Tax Resources for Accountants and Small Businesses (U.S.)
Employers Beginning with the second quarter (4/1/12–6/30/12), if your payroll expense for the quarter: Is $312,500 or less, you’re not subject to the MCTMT for that quarter. Exceeds $312,500, use the appropriate rate shown...
Link to Form MTA-6 Individuals with net earnings from self-employment General Individuals (including partners in partnerships and members of LLCs that are treated as partnerships for federal income tax purposes) who have net...
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....
Use Form W-9 to request the taxpayer identification number (TIN) of a U.S. person (including a resident alien) and to request certain certifications and claims for exemption. (See Purpose of Form on Form W-9.)...
Form 1099-H includes Copy 1, which is provided to recipients by the IRS Health Coverage Tax Credit (HCTC) Transaction Center. Copy B must be provided to recipients by all other filers. File Form 1099-H,...
On April 5, 2012, the Jumpstart Our Business Startups (JOBS) Act was signed into law by President Barack Obama. SEC FAQ Emerging Growth Companies (Title I) General Applicability of Title I Confidential Submission Process...
Overall government tax collections for states increased $55.7 billion to $757.2 billion in fiscal year 2011, the U.S. Census Bureau reported today. Corporate net income tax revenue was at $40.2 billion, up 9.4 percent,...
GSA has adjusted all POV mileage reimbursement rates for federal employees from April 17, 2012. Modes of Transportation Effective/Applicability Date Rate per mile Airplane* April 17, 2012 $1.31 If use of privately owned automobile...
Click here to get form: Power of attorney (3520) – State of California Franchise Tax Board Use this FTB 3520, Power of Attorney Declaration, to grant authority to an individual to receive confidential tax...
2012 Offshore Voluntary Disclosure Initiative Frequently Asked Questions and Answers Forms TD F 90-22.1, Report of Foreign Bank and Financial Accounts Form 433A, Collection Information Statement for Wage Earners and Self-Employed Individuals Form 433B,...
The deadline to apply for Pennsylvania’s Property Tax/Rent Rebate Program for older adults and residents with disabilities has been extended from June 30 to Dec. 31. “Governor Corbett is extending the rebate program deadline...
Form 8938, Statement of Specified Foreign Financial Assets Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR) Who Must File? Specified individuals, which include U.S citizens, resident aliens, and certain non-resident...
United States persons are required to file an FBAR if: The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States;...
Beginning June 18, 2012, users can access eReg from the BOE’s secure website – any time day or night – to apply for a seller’s permit, pay use tax, and register for other tax...
On 01/17/2012 Governor Chris Christie approved P.L.2011, c.207 which allows for out-of-state wineries to sell wine directly to consumers in New Jersey. The wineries participating in these sales must collect and remit applicable state...
Filing deadline for 2011 applications extended to October 19, 2012. (View Treasurer’s Press Release) Form PTR-1 Residents who were not eligible to apply for the 2010 reimbursement can apply for a 2011 reimbursement by...
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...