In IR 2018-149, the Service highlighted tax tips for the summer season. While most taxpayers are understandably thinking about barbeques and summer
vacations, the IRS offered seven summertime suggestions that may affect taxpayers.
Summer Jobs - Many students and younger individuals work during the summer. They may not have earned enough to owe income tax, but their
employers will withhold Social Security and Medicare taxes from their pay. If the individual is self-employed, he or she must pay Social Security and
Medicare taxes even if there is no income tax obligation.... Learn More
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