Tax Resources for Accountants and Small Businesses (U.S.)
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...
The provisions commonly known as the Foreign Account Tax Compliance Act (FATCA) became law in March 2010. FATCA targets tax non-compliance by U.S. taxpayers with foreign accounts FATCA focuses on reporting: By U.S. taxpayers...
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...
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...
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...
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 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...
2012 Ohio Income Tax publication Ohio deparment of taxation Individual I file Individual tax forms Instructions for IT 1040, IT 1040EZ, TeleFile and SD 100 2012 Individual Income and School District Income Tax Publication...
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...
AccuWage/AccuW2C is free software from Social Security. AccuWage is for use with Electronic Filing W-2 – EFW2 AccuW2C is for use with Electronic Filing W-2c – EFW2C The software allows you to check W-2...
Normally, Roth conversions are taxable in the year the conversion occurs. For example, the taxable amount from a 2012 conversion must be included in full on a 2012 return. But under a special rule...
The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP), paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their...
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...
If you file using paper forms, you must file Copy A of Form W–2 with Form W–3 by February 28, 2013. However, if you e–file, the due date is automatically extended to April 1,...
You must file a New York State income tax return if you’re a New York State resident and are required to file a federal return. You may also have to file a New York...
The January 31 is filing deadline for NYS-45. The annual wage and withholding information (Part C, columns d and e) must also be submitted by this date. Employers are required to report if dependent...
Internal Revenue Service issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2013, the standard...
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...
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,...
D-400 with TC Individual Income Tax Return and Form D-400TC, Individual Tax Credits (You must include Form D-400TC if you claim any tax credits.) [web fill-in, instructions] D-400 without TC Individual Income Tax Return (no...