What’s new and what to consider for the 2023 tax-filing season

The IRS continues to provide tips to help tax professionals and taxpayers as we approach the 2023 tax filing season. The agency provides a page to help taxpayers “get a jump” on their 2023 taxes, which is updated periodically. Professionals struggling with late and unprepared clients – the top challenge that firms reported struggling with in 2022, according to our 2022 Annual […]

What Is a W-4 Form? How to Fill Out an Employee’s Withholding Certificate

What is a Form W-4? A W-4 form, formally titled “Employee’s Withholding Certificate,” is an IRS form that tells employers how much tax to withhold from each paycheck. Employers use the W-4 to calculate certain payroll taxes and remit the taxes to the IRS and the state (if applicable) on behalf of employees. You do not have to fill out […]