RogerRossmeisl

JUNE 15, 2021

High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Net Investment Income Tax appeared first on Roger Rossmeisl, CPA. Individual Tax Briefs 3.8%

income tax 200

income tax tax cpa firm cpa 200

RogerRossmeisl

NOVEMBER 27, 2020

Many Americans receive disability income. if, and how is disability income taxed? As is often the case with tax questions, the answer is … it depends. If the income is paid directly to you by your employer, it’s taxable to you as ordinary salary would be.

income tax 130

income tax tax cpa 130

DMCL

MARCH 11, 2022

Our 2021 Personal Tax Return Checklist is designed to help you make this process as easy and efficient as possible. It also assists us in ensuring we have information that is as complete and accurate as possible to assure your taxes are minimized and correctly reported.

income tax 52

income tax tax return tax 52

CPA Practice

MARCH 21, 2022

Crowdfunding organizers and any person receiving amounts from crowdfunding should keep complete and accurate records of all facts and circumstances surrounding the fundraising and disposition of funds for at least three years.

income tax 61

income tax cpa tax 61

Anders CPA

APRIL 26, 2022

Owning rental real estate can be a great supplemental source of income in addition to a normal day job. What is most commonly misunderstood about this type of investment is how an individual can treat the income and or losses for tax purposes.

income tax 83

income tax cpa Real Estate tax 83

TaxConnex

MARCH 18, 2021

Wayfair created enormous changes for businesses making remote sales into the states related to sales tax. Could Wayfair have also impacted the way you manage your state income tax obligations? Sales Tax Perspective. Sales tax nexus can be physical or economic – or both.

income tax 142

income tax tax Sales South Dakota 142

CPA Practice

JANUARY 31, 2022

The deadline for most Americans to file their federal tax returns in 2022 is April 18, instead of the usual April 15 date. Most states that have their own income tax reporting. This is because of a holiday recognized in the nation's capital.

income tax 60

income tax cpa tax return tax 60

Accounting Today

MAY 12, 2022

Income taxes IRS Tax Charles Rettig Cryptocurrencies

account 87

account accountant accounted tax 87

Accounting Today

MAY 12, 2022

Income taxes Joe Biden Biden Administration Tax

account 81

account accountant accounted tax 81

ThomsonReuters

OCTOBER 1, 2021

A new episode of Thomson Reuters Tax & Tech Talks podcast shares tips and best practices for streamlining operations and navigating this unprecedented tax season. Beneficial tax technology features and functions.

income tax 52

income tax tax corporation tax tax return 52

CPA Practice

MARCH 30, 2022

The IRS doesn't have the ability to scan paper-based tax returns directly into their systems. The data must be manually typed, a tedious process that causes logjams in processing tax returns.

income tax 73

income tax tax return cpa tax 73

Accounting Today

MAY 12, 2022

Income taxes Deficits Treasury Department Tax Tax season

account 77

account accountant accounted tax 77

Accounting Today

MAY 18, 2022

Income taxes Identity verification IRS Tax FTC

account 52

account accountant accounted income tax 52

xendoo

DECEMBER 14, 2020

They offer several ways to pay your tax online. Tax Return or Notice. 1040, 1040A, 1040EZ, health care Form 1040, retirement plan 5329 or tax-favored account 5329. Estimated Tax 1040ES. Proposed Tax Assessment. Electronic Federal Tax Payment System.

income tax 52

income tax tax tax preparation tax return 52

CPA Practice

JANUARY 31, 2022

While returns are usually due April 15, this year that day falls on a Friday District of Columbia holiday, postponing the deadline to April 18 for most. Taxpayers in Maine and Massachusetts have until April 19 thanks to the Patriots’ Day holiday in.

income tax 49

income tax cpa Massachusetts Maine 49

ThomsonReuters

SEPTEMBER 2, 2021

What is a tax provision? Simply put, a tax provision is the estimated amount of income tax that a company is legally expected to pay to the IRS for the current year. How provision for tax is calculated. Current income tax expense.

income tax 52

income tax accounting and finance corporation tax tax 52

Dent Moses

FEBRUARY 24, 2022

This legislation, when signed, will effectively exempt from state income taxes certain federal benefits that taxpayers received from the American Rescue Plan Act last year, a coronavirus relief bill passed by Congress.

Alabama 52

Alabama income tax tax return tax 52

Withum

JANUARY 19, 2022

Governor Murphy signed into law a bipartisan bill (S4068) that enhances the state’s electable pass-through entity (PTE) tax, known as the New Jersey Business Alternative Income Tax (BAIT) on January 18, 2022. State and Local Tax Services.

