by WORSHAM INSURANCE & TAX SERVICE INC | Jun 23, 2021 | Tax News
Most times, businesses pay their employees for the work they do, and set aside a portion of those wages to in turn, pay Uncle Sam. But what if the business has to pay someone who isn’t technically an employee?… Read more about IRS Reminds Businesses About Nonemployee Compensation and Backup Withholding (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by WORSHAM INSURANCE & TAX SERVICE INC | Jun 23, 2021 | Tax News
The American Rescue Plan, or ARP, excluded up to $10,200 in unemployment compensation from each taxpayer’s taxable income. But some people filed their returns and paid taxes on the full amount of their unemployment benefits before the ARP became law, so the IRS is working to send those taxpayers a refund.… Read more about Refunds Could Be Issued for Overpayment of Tax on Unemployment (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
