Why You Should Review Your W-4

When you get a new job, your employer is required to have you complete paperwork for payroll. One such form is the W-4, which determines your federal tax withholding. What many people may not realize is this W-4 form means the difference between a refund or owing the IRS money when you file your tax […]

IRS Tips About Taxable and Nontaxable Income

Are you looking for a hard and fast rule about what income is taxable and what income is not taxable? The fact is that all income is taxable unless the law specifically excludes it. Taxable income includes money you receive, such as wages and tips. It can also include noncash income from property or services. […]