 6, 2022 | Personal, Tax Season
When you earn several types of income throughout the year, it’s easy to lose track and forget to report some. The IRS does not forget, however. So be sure to report: Gig Work This is income earned providing on-demand work, services or goods, often through a...
by Jonathan Bill | Apr 13, 2020 | Biz Taxes, IRS, Tax Season
Notice #1: Additional Returns Postponed As previously announced, the IRS has provided filing and payment relief for federal income tax returns and payments due April 15, 2020. Last week, additional automatic (no application required) tax-filing and payment-deadline...
by Jonathan Bill | May 30, 2019 | IRS, Small Business, Tax Season
Our tax system is a “pay-as-you-go” process, which is all pretty straightforward when you receive a regular paycheck, and money is withheld on your behalf. But when you are self-employed — or earn certain other types of income — making estimated tax payments is your...
