Sentences with phrase «filing your taxes correctly»

Because 95 % + taxpayers can obtain nearly everything they need in Pub 17 to guide them to filing their taxes correctly, that document is the most useful one.

Example, let's say I have paid $ 1000 in interest, when I file my taxes correctly, will I receive this $ 1000 back in my tax return?

Getting yourself prepared will alleviate stress and make you confident about filing your taxes correctly.

Not only could you get audited if you don't file your taxes correctly, but you could end up paying more money than you should!

My son has worked a couple of other jobs on the side with his full time job, so making sure that he has his W - 2 form, wage, and tax statement forms from his employers will help ensure that he'll file his taxes correctly in time.

So, if you are trading bitcoin in South Africa or are receiving bitcoin payments as a freelancer or remote workers or an online retailer do not forget to tax your bitcoin income accordingly as you could face fines from the tax authority for not filing your taxes correctly.

Not exact matches

Please be sure to consult a tax professional before filing your taxes to ensure that you can, in fact, file as a business and are doing so correctly.

In order to accurately prepare and file your taxes, it's important to answer all the questions correctly.

It is known that the IRS generally audits tax returns based on discrepancies, but are people (including those who file correctly) still subjected to being randomly audited?

If all the income is always joint and owned together, then each spouse writes 50 % on the respective tax return (which only one of you is filing, if I understand correctly).

Sometimes we all need a little bit of reassurance that we're doing things legally and correctly, especially if it's filing your taxes for the first time.

Additionally, workers must be correctly categorized as employees or contractors so that taxes can be filed accordingly.

Filing your taxes on your own is all well and good, but sometimes you want to get a professional involved so you can be sure that you're doing everything correctly and aren't paying more than you owe.

«This year is unique with overlapping changes, so make sure your taxes are filed correctly, to avoid overpaying the IRS,» warns Buck Vice President of GreatFlorida Insurance, Florida's top independent homeowners insurance agency.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

• Pull out information for verification purposes • Verify the correctness and completeness of information and records • Ensure all figures and postings are correctly recorded and in the correct file • Manage payroll audit functions • Manage scrutiny of expense accounts • Compute totals several times to bring out accurate figures • Complete tax forms as appropriate and manage returns in a timely manner

Even if you have nothing to split (a simple divorce) and just want to make sure you are divorced before the end of the year for tax reasons, you will want to make sure you are filing correctly so as to avoid delays in getting your decree in the tax year that you both desire.