Will there be any changes in the payroll deductions for 2018 due to the new tax law, and will it impact the federal and state withholding tables? As a bookkeeper, do I need to make any changes in the employee's withholdings for 2018, including Federal, State, and FICA?

October 26th, 2024

I am the legal guardian of my 10-year-old grandson, and I receive no assistance in raising him. His father is in jail, and I am unsure of his mother's status. I am 66 years old and have had him for three years. My Social Security does not cover our expenses. What kind of assistance can I apply for to help with food, clothing, and his education?

February 12th, 2024

My wife provides assistance care to a woman with special needs and has been reimbursed for her time throughout the year. The husband who pays her has not withheld any taxes. We feel we should claim this income, but how do we handle the taxes owed and the amount that should have been withheld before filing our taxes next year?

December 13th, 2023

Will the new territorial tax system passed with the new GOP tax bill benefit individual offshore investors or only corporations making a profit outside of the United States?

September 16th, 2023

I was a contractor for part of the year and made about $8,400. I have some deductions I'd like to make (travel, new computer, etc.) and was wondering if that comes off the top of the $8,400. For example, if I made $8,400 and bought a computer for $2,000, would my gross income technically be $6,400? Additionally, how do IRA or 401k contributions affect this amount, and when do I need to set these up to qualify as a 2017 deduction?

June 16th, 2023