Posts Tagged ‘ Payroll Deductions ’


  

How much can I increase my payroll deductions?

Oct 3rd, 2009 | By How To Do Anything | Category: How to do Payroll

  



I have made an offer on a condo for my very first home purchase. I have always heard people say that you can increase your payroll deductions to get more in your paycheck because of the interest write-off. But how do I determine how much to raise it to without running the risk of having to pay income tax at the end of the year?

Payroll accounting 2009

Tags: , , Posted in How to do Payroll | No Comments »


Will the IRS automatically stop payroll deductions after I am paid in full?

May 21st, 2009 | By How To Do Anything | Category: How to do Payroll



I am currently paying the irs for back taxes through a payroll deduction, my refund from this year will clear my balance. Do I need to contact my payroll department and/or the IRS to discontinue the deduction or will it stop automatically.
The IRS didnt contact my employer I set it up, its not a garnishment its actually a installment plan that I am paying through a payroll deduction.

Payroll accounting 2009

Tags: , , Posted in How to do Payroll | 2 comments