What Are Estimated Tax Payments & Who Has to Make Them

The IRS requires you to pay income tax as you earn income. When you are an employee that receives a W2, your tax is already paid evenly throughout the year. This is done when your employer withholds federal income tax from your paycheck every pay period, then remits that money to the IRS throughout the year. But what happens when …

Tax Tips for Gamblers

There are three casinos within a twenty mile radius of Hiawatha. A majority of citizens in our area have visited one of these casinos, and some have even managed to win big. Regardless of how often you gamble or the size of your winnings, there are some things to consider to prevent issues with the IRS and your tax return. …