Who is eligible for the Economic Impact Payment? U.S. citizens or resident aliens who: Have a valid Social Security number, Could not be claimed as a dependent of another taxpayer, and Had adjusted gross income under certain limits. Who will receive the Economic Impact Payment automatically without taking additional steps? Most eligible U.S. taxpayers will automatically […]
Category: Tax Updates
So It Begins.. Oh Those W4’s.
The W4 form is where it begins! This is the first in a series of steps that IRS will take to help improve the accuracy of withholding following major changes made by the new tax law. Employers will begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018. […]
