Making estimated tax payments throughout the year can prevent an unexpected year-end tax bill and save you potential underpayment penalties.—Darrell Kamholz
Your income tax return is ready to go. Your cash flow, unfortunately, is not as ready.—Albana Sula
Ever wondered what “are you subject to backup withholding” means when you see it on account applications?—Amy Bidleman
The Tax Cuts and Jobs Act increased the “kiddie tax” rates for a child’s unearned income.—Smita Patel
While a Roth 401(k) and after-tax 401(k) involve making contributions using after-tax dollars, the two differ in a few key ways.—Tiffany Wong
The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.