23 May IRS Now Offering Direct Pay
The IRS is now offering an easy way for taxpayers to make estimated tax payments or pay their tax bill. Rather than having to register through EFTPS, Direct Bill is now available. Check out the link here....
The IRS is now offering an easy way for taxpayers to make estimated tax payments or pay their tax bill. Rather than having to register through EFTPS, Direct Bill is now available. Check out the link here....
The following tables summarize key provisions of the tax code for all business types for years 2012 - 2014 as produced by the Land Grant University Tax Education Foundation. 2014's rates and amounts are unofficial estimates: Individual and Business Tax Rate Schedules Retirement Plan Tax Provisions Estate, Gift,...
After Monday's (May 20th, 2013) devastating tornado in the Oklahoma City area, the Internal Revenue Service today provided tax relief to individuals and businesses affected by this and other severe storms occurring in parts of Oklahoma. Read more....
President Obama has signed into law the American Taxpayer Relief Act of 2012 that allows tax rates to rise on the nation's highest earners while also extending dozens of tax cuts for individuals and businesses. For a one page summary of certain highlights, read more....
Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2013, compared with 2012, including the estate tax exemption, Social Security wage base, qualified retirement plan and...
The IRS is on the lookout for certain items when choosing tax returns to audit. This article details some of the current and on-going individual and business audit targets based on recent IRS tax forums. Read More...
There are tough requirements under federal tax law for deducting charitable gifts of property on your tax return. If you don't follow all the rules, you could lose a deduction. Learn more about the tax law as well as a specific court case highlighting some key concepts. Read...
The Supreme Court's June 28 ruling that upholds the healthcare law has significant implications for individuals, businesses, insurance companies and the nation's medical system. Here is a look at the High Court's decision, along with 10 ways the law may affect you. Read More...