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Extension of Time to File the Indiana 2011 Individual Income Tax Return on Form IT-40, IT-40PNR, or IT-40 RNR
I. AUTOMATIC EXTENSION OF TIME TO FILE, NOT TO EXCEED 60 DAYS The Application for Automatic Extension of Time to File (Form IT-9) is used to obtain an automatic 60-day extension of time to file an Indiana resident or nonresident income tax return (Indiana Forms IT-40, IT-40PNR, and IT-40 RNR). Any taxpayer who wishes to
Break Even Calculator
Break-even point (BEP) is the point at which cost or expenses and revenue are equal. Read more
Present Value of an Annuity Calculator
Present value annuity formula: Present Value of An Annuity = PV(Interest Rate,Number of Periods,Payment per Period,0) Definition
Present Value Calculator – Present Discounted Value
Present value formula: Present Value = Future Value * (1 + Interest Rate Per Period)^-Number of Periods Definition
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
2012 Tax Scams
IRS issued its annual “Dirty Dozen” ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. Identity Theft Topping this year’s list Dirty Dozen list is identity theft. In response to growing identity theft concerns, the
Alternative Minimum Tax 2011
The tax law provides exclusions for certain kinds of income and deductions and credits for certain expenses. The alternative minimum tax (AMT) attempts to ensure that an individual who benefits from certain exclusions, deductions, or credits pays at least a minimum amount of tax. The AMT is a separately figured tax that eliminates or reduces
NAICS codes – North American Industry Classification System (NAICS)
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS Search On left side of NAICS website enter keyword or 2-6 digit code. 2007 NAICS Sector Description 11 Agriculture,
North Carolina 2011 Individual Tax Return Forms
D-400 with TC Individual Income Tax Return and Form D-400TC, Individual Tax Credits (You must include Form D-400TC if you claim any tax credits.) [web fill-in, instructions] D-400 without TC Individual Income Tax Return (no tax credits) [web fill-in, instructions] D-401 Individual Income Tax Instructions for Form D-400 More forms Tax Rate Schedule for Tax Year
Check Federal Tax Refund Status with IRS2Go – Smartphone Application for Mobile Devices (Android, iPhone)
Download the IRS2Go App If you have an Apple iPhone or iTouch, you can download the free IRS2Go app by visiting the iTunes app store. If you have an Android device, you can visit the Android Marketplace to download the free IRS2Go app. Available features: Get Your Tax Record You can request your tax return
