by Candace Hackborn | Aug 18, 2022 | Uncategorized
When is tax season? Everybody who works is legally required to contribute taxes to the government. Failure to pay taxes on time can result in penalties which can quickly add up if you are not careful. Therefore, it is important to know when is tax season to ensure you...
by Candace Hackborn | Aug 16, 2022 | Uncategorized
What is federal income tax? There are numerous types of taxes that most working people end up having to pay. These taxes can be levied by the government at all levels from local to federal. The income tax is one that is levied by the federal government each year on...
by Brennan Clark | Nov 2, 2021 | Uncategorized
For the most part, you should avoid making early withdrawals from your 401(k) account since this can trigger being charged a penalty by the Internal Revenue Service (IRS). Withdrawing funds prior to reaching 59 ½ years of age could result in the IRS levying a 10%...