Category Archives: Uncategorized

Many students hold a summer job during their time off from school.  Here are some tax issues that should be considered when working a summer job. Completing Form W-4 When Starting a New Job – This form is used by … Continue reading →

To prevent parents from placing investments in their children’s names to take advantage of the child’s lower tax rate, Congress created, several years back, what is referred to as the “Kiddie Tax”.  Under the Kiddie Tax, a child’s investment income in excess … Continue reading →

October 2010 October 11 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070 … Continue reading →