What are you required to claim on your taxes?
I work for a company that sends out checks, without taxes being removed. I was told that I should save at least 25% of what I make for taxes at the end of the year, but is that even necessary? Is there a way for the IRS to really know that I am receiving this money if I don’t have pay stubs or anything like that? BTW I’m in New Jersey if that helps.
This question is in the General Section. Responses must be helpful and on-topic.