If you have one job and you overpaid the Social Security tax, you would need to request your employer for a refund. Meanwhile, if you have multiple jobs, you could claim the overpayment using Form 1040. Additionally, if you owe any taxes, the IRS would automatically deduct the amount from your refund to pay them …
One of the most significant contributors to the challenge of hotel accounting is that hotels rarely close. In most cases, hotels are open for business 24 hours a day, 365 days a year. In addition, hotel activities are virtually endless and generate transactions every day of the year. Each department has its own unique set …
Hotel Accounting 101: Understanding Financial Management in this 24 7 Industry Read More »