Tax Resources for Accountants and Small Businesses (U.S.)
If you claim exemption from withholding, your employer will not withhold federal income tax from your wages. The exemption applies only to income tax, not to social security or Medicare tax. An exemption is...
Earned Income and adjusted gross income (AGI) must each be less than: $45,060 ($50,270 married filing jointly) with three or more qualifying children $41,952 ($47,162 married filing jointly) with two qualifying children $36,920 ($42,130...
Earned Income and adjusted gross income (AGI) must each be less than: $43,998 ($49,078 married filing jointly) with three or more qualifying children $40,964 ($46,044 married filing jointly) with two qualifying children $36,052 ($41,132...
What is Free File? Free File provides free federal tax prep and e-file for taxpayers, either through brand-name software or online fillable forms. This year, you have until April 15, 2014, to file and...
Free File Fillable Forms is a FREE forms-based tool enabling you to: Self-select your federal income tax forms and schedules Fill in your tax information online Perform basic mathematical calculations Print your tax return...
Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District...
2011 Form 1065 U.S. Return of Partnership Income 2011 Instruction 1065 Instructions for Form 1065 (2011) Form 1065 is used for reporting the income, gains, losses, deductions, credits for partnerships. A partnership does not...
IRS Tax Calendar 2012 for Small Business and Self-Employed Calendar in pdf Desktop version Tax calendar subscription
Two Extra Days to File and Pay Taxpayers across the nation will have until Tuesday, April 17, 2012, to file their 2011 income tax returns and pay any taxes due. Taxpayers have extra time...
The Internal Revenue Service today opened the 2012 tax filing season by announcing that taxpayers have until April 17 to file their tax returns. The IRS encourages taxpayers to e-file as it is the...
Applicable Federal Rates (AFR) for December 2011
The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from 6.2 percent to...
Are you planning to outsource payrolls to payroll service provider? Outsourcing payroll duties to third-party service providers can streamline business operations, but the IRS reminds employers that they are ultimately responsible for paying federal...
How many return preparers will be visited by IRS revenue agents prior to and during the 2012 filing season? What is the purpose of the visits? IRS revenue agents will be conducting approximately 2,100...
IRS compares the information reported by employers, banks, businesses and other payers on forms W-2, 1098, 1099, etc., with income and deductions reported on your income tax return. If you failed to report any...
Form W–9 Instruction W–9 How Do I Know When To Use Form W-9? Use Form W-9 to request the taxpayer identification number (TIN) of a U.S. person (including a resident alien) and to request...
IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitations will change for 2012 because the...
What is section 6050W of the Internal Revenue Code? Section 6050W was added by section 3091 of the Housing Assistance Tax Act of 2008 and requires information returns to be made by certain payors...
The Internal Revenue Service announced that the nation’s 738,000 tax return preparers who have Preparer Tax Identification Numbers (PTINs) can now renew their PTINs for the 2012 filing season. Preparers are required to renew...
Publication 926 – Introductory Material What’s New Reminder Introduction Tax questions. Publication 926 – Main Content Do You Have a Household Employee? Can Your Employee Legally Work in the United States? Do You Need...
