Accounting Portal Articles

Georgia 2011 Individual Income Tax Forms

Filling requirements for full-year residents: Full-year residents are taxed on all income, except tax exempt income, regardless of the source or where derived. You are required to file a Georgia income tax return if:...

Pennsylvania Act 32

Act 32 is a law that reforms and standardizes the local earned income tax system. The appointment of collection responsibility falls on countywide committees made up of representatives from local municipalities and school districts. The...

Illinois Individual Income Tax

Form IL-1040 Illinois Individual Income Tax Return Form IL-1040 Instructions More Forms IL-1040 Due Date The due date for fi ling your 2011 Form IL-1040 and paying any tax you owe is extended to...

Washinghton State Tax Rate Changes 2012

Tax Rate Change Notices Click here for latest changes Effective April 1, 2012 Clark County Transportation Tax Franklin County Public Safety Tax Franklin County Public Safety Tax Car Dealers and Leasing Companies Mason County...

Travel, Entertainment, Gift, and Car Expenses

Publication 463 – Introductory Material What’s New Reminder Introduction Users of employer-provided vehicles. Volunteers. Ordering forms and publications. Tax questions. Useful Items – You may want to see: 1.   Travel Traveling Away From...

2012 Standard Mileage Rates

The Internal Revenue Service issued the 2012 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, 2012, the...

EFTPS – The Electronic Federal Tax Payment System

The Electronic Federal Tax Payment System (EFTPS) is a free service from the U.S. Department of the Treasury. Since it began in 1996, millions of businesses, individuals, federal agencies, tax professionals, and payroll services...

Form 1040 (2011) – File Form 1040 by April 17, 2012

Form 1040 in Adobe PDF Format  – Form 1040 U. S. Individual Income Tax Return Instructions 1040 in Adobe PDF Format – Instructions 1040 U. S. Individual Income Tax Return Table of Contents 1040...

1099-K Reporting Requirements for Payment Settlement Entities

Beginning in January, 2012, payment settlement entities (PSEs) are required by the Housing Assistance Tax Act of 2008 to report on Form 1099-K the following transactions: All payments made in settlement of payment card...

GSA Perdiem Rates

Rates are set by fiscal year, effective October 1. Find current rates in the continental United States (“CONUS Rates”) by searching below with city and state (or zip code), or by clicking on the...

Applicable Federal Rates (AFR) for February 2012

Applicable Federal Rates (AFR) for February 2012 Rev. Rul. 2012-7 This revenue ruling provides various prescribed rates for federal income tax purposes for February 2012 (the current month). Table 1 contains the short-term, mid-term,...

Applicable Federal Rates (AFR) for January 2012

Applicable Federal Rates (AFR) for January 2012 This revenue ruling provides various prescribed rates for federal income tax purposes for January 2012 (the current month). Table 1 contains the short-term, mid-term, and long-term applicable...

Deadline for filing forms W-2 and W-3 – February 29, 2012

Deadlines: January 31, 2012 – Deadline for supplying W-2s to employees. February 29, 2012 – Deadline for filing paper W-2s. March 31, 2012 -Deadline for filing electronic W-2s. Employer W-2 Filing Instructions & Information...

IRS Power of Attorney – Form 2848

FORM 2848 If your organization will be represented by a third party, whether in person or by correspondence, you must file a power of attorney specifically authorizing the individual to represent your organization. Form...

Massachusetts Circular M – Withholding Tables

Massachusetts Income Tax Withholding Tables Effective January 1, 2012 in pdf include WEEKLY wage-bracket table method of Massachusetts income tax withholding, BIWEEKLY wage-bracket table method of Massachusetts income tax withholding, SEMIMONTHLY wage-bracket table method...