2020 and the need to update your W-4

As the TCJA removed exemptions in favor of an increased standard deduction, many taxpayers found themselves under withheld on their wages. To transition from the old tax system into the new one, the IRS recently released new withholding tables and updated Form W-4 for...

Texas Wayfair Sales Tax Updates

TEXAS TAX RESPONSIBILITIES AND RESOURCES FOR SELLERS AFTER WAYFAIR As a result of the U.S. Supreme Court’s June 21, 2018 decision in South Dakota v. Wayfair, Texas businesses selling items or services into other states may be required to collect taxes for those...