GTE Tax Blogs

Tips for Students Planning to Work During the Summer

As the summer break from school approaches, both parents and students should be aware of the tax issues that need to be considered.

August 2022 Business Due Dates for Businesses

August 1 - Social Security, Medicare, and Withheld Income Tax File Form 941 for the second quarter of 2022.

August 2022 Individual Due Dates for Individuals Taxpayers

If you are an employee and received tips of more than $20 in tips during July, you are required to report them to your employer.

IRS Form 1099-K Will Be Issued in 2023 If You Received $600+

Effective for 2022 and later years, Congress reduced the threshold for the Form 1099-K filing requirement from $20,000 to a mere $600.

Business Deductions Maximized in Many Ways Than One

As a small business owner, you should always be on the lookout for legitimate ways to minimize your taxes. Don't miss opportunities.