Tax Law

A variety of mechanisms are used to collect taxes. One process is tax deducted and collected at the source. This method for collecting taxes is used in many countries across the globe, including...

Taxes can be complicated to understand as the rules change annually. Many tax codes consist of many pages. Fortunately, some of the basic theories stay the same. The answer to the question "Is...

Electronic filing is a convenient way of getting through the chore of doing your taxes. So why settle for paper W-2 forms? Making a request to your employer and completing a simple form, most...

According to the Internal Revenue Code and the regulations of the Internal Revenue Service, there are certain circumstances when a tax ID number is required. If you intend to establish a business...

As of the 2008 tax period, the Internal Revenue Service (IRS) is no longer using or accepting Form 940-EZ. Anyone who would have filed this form must now use the simplified Form 940 (see...

Social Security tax is collected from basically everybody who earns money in the United States. The money is used to fund the federal Social Security program, which provides retirement benefits to...

IRS Form W-2 is essential for most U.S. tax returns. The W-2 not only contains crucial figures such as an employee's total wages or salary and the amount withheld, it also has the employer's tax...

Employers must file Form W-2 every year for each employee from whom they withheld or would have withheld income, Social Security and Medicare taxes. An employer must complete a W-2 even if the...

If everything works as planned, your W-2 will arrive in your mailbox in January, but things do not always work out. Problems can occur when you move during the year, change jobs or for no reason...

If your employer fails to provide you with an accurate W-2 form in time for you to file your tax return on time, you may have to use your paystubs to determine your income and prepare your return....

What's that you say? There's someone out there who wants to file his taxes before the tax deadline of April 15? If that is indeed the case, then you're probably wondering how to get your W-2 forms...

Nothing is certain, or so the saying goes, except death and taxes. Much of the information used to determine a person's tax liability, though, is reported by their employer. And, though many...

You do not have to be in your own business in order to take a deduction for work related tools. If your employer requires you to have certain tools and or licenses, which you must pay for...