tax law

Learn about important IRS employment forms and what they mean, including W-4, W-9 and I-9 forms. Explore what these forms do and how they can impact hiring. The Internal Revenue Service, better known as the IRS, has a hand in many of the ways employment and income tax collection function in the United States. In […]

The FEIN acts as a taxpayer ID number for your company. Find out whether your LLC needs to get a Federal Employer Identification Number (FEIN) and how to do it. The Internal Revenue Service (IRS) assesses and collects taxes from both individuals and businesses. When people pay their taxes, the IRS identifies them by their Social […]

While estimating and filing your personal taxes for the year may seem overwhelming, the process is actually quite straightforward using the IRS 1040-ES form. Estimating your personal taxes allows you to be financially prepared for the year ahead of you. In this overview, we provide a simple breakdown of how you can estimate your personal taxes for […]

Today’s seven tax brackets tax your income between 10% and 37%. Learn about federal tax brackets, marginal income tax rates and how TCJA changed personal income tax. Individual federal tax brackets assign tax rates to non-business tax filers based on their income levels. The incomes of today’s individual filers . In 2020, those brackets start […]