Monthly Archives: August 2022
Paying Estimated Taxes
Taxes must be paid as a person earns or receives income throughout the year. This can usually be achieved by withholding a certain amount from one’s paycheck. If, however, the amount withheld from a salary or pension isn’t enough, or if a person receives income through interest, dividends, alimony, capital gains, or self-employment, then… Read More »
The Filing Deadline For Tax-Exempt Organizations
As you probably know, the tax filing deadline for most individuals was in April. Many tax-exempt organizations, including those that operate on a calendar-year basis, however, had until May 16th to file their returns and certain annual information with the IRS. Failing to comply with these deadlines can result in significant penalties and fees,… Read More »
