IRS Trust Fund Recovery Penalty
If you have the duty to collect and pay employment taxes, this article is a must read. Every time an employer pays an employee, they withhold a percentage for contributions for Medicare and Social Security, also known as FICA (Federal Insurance Contributions Act), and income tax. The income tax withholdings are known as Trust Fund […]
Tax Debt Solutions for Doctors Part 1
Like all other professions and businesses, Federal tax law requires doctors to report income, track day-to-day expenses, and remit taxes when they are due. Doctors who also have medical practices are required to file and pay quarterly 940 and 941 payroll taxes. When doctors don’t pay their taxes, similar to all other businesses and professions, […]
J. David Tax Law Wins Prestigious Client Satisfaction Awards & Partner Accolades
JACKSONVILLE, Fla., Feb. 26, 2019 – J. David Tax Law®, one of the nation’s most established and recognized tax firms, is pleased to announce that the firm has been selected as a 2019 Best Tax Firm by Folio Weekly readers and its Managing Partner, Jonathan David Sooriash has been selected a 2019 Ultimate Tax Attorney […]