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Here Are Your Articles for Monday, September 07, 2020
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Are You Ready To Retire Early?

The economic havoc wreaked by the pandemic, including the shuttering of many businesses and the damage to many sectors, may have you wondering whether it's time to retire. Click through for a closer look at how to retire sooner rather than later.

Touchless Payments: A Result of the COVID-19 Pandemic

Touchless payments have been around for a while, but the pandemic may give them a boost, as businesses and consumers both want to avoid physical contact. Click through to learn about how they work, and their advantages.

Is This Your Situation: Differentiating Between Independent Contractors and Employees

Identifying who is an independent contractor and who is an employee can be a complicated task, and the penalties for making an incorrect classification can be severe. Click through to make sure you understand how to correctly make this determination.

The Percentage-Withholding Method: How It Works

The calculations surrounding withholding can get very complicated, and the redesigned Form W-4 added additional wrinkles. Click through for a look at the bracket vs. percentage methods, and how the math plays out.

What to Know About Education Credits

An education credit helps with the cost of higher education by reducing the amount of tax owed on your return. Click through to get details on the American Opportunity and Lifetime Learning credits.

Kim & Lee
Kim & Lee, LLP
info@kimleecpas.com
2305 W. 190th St. Suite 100
Torrance, CA 90504
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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