Category : Taxes : Business & Finance

What Does ERO Stand for on Taxes?

Taxes
The electronic return originator, ERO, is a person or business that originates federal income tax returns electronically for the Internal Revenue Service, IRS. The IRS requires application and approval to be an ERO. Upon approval, the IRS identifies the ERO by an EFIN, or electronic filer identifica

How to Claim Tax Withholding

Taxes
Every year, some taxpayers inevitably end up paying more or receiving lower refunds than they should because they forget to subtract their tax withholding from their actual tax bill. Neglecting to do this requires you to file an amended return and wait for weeks to get your adjustment, which can res

Are Union Dues Taken Out Before Taxes?

Taxes
Individual workers often have little power to bargain with employers for better pay, benefits or work conditions, which prompts some workers to join labor unions that negotiate with employers on behalf of their members. Union workers often enjoy higher pay and benefits than nonunion workers, but the

The Salary of an Army Green Beret

Taxes
Members of the U.S. military's Special Forces, known as Green Berets due to their unique headgear, do duty assignments on a worldwide scale. This includes active duty assignments in counter-terrorism, foreign internal defense and direct action assaults. They also train, equip and support foreign tr

When Do I Need a 1099-R Substitute?

Taxes
The Internal Revenue Service (IRS) requires an employer or profit-sharing administrator to issue documentation showing wages, additional income and tax withholdings, so a taxpayer can use the document for tax filing purposes. Income from retirement plans, annuities, IRAs and insurance contracts is u

How to Do Your Back Income Taxes

Taxes
Sometimes people just forget about doing their yearly income taxes and then realize that they must do them to follow the law. However, you may have waited a few years before deciding that you should file your income taxes. You need to know how to do your back income taxes in order to comply with the