Category: California
California 2011 Tax Return Extension – October 15, 2012
Automatic filing extension through October 15, 2012. You don’t need to apply for one. Here’s what you should do if you can’t file by April 17, 2012: You are due a refund — File your return by October 15, 2012. Choose e-file and direct deposit for the fastest refund. You have a balance due —
2012 California State Holidays
Date Holiday Monday, January 2, 2012 News Year Day Monday, January 16, 2012 Martin Luther King Jr. Day Monday, February 20, 2012 Presidents’ Day Saturday, March 31, 2012 Cesar Chavez Day Monday, May 28, 2012 Memorial Day Wednesday, July 4, 2012 Independence Day Monday, September 3, 2012 Labor Day Monday, November 12, 2012 Veterans Day
Self-Employment Tax Deduction – California does not conform to federal tax law
The federal 2010 Tax Relief Act increased the amount of self-employment tax that may be deducted in computing federal adjusted gross income. California has not conformed to this change. For state income tax purposes, taxpayers may only deduct 50 percent (50%) of the self-employment tax paid in computing state adjusted gross income. Make sure your
California: 2012 UI, ETT and SDI Rates, PIT Withholding Schedules, and Meals and Lodging Values
2012 UI, ETT, and SDI Rates The UI rate schedule in effect for 2012 is Schedule “F+.” This is Schedule F plus a 15 percent emergency surcharge, rounded to the nearest tenth. Schedule “F+” provides for UI contribution rates from 1.5 percent to 6.2 percent. Exception: Employers subject to Section 977(c) of the CUIC must
California New Employment Laws for 2012
Bills Signed by the Governor AB 22 (Mendoza D) Employment: credit reports. Chapter Number: 724 Summary: The federal Fair Credit Reporting Act (FCRA) and the state Consumer Credit Reporting Agencies Act define and regulate consumer credit reports and authorize the use of consumer credit reports for employment purposes, pursuant to specified requirements. The FCRA provides
2011 California 540 & 540A Tax Forms – Personal Income Tax
540A Form – California Resident Income Tax Return 540 Form- California Resident Income Tax Return Instructions for 540/540A Forms 540 Schedule CA- California Adjustments – Residents Instructions 540-ES Form- Estimated Tax for Individuals Instructions 2011 Tax Calculator 2011 California Tax Table E-file options 2011 Tax Law Changes Tax Decrease – Beginning on January 1, 2011,
California State 2012 Important Dates for Income Tax
When the due date falls on a weekend or holiday, the deadline to file and pay without penalty is extended to the next business day. January 17, 2012 Fourth quarter estimated tax due for 2011. State: 540-ES | Instructions 100-ES | Instructions Federal: 1040-ES (Instructions included) March 15, 2012 2011 Corporation Income Tax returns due
San Francisco 2011 Payroll Expense Tax Statement
All businesses with taxable San Francisco payroll expenses greater than $150,000.00 and operating for any portion of time in 2011 must file. Enter website Statements must be filed online and transmitted before midnight 02/29/2012 Payments must be received or postmarked on or before 02/29/2012 Penalties, interest, and fees will be imposed after 02/29/2012 Please have
San Francisco 2011 – 2012 Business Registration Renewal
Every person or entity doing business in the City and County of San Francisco must possess a valid Business Registration Certificate from the Office of the Treasurer & Tax Collector, as stated in Article 12 of the San Francisco Business and Tax Regulations Code. This code also applies to businesses located outside of San Francisco
California – Federal Unemployment Extensions
Congress and President Obama have reauthorized the federal extensions of Unemployment Insurance (UI) benefits for two months. The stop-gap measure takes UI claimants through the holidays and into the New Year with no interruptions of extended benefits. This latest federal legislation does not include any additional weeks of benefits, it simply extends the filing deadlines
