Maria Murphy
Maria Murphy
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Excise taxes: Does your business need to file a federal excise tax return?
Find out if your business needed to file a federal excise tax return.
Understanding federal payroll tax payments, including FUTA and SUTA
Understanding how FUTA and SUTA work with federal payroll tax payments is an important part of protecting your business and employees.
What are federal tax brackets?
In the U.S., different levels of income are taxed at different rates. Federal tax brackets indicate the rate to be paid on each level of taxable…
What is modified adjusted gross income (MAGI)?
How the IRS defines and calculates different types of income affects taxes due. Modified adjusted gross income is one of them. MAGI is also used to…
How do I reach IRS customer service?
Getting help from the IR can be challenging. If you have questions and need clarifications that can't wait, here are a number of ways to reach IRS…
What is the employer payroll tax deferral?
In 2020, the CARES Act provided relief in the form of delayed timing of certain payroll taxes to help businesses with cash flow challenges during the…
What is the IRS standard mileage rate?
The Internal Revenue Service issued the standard mileage rates to be used to calculate deductible costs of using a car for business, charitable,…
State tax apportionment
Apportionment divides business income subject to state corporate income or other business taxes to jurisdictions based on formulas to determine taxes…
Why your business needs help understanding the tax code
The U.S. tax code is very complicated, and compliance is not optional. Fully understanding the code and supporting documents is not a one-person job…
What is a tax levy?
If you receive a tax bill from the IRS but do not pay your taxes or make any arrangements to settle your tax liability, you could face the risk of a…