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 …

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. …

How do the tax brackets work? If you earn enough money to enter a higher tax bracket, do you take home less than if you stayed in a lower bracket? While this is a common question I answer, it is absolute fiction. Unfortunately our tax code is so complex that we have trouble wrapping our minds around this concept. The …

Business owners to hire residents of Brown or Atchison County may be eligible to receive a federal tax credit called the Work Opportunity Tax Credit (WOTC). The WOTC provides a tax credit to employers who hires an employee that is a resident of a rural renewal county; Atchison and Brown Counties are two of the counties that fall under this …