Tax Resources for Accountants and Small Businesses (U.S.)
Why you are receiving this notice? Your name and taxpayer identification number (TIN) submitted on Form 1099-K,Payment Card and Third Party Network Transactions, by a payment card processor or third-party settlement organization does not...
Internal Revenue Bulletin: 2013-39 – Notice 2013-56 Transitional Penalty Relief and Schedule for Notices of Incorrect Name/TIN Combinations for Information Returns Relating to Payment Card and Third Party Network Transactions Notice 2013- 56 provides...
IRS discovered interest calculation errors in the CP2000 notices mailed the weeks of July 1 and July 8. The notices contained an incorrect calculation on the interest owed on proposed taxes from under reported...
In order to run the Java version of the AccuWage/AccuW2C software, you must have the necessary Java Runtime Environment (JRE) files on your PC. Most users already have these files on their systems because...
AccuWage/AccuW2C is free software from Social Security. AccuWage is for use with Electronic Filing W-2 – EFW2 AccuW2C is for use with Electronic Filing W-2c – EFW2C The software allows you to check W-2...
The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP), paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their...
Fri 1 Deposit payroll tax for payments on Jan 26-29 if the semiweekly deposit rule applies. Wed 6 Deposit payroll tax for payments on Jan 30 – Feb 1 if the semiweekly deposit rule...
Health flexible spending arrangements not subject to $2,500 limit on salary reduction contributions for plan years beginning before 2013 and comments requested on potential modification of use-or-lose rule. Notice 2012-40 I. PURPOSE AND OVERVIEW...
To reflect a statutory amendment made by ATRA to § 132(f)(2), section 3.12 of Rev. Proc. 2011-52 is modified to read as follows: .12 Qualified Transportation Fringe Benefit. For taxable years beginning in 2012,...
The new optional deduction, capped at $1,500 per year based on $5 a square foot for up to 300 square feet, will reduce the paperwork and recordkeeping burden on small businesses by an estimated...
IRS announced annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. The tax items for 2013 of...
Jan. 3, 2013 The Internal Revenue Service released updated income-tax withholding tables for 2013 reflecting this week’s changes by Congress. The updated tables, issued today after President Obama signed the changes into law, show...
Income Tax Forms 540 2EZ Form (Math) 2012 California Resident Income Tax Return (Fill-in with math features & save) 540 2EZ Form 2012 California Resident Income Tax Return 540 Form 2012 California Resident Income...
The tax relief postpones various tax filing and payment deadlines that occurred starting in late October. As a result, affected individuals and businesses will have until Feb. 1, 2013 to file these returns and...
Internal Revenue Bulletin: 2012-14 April 2, 2012 Rev. Proc. 2012-20 Table of Contents SECTION 1. PURPOSE SECTION 2. BACKGROUND SECTION 3. SCOPE SECTION 4. APPLICATION SECTION 5. CHANGES IN METHODS OF ACCOUNTING SECTION 6....
Internal Revenue Bulletin: 2012-14 April 2, 2012 Rev. Proc. 2012-19 Table of Contents SECTION 1. PURPOSE SECTION 2. BACKGROUND SECTION 3. SCOPE SECTION 4. CHANGES IN METHODS OF ACCOUNTING SECTION 5. EFFECT ON OTHER...
The Internal Revenue Service urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the...
Penalty Computation Worksheet When determining the highest amount in each undisclosed foreign account for each year or the highest asset balance of all undisclosed foreign entities for each year, what exchange rate should be...
The Service is announcing a new procedure for current non-residents including, but not limited to, dual citizens who have not filed U.S. income tax and information returns to file their delinquent returns. This procedure...
Backup Withholding (BWH-B) Rate/Effective Dates Rate/Percentage is 28%, effective for all subject payments after December 31, 2002 until December 31, 2012. The rate after December 31, 2012 will be determined at a later date....