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,...
Accounting Portal Articles
Break Even Calculator – Break Even Point
How to Calculate Break Even Point? Break Even Formula: Fixed Costs / (Selling Price per Unit – Variable Cost per Unit) = Break Even Point in Units Definition: Break-even point (BEP) is...
Present Value of an Annuity Calculator
[calc id=696] 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
[calc id=447] Present value formula: Present Value = Future Value * (1 + Interest Rate Per Period)^-Number of Periods Definition
U.S. Citizens and Resident Aliens Abroad – Extensions of Time to File Federal Tax Return
You may be allowed an automatic 2-month extension of time to file your return and pay any federal income tax that is due. You will be allowed the extension if you are a U.S....
Higher Education Tax Benefits
Tax credits, deductions and savings plans available to taxpayers to assist with the expense of higher education. A tax credit reduces the amount of income tax you may have to pay. A deduction reduces...
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,...
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+”...
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...
Middle Class Tax Relief and Job Creation Act of 2012
H.R.3630 — Middle Class Tax Relief and Job Creation Act of 2012 (Enrolled Bill [Final as Passed Both House and Senate] – ENR) Beginning SECTION 1. SHORT TITLE; TABLE OF CONTENTS. Sec. 1. Short...
Form 941 for 2012: Employer’s QUARTERLY Federal Tax Return
Form 941 for 2012: Employer’s QUARTERLY Federal Tax Return Under the Middle Class Tax Relief and Job Creation Act of 2012, workers will continue to receive larger paychecks for the rest of this year...
Delaware – 2012 Gross Reciepts Tax Rates Decrease From 2011
Based on House Bill 127: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO GROSS RECEIPTS TAXES. Delaware has enacted legislation decreasing a number of gross receipts tax rates. The following...
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,...
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...
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...
New York State 2011 Individual Tax Return Forms
IT-201 Resident Income Tax Return You must file Form IT-201 if you were a New York State resident for the entire year. You must also complete Form IT-201-ATT, Other Tax Credits and Taxes, and...
Check Federal Tax Refund Status with IRS2Go – Smartphone Application for Mobile Devices (Android, iPhone)
Download the IRS2Go App If you have an Android device, you can visit the Android Marketplace to download the free IRS2Go app. Apple store Amazon Available features: Payment Get easy access to mobile-friendly payment...
Federal Tax Refund for 2011 Tax Year
Taxpayers can help ensure their refund arrives as expected by submitting an error free return. Use the correct Social Security number or taxpayer identification number, the correct address, and the correct bank and routing...
Indiana 2011 Individual Income Tax Forms
2011 IT-40 Income Tax Instruction Booklet: IT-40 Booklet 2011 IT-40 Income Tax Form: IT-40 Form When filing, you must include Schedules 3 & 4, 7, and probably CT-40, along with Form IT-40. You must include Schedules...
Michigan 2011 Individual Income Tax Forms
Michigan 2011 Individual Income Tax Forms MI-1040 Individual Income Tax Return Individual Income Tax Instruction Book MI-1040CR Homestead Property Tax Credit Claim MI-1040CR Instructions Find more forms here Individual Income Tax...