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Wasatch Peaks

Wasatch Peaks


Recent posts by Wasatch Peaks

4 min read

What's a Recession?

By Wasatch Peaks on September 3, 2020

Unless you’ve been living in a bunker for the last several months, you’ve likely caught the term “recession” thrown around on the news more than once. Hearing this word being used to describe the state of the U.S. economy can trigger a range of reactions from mild anxiety to a full-blown stuffing money under the mattress panic.

Topics: Coronavirus
5 min read

IRS Dirty Dozen Tax Scams for 2020

By Wasatch Peaks on August 10, 2020

Each year, the IRS publishes the “Dirty Dozen,” a list of tax scams most prevalent during that year’s tax season. This year, with COVID-19 pushing off the federal tax deadline to July 15, the IRS held off publishing the list until early July, and of course it’s loaded with COVID-19-related scams.

Topics: Taxes Scams Security
4 min read

The Beginner's Guide to A W-4

By Wasatch Peaks on August 5, 2020

It’s no secret that the IRS excels at making things complicated. And when you’re busy learning the ropes of a new job, trying to fill out a 4-page W-4 form can be a huge hassle. It’s not a good idea to rush through it, though, because a small mistake now can mean withholding too much or too little of your salary for covering your taxes. There have also been several recent changes to the W-4, so you may need to make some adjustments to your current form on file.

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