ConnollySteeleAug 103 minEstimated tax payments: Who owes them and when is the next one due?If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This...
ConnollySteeleAug 82 minIs your business required to report employee health coverage?As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business...
ConnollySteeleAug 22 minIs your withholding adequate? Here’s how to checkWhen you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so...
ConnollySteeleAug 13 minHow to treat business website costs for tax purposesThese days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted....
ConnollySteeleJul 272 minHow to avoid the early withdrawal tax penalty on IRA distributionsWhen you take withdrawals from your traditional IRA, you probably know that they’re taxable. But there may be a penalty tax on early...
ConnollySteeleJul 272 minThree tax breaks for small businessesSometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger...
ConnollySteeleJul 203 minThe kiddie tax: Does it affect your family?Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income...
