federal income tax

2009/08/19

Gambling Income and Expenses – Tax Requirements

Hit a big one? With more and more gambling establishments, keep in mind the IRS requires people to report all gambling winnings as income on their tax return.

Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races … Read the rest –>

Tags: federal income tax, income tax, return, tax, tax return.

Filed under Tax Refunds by taxrefunds on Aug 19th, 2009.

2009/08/13

Employment Taxes What Are They?

If you have employees, you are responsible for paying a variety of taxes at the federal, state, and local levels. You must also withhold certain taxes from the paychecks of your employees. So, what are employment taxes?

Employment taxes include the following.

1. Federal … Read the rest –>

Tags: federal income tax, federal tax, income tax, income taxes, return, social security tax, tax, tax return, tax withholding, taxes.

Filed under Tax Refunds by taxrefunds on Aug 13th, 2009.

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