Accounting Portal Articles

CPA Exam Jurisdiction ID Number

You will find CPA Jurisdiction ID Number search on this link. Jurisdiction ID numbers are available for CPAES states. This number is needed when applying for the Uniform CPA Examination (exam). NASBA’s CPA Examination...

2019 California Tax Calculator

2019 California Income Tax Calulator Select your filing status Select your filing status Single Married/RDP filing jointly Married/RDP filing separately Head of Household Qualifying widow(er) with dependent child Enter your California Taxable Income from...

Indiana 2019 Individual Income Tax Forms

INfreefile Tax tips Indiana Full-Year Residents Individual Tax Forms IT-40 Booklet SP 265 2019 IT-40 Income Tax Instruction Booklet (not including form or schedules) 09/19 pdf IT-40 Form 154 2019 IT-40 Income Tax FormImportant. When...

California State Minimum Wage Increases

Although there are some exceptions, almost all employees in California must be paid the minimum wage as required by state law. Effective January 1, 2017, the minimum wage for all industries will be increased...

IRS 2020 Standard Mileage Rates – Notice 2020-05

SECTION 1. PURPOSE This notice provides the optional 2020 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. This...

IRS Rules for Using a Per Diem Rates – TCJA

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability. (Also: Part I, §§ 62, 67, 162, 267, 274; 1.62-2, 1.162-17, 1.267(a)-1, 1.274-5, 1.274-5T.) Rev. Proc....

Massachusetts Income Tax Forms

Click here for latest forms For tax year 2019, Massachusetts had a 5.05% tax on both earned (salaries, wages, tips, commissions) and unearned (interest, dividends, and capital gains) income. The tax rate was lowered to 5%...

IRS Standard Mileage Rates 2020

Beginning on January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 57.5 cents per mile driven for business use, down one half...

What is Depreciation?

Depreciation is an income tax deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescence of...

Covered California for Small Business

To be eligible to participate in CCSB, you must indicate that your business or organization meets all of these qualifications: • Have a primary business address in California, or offer coverage to each eligible...

California Form 1095-A

Your Form 1095-A shows the amount the Internal Revenue Service (IRS) paid to your insurance company to lower the cost of your health coverage. The amount paid was based on the most recent household...

IRS Audits by Country

ProPublica posts article about countries with highest IRS audit rates. You can read it here. Study shows countries in which income tax filings were audited at a higher rate than the nation as a...