Free version available for Simple Form 1040 returns ... The importance of tax withholding Remember, one of the big reasons you file a tax return is to calculate the taxes on all of your taxable ...

Now that tax season has arrived, you might be wondering whether or not you’ll owe the government money this year. How much ...

When you run a business, you are required to calculate payroll withholding for Social Security and Medicare, collectively referred to as FICA. Calculating these payroll taxes is simple because ...

Note: Self-employed individuals and those with other tax situations may also use the W-4 form to calculate withholding; more on that below.