Tax Tips

Tax Tip

IRS Streamlines Process for Taxpayers Who Owe

The Internal Revenue Service has announced new steps to help people get a fresh start with tax liabilities by changing its lien filing practices that will lessen the negative impact on taxpayers.The changes include: Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens Making it easier for taxpayers to …

IRS Streamlines Process for Taxpayers Who Owe Read More »

Tax Tip

Important Change in Payroll Tax Withholding for 2011

The 2010 Tax Relief Act, enacted during December 2010, impacts all taxpayers. One provision has an immediate impact on employees and the businesses that employ them, as well as not-for-profit organizations with employees and individuals who have household employees. The Social Security tax, also known as the Old-Age, Survivors and Disability Insurance (OASDI) tax, has …

Important Change in Payroll Tax Withholding for 2011 Read More »

Scroll to Top