Tax Resources for Accountants and Small Businesses (U.S.)
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...
Income Tax Forms 540 2EZ Form (Math) 2012 California Resident Income Tax Return (Fill-in with math features & save) 540 2EZ Form 2012 California Resident Income Tax Return 540 Form 2012 California Resident Income...
The tax relief postpones various tax filing and payment deadlines that occurred starting in late October. As a result, affected individuals and businesses will have until Feb. 1, 2013 to file these returns and...
Cafeteria plan A cafeteria plan, including an FSA, provides participants an opportunity to receive qualified benefits on a pre-tax basis. It is a written plan that allows your employees to choose between receiving cash...
Second B Notice IMPORTANT TA X NOTICE ACTION IS REQUIRED Second Backup Withholding Warning! YOU MUST HAVE THE IRS OR SSA VALIDATE YOUR TAXPAYER IDENTIFICATION NUMBER AND RETURN IT TO US: ________________________________. Otherwise, backup...
Internal Revenue Bulletin: 2012-14 April 2, 2012 Rev. Proc. 2012-20 Table of Contents SECTION 1. PURPOSE SECTION 2. BACKGROUND SECTION 3. SCOPE SECTION 4. APPLICATION SECTION 5. CHANGES IN METHODS OF ACCOUNTING SECTION 6....
Internal Revenue Bulletin: 2012-14 April 2, 2012 Rev. Proc. 2012-19 Table of Contents SECTION 1. PURPOSE SECTION 2. BACKGROUND SECTION 3. SCOPE SECTION 4. CHANGES IN METHODS OF ACCOUNTING SECTION 5. EFFECT ON OTHER...
First B Notice IMPORTANT TA X NOTICE ACTION IS REQUIRED Backup Withholding Warning! We need a Form W-9 from you before: _______________________. Otherwise; backup withholding will begin on Account Number Current Name on Account...
Here is link to IRS Publication 1281 – which covers Backup Withholding for Missing and Incorrect Name/TINs. TABLE OF CONTENTS Part 1- Introduction • Backup Withholding Rate/Effective Dates 3 Part 2 – Frequently Asked...
The Internal Revenue Service urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the...
Penalty Computation Worksheet When determining the highest amount in each undisclosed foreign account for each year or the highest asset balance of all undisclosed foreign entities for each year, what exchange rate should be...
The Service is announcing a new procedure for current non-residents including, but not limited to, dual citizens who have not filed U.S. income tax and information returns to file their delinquent returns. This procedure...
Backup withholding can apply to most kinds of payments that are reported on Form 1099. These include: Interest payments (Form 1099-INT), Dividends (Form 1099-DIV), Patronage dividends, but only if at least half the payment...
Backup Withholding (BWH-B) Rate/Effective Dates Rate/Percentage is 28%, effective for all subject payments after December 31, 2002 until December 31, 2012. The rate after December 31, 2012 will be determined at a later date....
Form 1099-H includes Copy 1, which is provided to recipients by the IRS Health Coverage Tax Credit (HCTC) Transaction Center. Copy B must be provided to recipients by all other filers. File Form 1099-H,...
Overall government tax collections for states increased $55.7 billion to $757.2 billion in fiscal year 2011, the U.S. Census Bureau reported today. Corporate net income tax revenue was at $40.2 billion, up 9.4 percent,...
2012 Offshore Voluntary Disclosure Initiative Frequently Asked Questions and Answers Forms TD F 90-22.1, Report of Foreign Bank and Financial Accounts Form 433A, Collection Information Statement for Wage Earners and Self-Employed Individuals Form 433B,...
Form 8938, Statement of Specified Foreign Financial Assets Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR) Who Must File? Specified individuals, which include U.S citizens, resident aliens, and certain non-resident...
United States persons are required to file an FBAR if: The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States;...
File Form 4868 by April 17, 2012. Fiscal year taxpayers, file Form 4868 by the regular due date of the return. Taxpayers who are out of the country. If, on the regular due date...
