To Get an “Early” Refund, Adjust Your Withholding
If you received a large refund this year, you may want to adjust your withholding. Each year, millions of taxpayers claim an income tax refund. To be sure, receiving a …
Hiring Your Minor Children for Summer Jobs
If you’re a small business owner and you hire your children for summer jobs, you may be able to obtain tax breaks and other nontax benefits. You may also be …
Tax Responsibilities When Your Business Closes
Businesses close for many reasons, such as these: If you’ve decided to close your business, you might need assistance handling various tax obligations. For example, a final income tax return …
Hiring? View the Work Opportunity Tax Credit Benefits
If you’re a business owner or manager who is hiring, you should be aware of the details of a valuable tax credit for hiring individuals from one or more targeted …
Tracking Down Donation Substantiation
If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2023 donations. But what happens if you haven’t received such a letter? …