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August 2017

Check Withholding Now to Avoid Surprises at Tax Time

Aug 7, 2017

The federal income tax is a pay-as-you-go system. Employers generally withhold tax from workers’ wages. Taxpayers also often have taxes withheld from certain other income including pensions, bonuses, commissions and gambling winnings. People who do not pay tax through withholding, like the self-employed, generally pay estimated tax. In addition, those who earn income such as […]

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Myrna Stacey
QuickBooks® Consultant