tenquestion.com - A Tax Guide That Saves You Money !

Capital gains calculator will help you to estimate tax on long term capital gains or short term capital gains

Form 944 is a great step to reduce the compliance burden for the smallest employers. As you must be aware that an employer is required to withhold taxes from employee wages, then file and deposit the payroll taxes. After that, company…

IRS interest calculator helps you compute the interest on the outstanding amount of tax as on due date. As you know the filing extension does not mean the extension of time to pay

When you earn income by providing services inside the U.S., section 1441 of the Internal Revenue Code lays down that payer needs to withheld tax from payments made to foreign vendors unless the income is exempt under a tax treaty between…

What is backup withholding?  is a good and common question for many. It is nothing but the tax deduction at source by the payer off certain kinds of payments. Under the Internal Revenue Code, persons making certain payments are required to…

Can a self employed Individual claim health insurance deduction from taxable income? The answer is definitely yes. Anyone who has self-employment income can claim health insurance deduction, not only for the premium paid for himself but for…

The Tax Cuts & Jobs Act has brought a new provision in the Internal Revenue Code to provide  20% tax deduction for all self-employed or freelancers or estate or trust from a partnership, S corporation or sole proprietorship or s…

Sexual harassment payouts will be more painful for the people or organisation who commits or at lease accept the same indirectly by opting for the settlement with the alleger. The just passed The Tax Cuts & Jobs Act law has modified…

A self-employed person has to pay self employment tax and complete Schedule SE , include payments for services on Schedule C (Form 1040), Profit or Loss From Business (Sole Proprietorship). But before all that one other legal responsibility…