W-4 Form 2021 Printable PDF

W-4 Form 2021 Printable PDF

Form W-4 2021 is the IRS tax form every employee should file in 2021 to adjust taxes withheld. It can be obtained for free by downloading the printable version. Those who need to file and send Form W-4 to their employer can get the electronic version from here. The reason why you should fill out […]

Federal Government Subsidized Health Coverage 2021

Federal Government Subsidized Health Coverage 2021

After the Affordable Care Act, the federal government required every person in the United States to carry some form of health insurance. Since the cost of health insurance is quite high in the United States, the federal government then introduced the Health Insurance Marketplace. Ever since then, you can get government-subsidized health insurance through the […]

Renters Insurance for Apartments

Renters Insurance for Apartments

Renters insurance is a type of insurance that protects your personal belongings while you’re renting out an apartment or a house. Although it isn’t required by federal law, the landlord may require the tenant to hold a renters insurance. This type of insurance is mostly required in most apartment complexes. The reason why it’s required […]

Employer Tax Withholding Tables

Employer Tax Withholding Tables

The employer tax withholding tables is what the employers will use to figure out income tax withholding with Form W-4 of an employee. This is how employers will determine the needed tax withholding. The tax withholding tables work simple. The employer will withhold tax proportional to the employee’s anticipated taxable income. For the employer to […]

Updated Standard Deduction 2021

Updated Standard Deduction 2021

The standard deduction is updated by the Internal Revenue Service for every tax year. For the 2021 tax season, we expect sizable tax reliefs for taxpayers due to the economic impacts of the COVID-19. The standard deduction is likely to be increased but just because it’s gone up doesn’t mean you should take it. Before […]

Itemizing vs. Standard Deduction

Itemizing vs. Standard Deduction

Both itemizing and the standard deduction is a way for taxpayers to reduce taxable income. The differences between itemizing and standard deduction isn’t so complicated. In this article, you can learn how these differnet types of deduction affect taxes your adjusted gross income. First and foremost, as a general rule in taxes, you should always […]

Tax Filing Deadline and Tax Extension 2021

Tax Filing Deadline and Tax Extension 2021

Tax Filing Deadline in 2021 is April 15 as usual. However, there are other ways around the tax filing deadline. A tax extension is way you can choose to get yourself more time to file a tax return. As long as you don’t owe to the IRS, you always have the option to request more […]

Taxes Withheld on W-2 Wage and Tax Statement

Taxes Withheld on W-2 Wage and Tax Statement

Taxes withheld can be seen in the Form W-2 employers issue on Box 2. This tax form, Form W-2 is also known as the Wage and Tax Statement. In 2021, you should receive this by January 31st from your employer. If you haven’t received your W-2 from your employer, you can file a Form 4852 […]

Form 1040 Mailing Address 2021

Form 1040 Mailing Address 2021

Form 1040 Mailing Address is the same as any other year. Although it is recommended that every taxpayer should file taxes electronically, you may be required to file a paper tax return in 2021. The most common reason why you are basically forced to file a tax return on paper is not receiving Forms W-2 […]

Where's My Refund 2021

Where’s My Refund 2021

Where’s My Refund 2021 is an IRS where you can use it to see everything about your tax refund. It is for tracking the status of a tax refund. For the 2020 taxes you filed in the 2021 tax season, you can use the Where’s My Refund tool to track your refund. That’s assuming you […]

Taxes Withheld Definition

Taxes Withheld Definition

Taxes withheld is one of the most commonly came crossed term for tax purposes. It has to do with how we pay taxes. The taxes withheld definition is the amount of money taken from your income to pay for your taxes. If you’re a worker who’s working for an employer, you should see it often […]