eprivateclient took a brief look at what’s been going on in the North America region…
The US Internal Revenue Service have stated its new Tax Withholding Estimator tool includes a feature which should make it easier for employees who also receive self-employment income to accurately estimate the right amount of tax to have taken out of their pay. The estimator is a mobile-friendly online tool that replaced the Withholding Calculator, which was created in 2001. This old calculator lacked features geared to self-employed individuals, which the new estimator aims to address.
With only a t...