by briesterer@thinkvisionary.com | Aug 4, 2021 | Individuals, Newsletter
According to the US Small Business Administration, small businesses employ half of all private-sector employees in the United States. However, a majority of small businesses do not offer their workers retirement savings benefits. If you’re like many other small...
by briesterer@thinkvisionary.com | Jul 6, 2021 | Individuals, Newsletter
Six Steps to Protect Against Taxpayer ID Theft Tax-related identity theft occurs when someone uses a taxpayer’s stolen personal information, such as a Social Security number, to file a tax return claiming a false refund. Thieves are actively working to steal...
by briesterer@thinkvisionary.com | Jul 5, 2021 | Individuals, Newsletter
What to Know About Backup Withholding Backup withholding is a federal tax on income that otherwise typically doesn’t require tax withholding, such as 1099 and W2-G income. Taxpayers who receive this type of income may have backup withholding deducted from their...
by briesterer@thinkvisionary.com | Jul 2, 2021 | Business, Individuals, Newsletter
Employee Relocation: What Happens to Your Home? Employees and small business owners often have questions about what to do with an employee’s home – and what the tax consequences might be – when they move to a new job location. Here are some answers:...
by briesterer@thinkvisionary.com | Jun 3, 2021 | Individuals, Newsletter
[vc_row][vc_column][vc_column_text] Tips for Students with a Summer Job If your child is a student with a summer job, the income your child earns over the summer is considered taxable income. Here’s what they should know: Form W-4. When anyone gets a new job,...
by briesterer@thinkvisionary.com | Jun 2, 2021 | Individuals, Newsletter
[vc_row][vc_column][vc_column_text] HSA Limits Increase for 2022 Contributions to a Health Savings Account (HSA) are used to pay current or future medical expenses of the account owner, his or her spouse, and any qualified dependent and are adjusted annually for...
