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  • About Timpe
    • About Timpe
    • Contact Us
  • Services
    • Accounting & Tax
    • Legal Services
    • Timpe Investment Advisory Services
    • Payroll
  • Client Tools
    • Form Download
    • Secure Portal
  • Pay Online
  • Client News & Information
    • Client Update Newsletter
    • Tax & Business Newsletter
    • Tax Planning Insights
    • Tax Tips

Archives

Monthly Archive for: "August, 2020"
 Will You Have to Pay Tax on Your Social Security Benefits?
0
By Gary Timpe
In Taxes
Posted August 25, 2020

Will You Have to Pay Tax on Your Social Security Benefits?

If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if so, how much will you have to pay? It depends on your other income. If you’re [...]

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 What happens if an individual can’t pay taxes
0
By Gary Timpe
In Taxes
Posted August 18, 2020

What happens if an individual can’t pay taxes

While you probably don’t have any problems paying your tax bills, you may wonder: What happens in the event you (or someone you know) can’t pay taxes on time? Here’s a look at the options. Most [...]

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 More parents may owe “nanny tax” this year, due to COVID-19
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By Gary Timpe
In Taxes
Posted August 11, 2020

More parents may owe “nanny tax” this year, due to COVID-19

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed. This may result in federal “nanny tax” obligations. Keep in mind [...]

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 The tax implications of employer-provided life insurance
0
By Gary Timpe
In Taxes
Posted August 4, 2020

The tax implications of employer-provided life insurance

Does your employer provide you with group term life insurance? If so, and if the coverage is higher than $50,000, this employee benefit may create undesirable income tax consequences for you. [...]

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