New Jersey 52

New Jersey income tax tax services tax 52

Withum

MARCH 31, 2021

The top income tax rates have varied from 2% to 94% since the first United States income tax was instituted in 1862. Right now the top rate is 37%.

income tax 83

income tax payroll tax 83

ThomsonReuters

SEPTEMBER 22, 2021

Tax compliance — and the reporting involved in maintaining that compliance — is one of the most stressful tasks a corporate tax team must complete. For each report or result, someone must find, adjust, and make sense of tax data — and then store it for reuse.

income tax 52

income tax corporation tax tax audit 52

Withum

AUGUST 11, 2021

Articles

income tax 67

income tax tax 67

LyfeAccounting

NOVEMBER 17, 2020

I mean…there’s federal taxes, state taxes, sales taxes, Medicare taxes, social security, unemployment, and so on. As a business owner, understanding how to navigate taxes can be extremely overwhelming. With that said, let’s talk about taxes. 3 Tax Plan.

income tax 52

income tax payroll tax accounting and finance payroll 52

Withum

JULY 26, 2021

Articles

income tax 97

income tax tax 97

Withum

JANUARY 19, 2022

Governor Murphy signed into law a bipartisan bill (S4068) that enhances the state’s electable pass-through entity (PTE) tax, known as the New Jersey Business Alternative Income Tax (BAIT) on January 18, 2022. State and Local Tax Services.

income tax 56

income tax New Jersey Real Estate tax services 56

Withum

JANUARY 26, 2021

Articles Coronavirus Stimulus Package

income tax 60

income tax tax 60

SkagitCountyTaxServices

FEBRUARY 4, 2021

So, last week I ran through the (rather incredible) selection of NEW and/or extended tax credits available for Skagit County business owners. A Checklist For Skagit County Business Owners’ For 2020 Personal Income Taxes “Don’t wait.

income tax 53

income tax tax return Real Estate tax preparation 53

Withum

NOVEMBER 11, 2020

Articles

income tax 87

income tax tax 87

RogerRossmeisl

JANUARY 26, 2022

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips to help speed processing and avoid hassles. Tip 1 Contact us soon for an appointment to prepare your tax return.

tax return 148

tax return tax income tax cpa 148

LyfeAccounting

JUNE 25, 2021

US taxpayers pay over $1 trillion in state income taxes every year. But what if you could pay $0 in state taxes? You can pay absolutely nothing in state taxes, just by packing up your bags and moving to a tax-free state. What are State Taxes?

income tax 52

income tax South Dakota Alaska Tennessee 52

Withum

JULY 13, 2021

Articles

income tax 63

income tax tax 63

Wellers Accounting

MARCH 24, 2022

Tom Biggs ACA CTA , summarises Chancellor, Rishi Sunak's key announcements from the Spring Statement.

account 52

account accountant accounted tax 52

Withum

JANUARY 15, 2021

Articles

income tax 70

income tax New York tax 70

ThomsonReuters

APRIL 1, 2021

In response to the continuing COVID-19 emergency, the IRS has offered deadline relief for 2020 federal income tax returns that also extends the deadline for 2020 contributions to HSAs, IRAs, and certain other accounts. Tax Refunds and Credits. Tax Return Preparers.

income tax 52

income tax tax return Education account 52

Wellers Accounting

MARCH 11, 2022

Tom Biggs ACA CTA , highlights the different considerations and strategies that need to be reviewed for effective end of year tax planning.

tax 52

tax income tax tax planning corporation tax 52

PYMNTS

MAY 28, 2020

South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. But individuals’ profits from virtual currency is not listed as income, they don’t end up falling under income taxes.

income tax 55

income tax Real Estate tax Government 55

Generate Accounting

MARCH 18, 2022

Inland Revenue (IR) has recently released information setting out the tax rules which apply on fees paid to board members. Individuals may apply for an exemption certificate or a special tax rate certificate. In the case of a company, no withholding tax would apply.

account 52

account accountant accounted tax 52

ThomsonReuters

FEBRUARY 28, 2022

Highlight: The IRS Form 941 is one of the most important payroll-related tax returns used by businesses to report employment taxes, including federal income tax withholding, Social Security tax, Medicare tax, and Additional Medicare tax.

income tax 83

income tax Agriculture tax return tax 83

Withum

DECEMBER 2, 2021

On-Demand Webinars

income tax 52

income tax tax 52

Nancy McClelland, LLC

MARCH 29, 2022

To validate and successfully submit an electronically filed tax return to the IRS , taxpayers need their adjusted gross income, or AGI, from their most recent tax return. The IRS has a couple of “special tips” to ensure the tax return is accepted by the IRS for processing.

tax return 75

tax return tax tax preparation cpa 75

Nancy McClelland, LLC

FEBRUARY 6, 2022

Last year we began requiring all clients to submit a copy of their IRS Account Transcript along with their Tax Organizer and other annual tax prep documentation. If a taxpayer did not receive the full amount, then they are entitled to recoup the difference on their annual tax return.

account 52

account accountant accounted tax preparation 52