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IRS Highlights Work Opportunity Tax Credit

It’s a tight job market out there, and many employers are struggling to recruit and retain qualified employees to maintain operations. While tax pros can’t provide employees for their clients’ businesses, they can explain tax benefits like the Work Opportunity Tax Credit (WOTC). This credit is designed to reward employers who hire long-term unemployment recipients or those who face employment challenges.… Read more about IRS Highlights Work Opportunity Tax Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Five Tax Tips for Hurricane Season

As localized natural disasters continue to wreak havoc on a more global scale, it seems Mother Nature is finding new and frightening ways to disrupt our daily lives. From hurricanes and floods to droughts and forest fires, it’s no wonder we must think about how these “outdoor” occurrences might affect “indoor” living. May observes National Hurricane Preparedness Week in preparation for hurricane season, June 1 through November 30. Surviving these storms isn’t always about just physical survival, but one’s economic survival as well.… Read more about Five Tax Tips for Hurricane Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Releases Reworked Form W-4

A reworked version of Form W-4 has been released by the IRS and the Treasury Department for the 2020 tax year.… Read more about IRS Releases Reworked Form W-4 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

It’s Time to Get Ready for Taxes

In a matter of weeks the 2020 filing season will be underway. To help ensure that taxpayers don’t get caught unprepared, the IRS is recommending everyone to act now to avoid any tax-time surprises and ensure smooth processing of 2019 tax returns.… Read more about It’s Time to Get Ready for Taxes (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…