…Form 941, Employer’s QUARTERLY Federal Tax Return (or Form 944, Employer’s ANNUAL Federal Tax Return) Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return Form VA-6, Employer’s Annual or Final…
…Payments start July 15, 2021, and continue monthly through December 15, 2021. The other half to be claimed on the taxpayer’s 2021 income tax return. Taxpayers generally won’t need to…
…expenditures). See our blog article about these 2022 R&D tax changes for more information. For income tax purposes, certain R&D expenditures may be allowable in computing an income tax credit….
…tax calculations. Now that these deductions are limited for regular & AMT taxable income, we expect to see fewer taxpayers affected by the AMT. Businesses The new Tax Act completely…
…to tax for failure to make estimated income tax payments on or before December 17, 2018, is waived. However, in order to receive this waiver, the effected tax-exempt organizations must…
THE NEXT ITEM ON YOUR ESTATE TAX PLANNING TO DO LIST By Ann Ramage, CPA, Tax Partner | Family, Executive & Entrepreneur Advisory Services Team As part of your estate…
…of the business for purposes of equitable distribution. Other Tax Deductions/Credits The TCJA temporarily eliminates individual tax deductions for miscellaneous itemized deductions subject to the 2% floor for taxable years…
…For more tips to help with individual tax needs, download our latest tax planning guide to learn about key tax provisions and strategies for minimizing your taxes. Download now. …
An Overview of the IRS Identity Protection PIN Program What is tax identity theft? Tax identity theft — the filing of fake tax returns using stolen identities — is a…
…OTHER TAX PROVISIONS CONTAINED IN HR 3864 The bill includes other tax provisions, including extension of various highway-related taxes, and extension and modification of certain superfund excise taxes. It also…
…finalized. 10. The current capital gain tax rates will apply to the deferred capital gains recognized on taxpayers’ 2026 tax returns. Clarification Whatever capital gain tax rates are in place…
…were impacted by the new tax legislation. Please note that each taxpayer’s situation is unique and you should speak with your tax advisor before making any decisions. 1. Property Tax…