Secretary Schedler is notifying all business owners to be cautious when receiving correspondence concerning annual reports. Corporate Records Service, a private company sending out the misleading letters,is not affiliated or associated with Louisiana state government in any way. Any reports sent to Corporate Records Service will not fulfill the annual report due to the Department of State under Louisiana law. …
If you have ever had to directly call the IRS then you know how difficult it can be to contact them. And it is predicted to only get worse. Be prepared to be very patient. During the fiscal year 2013, the IRS answered only 61% of its taxpayers phone calls. That equated to 20,000,000 ( yes that’s millions) unanswered phone …
The Social Security Administration has announced that the wage base for computing the Social Security tax (OASDI) in 2014 increases to $117,000 from $113,700, which was the wage base for 2013. The $3,300 increase, which is about 2.9%, is due to an increase in average total wages. The Federal Insurance Contributions Act (FICA) imposes two taxes on employers, employees, and …
New York Yankee shortstop and future Hall-of-Famer Derek Jeter has played his last Major League Baseball game. In his last game,he chopped a single to third in the third inning to drive in a run, then took himself out for good. That final hit brings his total to 3,465 hits, along with a .310 batting average, five Gold Glove awards, and …
Oops! Politicians in Iowa, like politicians everywhere, want to encourage their local economy to grow. (Happy voters lead directly to reelection, of course.) But back in 2008, construction in Iowa, like construction everywhere, had slowed because of the recession. So the Hawkeye state’s legislators did what they thought was a smart thing. As part of an overall reform that raised …
‘Here’s an interesting article on the Millionaire Tax written by the Tax Foundation and sent to us from Tax Coach. The Impact of Speaker Boehner’s Millionaire Tax Tax Foundation Fiscal Fact No. 347 By Stephen J. Entin & William McBride, PhD Washington, D.C., December 20, 2012 â€œIn the most recent twist of the fiscal cliff negotiations, Speaker Boehner has offered to …
‘Here’s an interesting article on the Millionaire Tax written by the Tax Foundation and sent to us from Tax Coach. The Impact of Speaker Boehner’s Millionaire Tax Tax Foundation Fiscal Fact No. 347 By Stephen J. Entin & William McBride, PhD Washington, D.C., December 20, 2012â€â€ÂIn the most recent twist of the fiscal cliff negotiations, Speaker Boehner has offered to …
Wedding season is upon us and after saying “I do” you will have some changes to make. “Financial” Â decisions and changes will need to be made in regards to your filing status. Make sure names and social security numbers match your social security administration records. Â If you have changed your name, report the change to the SSA with Form SS-5(Application …
People Who Live in Glass Houses Takisha McGee works (at least for now) as a Section Manager for the IRS Office of Professional Responsibility, where their mission is to “interpret and apply the standards of practice for tax professionals in a fair and equitable manner.” Among her other duties, she travels around the country teaching IRS officials and tax preparers …
I know we have all heard the news reports about Burger King moving their headquarters to Canada. The Tax Foundation, a non-profit, non-partisan research organization, has written an excellent article addressing Canada and their tax rates. Please click here to read this article.
