Tax withholding is the amount that your employer withholds from your paychecks to cover the Federal Income Tax. Federal Income Tax is called FICA tax, which stands for Federal Insurance
Can reasonable cause penalty abatement help alleviate your tax debt? The IRS charges penalties if you fail to pay or fail to file your taxes in a timely manner. These
Everything you need to know about how to file a tax extension If April 15 has come and gone and you still haven’t filed your taxes, don’t panic. You can
It’s easy to panic when you receive a letter from the IRS. Just filling your taxes on time each year can feel like a hard enough task, but sometimes things
Congress passed the 16th Amendment in 1909. The Amendment gave the federal government permission to tax individual personal incomes, regardless of their corresponding state’s population. By 1913, Americans were required
