W-4

Give Withholdings and Payments a Check-up to Avoid a Tax Surprise

The IRS has come out with some Pre-Tax season tips to help taxpayers avoid being caught by surprise by not having enough income tax withheld from their paycheck(s). Imagine, you’ve just booked your airfare and hotel accommodations for the perfect … read more

What Are Payroll Taxes?

Payroll taxes are the state and federal taxes that employers are required to withhold and remit to the Government on behalf of employees.  Employers are required to withhold state and federal income taxes, as well as Social Security and Medicare … read more

Check Your Withholding: Put More Money in Your Pocket Now or Prevent Tax Bills Later

It’s not too late to adjust your 2012 tax withholding to avoid big tax refunds or tax bills when you file your tax return next year. You should act soon to adjust your tax withholding to bring the taxes you … read more

Students With A Job

“Mom, I have a job!”  That is music to any parent’s ears when their teenager announces this with such excitement and glee. As a CPA, I also looked upon this as way for my children to learn about the tax … read more

Getting Married – Do You Pay More Taxes?

Are you thinking of getting married in 2012?  Income taxes for most newly married couples are the last thing on their minds. The overall reality is that in most cases this is going to cause problems of newlywed aggravation.  In … read more

The IRS Website – Top 10 Helpful Features

The IRS has an excellent website, full of helpful information and online support.  The IRS recently released the top 10 reasons to visit www.irs.gov. 1. Unlimited access – get answers 24 hours a day, seven days a week  The website … read more

Payroll Tax Cut to Boost the Take-Home Pay for Most Working Individuals

Have you heard the news? Congress has reduced Payroll taxes for the 2011 year, and the Internal Revenue Service has just released information to help employers implement the new cuts, along with the new income-tax withholding tables that employers will … read more

Year-End Payroll Processing Reminders

It’s that time of year again; time to start preparing for year-end payroll processing.  The filing deadline for 2010 Forms 940, 943, 944, 945, and fourth quarter 2010 Form 941 is January 31, 2011.  W-2s and 1099 forms must be … read more

Tips for Students With a Summer Time Job

The summer is almost over and many students are working or had been working summer jobs.  Some of these students may not realize that taxes will have to be paid on their earnings.  They may be under the impression that because it is only a … read more

Welcome


There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne, LLP we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.


Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!


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