IRS to Restaurants- Tips Taxed – Gratuities on Large Group Checks Are Wages
As of January 1, 2014, automatic tips for servers will need to be included in payroll.
12-16 week processing time for amended returns submitted during the government shutdown
Today I called the IRS regarding a client's amended tax return. The agent told me that due to backups caused by the government shutdown amended returns will take 12 to 16 weeks to process.
IRS Makes Billions of Dollars of Wrong Earned Income Tax Credit Payments
I find this shocking. If the government wants to know where to focus IRS audit efforts it should take a look at the earned income credit program. I'm sure there are plenty of needy people who benefit from the program, but the abuse is outrageous.
Florida Sales Tax Holiday August 2-4, 2013
The weekend of August 2-4, 2013 is a sales tax holiday for Florida.
FBAR TD 90-22.1 Form Due June 30, 2013
The filing deadline for Form TD 90-22.1 is June 30, 2013. You can find the form here. Don't forget- there are no extensions for this form. Not sure if you [...]
FBAR Form TDF 90-22.1
FBAR (Report of Foreign Bank and Financial Accounts) is required filing to report foreign bank account information.
Second 2013 estimated tax payment due June 15 2013
It is time to make your second estimated tax payment of 2013. The deadline for making this payment is June 15. For individuals you can get more information and vouchers [...]
Free Resources for Authors, Writers, and Bloggers from Bookbaby.com
I got an email from my good friends (and clients!) at WriterCube about some great resources. If you have ever been thinking about writing you want to check out bookbaby.com.
My Interview with Lisa Sasevich: Part 1, From Wake Up Call to Inc 500!
Women's Success Summit in Miami!
More Americans View Their Taxes as Unfair
Well if you filed your taxes and you feel like the tax bill you were handed was an unfair amount, you are not alone.
May 15 Filing Deadline for December Year End Non-Profit Entities
If you are a non-profit entity with a December 31 tax year-end you have a filing deadline on May 15!
State Taxable Wages for Unemployment
Have you ever wondered how your state comes up with the amount of unemployment tax you pay for your employees? Generally, the formula is:
2014 Health Care Savings Account (HSA) inflation adjusted amounts announced
The IRS just released information regarding the 2014 inflation-adjusted amounts for Health Care Savings Accounts (HSAs).
2012 Individual, Partnership, LLC, and Trust returns are due April 15, 2013
The tax filing deadline for individuals (Form 1040), partnerships and LLCs (Form 1065), and trusts (Form 1041) is next Monday, April 15, 2013. If you have not started your tax [...]
2012 corporate deadline is today
Today is the day for corporations to file a tax return or extension.
