by briesterer@thinkvisionary.com | Mar 19, 2020 | COVID-19
Employers Can Immediately Provide Tax-Free Qualified Disaster Payments to Employees in Connection With COVID-19 Employers are scrambling to find ways to help their employees who are impacted by the novel coronavirus (COVID-19). Help is available. Now that the COVID-19...
by briesterer@thinkvisionary.com | Mar 18, 2020 | COVID-19
IRS Releases COVID-19 Payment Relief The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020, although...
by briesterer@thinkvisionary.com | Mar 2, 2020 | Newsletter
What to Do If You Are Missing Important Tax Forms If you are ready to file your taxes but are missing important tax forms here’s what you should do: Form W-2 You should receive a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing...
by briesterer@thinkvisionary.com | Mar 1, 2020 | Newsletter
Are Social Security Benefits Taxable? Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI) payments, which are not taxable. Generally, you pay federal income taxes on your Social...
by briesterer@thinkvisionary.com | Feb 29, 2020 | Newsletter
Worker Classification: Employee vs. Contractor If you hire someone for a long-term, full-time project or a series of projects that are likely to last for an extended period, you must pay special attention to the difference between independent contractors and...
