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The IRS frequently issues tips to taxpayers on various topics. One topic of interest is tax benefits for job seekers. With so many people in the job market, the IRS feels that is imperative for job seekers to understand the tax benefits related to their job searches. Job seekers are able to deduct most costs incurred [...] If you are recently married or planning to get married, be sure to notify the appropriate agencies. This will ensure that there are no complications come tax season. The IRS – Form 8822 should be completed if you have a new address. The form is available online at IRS.gov.
Social Security Administration- Form SS-5, Application for a [...]
The minimum wage increased to $7.25 on July 24th. However, many are questioning whether this will be a boost to workers considering the current economic climate. Some economists are arguing that this is another stimulus for the economy. [...] Are you planning to hire temporary workers for the summer? Are you a parent and own 100% of your business? If so, it is imperative that you know the rules for summer hiring.
If you’re a parent and you own 100% of [...] Making Work Pay is a new tax credit as part of the American Recovery and Reinvestment Act of 2009. It will give taxpayers a refundable tax credit of up to $400 for single taxpayers and $800 for married taxpayers filing joint returns. The credit is available in 2009 [...] |
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