2013 Individual Federal Income Tax Return Changes
Standard mileage rates. The 2013 rate for business use of your car is increased to 56½ cents a mile. The 2013 rate for use of your car to get medical care is increased to 24...
Category: IRS
US Tax Court Decision – Shea Homes, Inc.
SHEA HOMES, INC. AND SUBSIDIARIES, ET AL.,1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 29271-09, 1400-10, Filed February 12, 2014. Full text of court decision: Shea Homes, Inc – U.S. Tax Court...
IRS Employment Tax Reporting and Deposit Due Dates in 2014
Reporting Due Dates Generally, employers must report wages, tips and other compensation paid to an employee by filing the required form(s) to the IRS. You must also report on the taxes you...
2013 Federal Individual Tax Return Forms, Instructions and News
Like Share Print Form 1040, U.S. Individual Income Tax Return Annual income tax return filed by citizens or residents of the United States. Instructions for Form 1040 Forms and Schedules for Form 1040 2013...
Updated IRS Smartphone App IRS2Go Version 4.0
IRS2Go on iTunes IRS2Go on Google play The redesigned IRS2Go provides new features for taxpayers to access the latest information to help them in the preparation of their tax returns. In this version, IRS2Go highlights...
2020 Withholding Calculator (IRS)
Click here to enter 2020 IRS Withholding Calculator This calculator have five steps . First you have to enter what filing status will you use on your 2020 Income Tax Return: will it be...
Suspension of Tax Court Operations During Federal Government Shutdown
This notice describes the suspension of Tax Court operations because of the Federal government shutdown beginning on October 1, 2013. Trial Sessions Beginning After October 1, 2013 Notice of the cancellation of any trial...
Limited IRS Operations During Goverment Shutdown
Due to the current lapse in appropriations, IRS operations are limited. However, the underlying tax law remains in effect, and all taxpayers should continue to meet their tax obligations as normal. Individuals and businesses...
Form 1099-MISC
File Form 1099-MISC, Miscellaneous Income, for each person to whom you have paid during the year: At least $10 in royalties (see the instructions for box 2) or broker payments in lieu of dividends...
I received a notice related to Form 1099-K
You received one or more of these letters and notices because you may have underreported your gross receipts. This is based on your tax return and Form(s) 1099-K, Payment/Merchant Cards and Third Party Network...
Fall 2013 B Notices: Notice 1430 – Information about Your Form 1099-K (august 2013)
Why you are receiving this notice? Your name and taxpayer identification number (TIN) submitted on Form 1099-K,Payment Card and Third Party Network Transactions, by a payment card processor or third-party settlement organization does not...
Penalty Relief and Schedule for ‘B’ Notices for Payment Card and Third Party Network Transactions
Internal Revenue Bulletin: 2013-39 – Notice 2013-56 Transitional Penalty Relief and Schedule for Notices of Incorrect Name/TIN Combinations for Information Returns Relating to Payment Card and Third Party Network Transactions Notice 2013- 56 provides...
IRS CP2000 notices 2013
IRS discovered interest calculation errors in the CP2000 notices mailed the weeks of July 1 and July 8. The notices contained an incorrect calculation on the interest owed on proposed taxes from under reported...
IRS Important Tax Dates for Small Businesses – February 2013
Fri 1 Deposit payroll tax for payments on Jan 26-29 if the semiweekly deposit rule applies. Wed 6 Deposit payroll tax for payments on Jan 30 – Feb 1 if the semiweekly deposit rule...
AccuWage Software 2012
In order to run the Java version of the AccuWage/AccuW2C software, you must have the necessary Java Runtime Environment (JRE) files on your PC. Most users already have these files on their systems because...
2013 Health Flexible Spending Arrangements
Health flexible spending arrangements not subject to $2,500 limit on salary reduction contributions for plan years beginning before 2013 and comments requested on potential modification of use-or-lose rule. Notice 2012-40 I. PURPOSE AND OVERVIEW...
2013 Transit Benefit Cap
To reflect a statutory amendment made by ATRA to § 132(f)(2), section 3.12 of Rev. Proc. 2011-52 is modified to read as follows: .12 Qualified Transportation Fringe Benefit. For taxable years beginning in 2012,...
Simplified Option for Claiming Home Office Deduction for Home-Based Businesses (2013)
The new optional deduction, capped at $1,500 per year based on $5 a square foot for up to 300 square feet, will reduce the paperwork and recordkeeping burden on small businesses by an estimated...
Annual Inflation Adjustments for Tax Year 2013
IRS announced annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. The tax items for 2013 of...
IRS Updated Withholding Guidance for 2013
Jan. 3, 2013 The Internal Revenue Service released updated income-tax withholding tables for 2013 reflecting this week’s changes by Congress. The updated tables, issued today after President Obama signed the changes into law, show...