Powerful Promoter, Matt Bacak Explains Federal Income Tax

Released on: January 24, 2008, 5:19 am

Press Release Author: Matt Bacak

Industry: Internet & Online

Press Release Summary: "Matt Bacak Says "Employers Must Understand Tax Laws"

Press Release Body: Powerful Promoter Matt Bacak, the internet marketing and
promotions expert explains the federal income tax laws to entrepreneurs. Matt Bacak
shares his years of experience and expertise by sharing his knowledge in employment
tax laws as it relates to federal income tax. Powerful Promoter, Matt Bacak stresses
the importance of understanding employment laws hiring employees. "There is much
more to hiring an employee than giving them a job," Matt says.

Powerful Promoter, Matt Bacak, gives a breakdown of the federal income tax laws as
it relates to the employee. Matt explains to new employers their responsibility in
providing a form w-4 which employees use to identify their withholding status and
claim exemptions. Matt also covers publications which are available from the IRS
which help employees assists in determining how many exemptions to claim.

Powerful Promoter, Matt Bacak, also explains how it is the employer's responsibility
to withhold the federal income tax from the employees pay and forward to the
government. Matt also gives a breakdown of certain employee "pre tax" contributions
which are exempt from immediate federal withholdings such as 401K plans and other
retirement saving plans.

Powerful Promoter, Matt Bacak, advises employers on the process of providing form w2
which gives an end of the year statement of gross, and net earnings as well as
federal, state and local withholdings. Powerful Promoter, Matt Bacak, suggests
employers keep accurate records and up to date w4 forms for each employee. Powerful
Promoter, Matt Bacak, continues to share his experience and expertise on his
website. The article is available along with other free articles on the Powerful
Promoter's website at www.powerfulpromoter.com.


More Information about Powerful Promoter, Matt Bacak:
Powerful Promoter, Matt Bacak, is a very much sought after internet marketer who has
worked for some of the world's top experts. An experienced entrepreneur, he lends
his experience through consultations, workshops and speaking engagements. His
ability to "fill the room" from email advertising has many businesses lining up for
his assistance and expertise. For more information on services and to review the
free tips on business networking, visit the website www.powerfulpromoter.com.
.
Contact details
Matt Bacak
Powerful Promoter
T: 770-271-1536
E: mattwb@powerfulpromoter.com
This PR has been submitted by TrafficMagicians.com


Web Site: http://www.powerfulpromoter.com

Contact Details: Frontier Marketing Intl, LLC
1140 Old Peachtree Rd, Suite D,
Duluth,GA 30097,
USA
770-271-1536
Email: mattwb@powerfulpromoter.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •