Job and Business
October 7, 2015
If you owe more taxes than you can afford to pay right now, the IRS offers payment arrangement options. However, it is important to understand that regardless of your reason for paying taxes late, the IRS will charge interest and penalties for...
October 2, 2015
The Additional Medicare Tax was implemented in late 2013 as part of the Affordable Care Act (ACA). Starting in tax year 2013, you may be required to pay an Additional Medicare Tax (on top...
September 21, 2015
Everyone must pay taxes on the income they receive during the year, whether it is from a job, self-employment, or other sources. The IRS expects to receive tax payments as your income is earned...
September 11, 2015
Health Savings Accounts (HSAs) are designed to help individuals offset the health care costs associated with High Deductible Health Plans (HDHPs).
An HSA is defined as “a tax-exempt trust or custodial account you set up with a qualified...
September 4, 2015
Millions of people enjoy having hobbies — whether it’s photography, antiquing, craft making, collecting coins, or breeding horses. It usually costs money to support a hobby, but in some cases, your hobby can also make you money.