MyIRSRelief

APRIL 15, 2022

Our tax firm assists, helps and represents taxpayers facing tax problems such as unfiled tax returns, unpaid delinquent back taxes, IRS and state audits , payroll 941/940 problems, tax levies, liens, garnishments and other collection issues. Get tax relief representation and complete resolution today!

Connecticut

Anders CPA

MAY 23, 2023

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

payroll tax

inDinero Tax Tips

DECEMBER 13, 2022

The tax credit can also carry over for up to 20 years, so even if you don’t have a federal income tax liability this year , then it is still well worth investigating your eligibility for the R&D tax credit. Does Your Business Qualify for the Payroll Tax Offset? Does Your Business Have a Qualified Purpose?

Tax

ThomsonReuters

JUNE 11, 2024

Beary explained that employers could struggle to understand when to trigger filing and reporting requirements for payroll taxes due to varying rules across states. Rules vary greatly, from as little as withholding tax for an hour of work to up to 30 days if under a certain threshold.

accounting firms

ThomsonReuters

JANUARY 16, 2024

For tax purposes, a payment generally applies first to stated interest that remains unpaid as of the date the payment is due, second to any loan origination fees allocable to the payment, third to any capitalized interest that remains unpaid as of the date the payment is due, and fourth to the outstanding principal.

Tax

ThomsonReuters

MARCH 15, 2021

The IRS has posted a final version of the 2021 Form 941 , Employer’s Quarterly Federal Tax Return and its instructions that take into account the COVID-19 tax credit extensions provided for in the Consolidated Appropriations Act, 2021. 2021 Form 941. This executive order will remain in effect for the duration of the pandemic.

payroll

ThomsonReuters

FEBRUARY 9, 2022

The DOL also has a list of potential FUTA credit reduction states for tax year 2022, which includes California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania, and the U.S. States and localities may also provide tax relief for businesses affected by a disaster. Virgin Islands.

payroll