The IRS watchdog has sent out a warning to taxpayers involving the “largest scam of its kind.” Impersonators are calling taxpayers and demanding immediate payments with a pre-paid debit card, wire transfer, or cash. These impersonators often know the last 4 digits of the victims’ Social Security numbers and threaten to arrest, deport or remove their driving privileges…these are things …
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 …
‘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 …
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. You can’t let your business run on autopilot and expect good results. Any business owner knows you need to make numerous adjustments along the way – decisions about pricing, hiring, investments, and …
Welcome 2014! As the new year rolls around, it’s always a sure bet that there will be changes to the current tax law and 2014 is no different. From health savings accounts to retirement contributions and standard deductions, here’s a checklist of tax changes to help you plan the year ahead. Filing Season Delayed by 10 Days Taxpayers should note …
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 …
June 1- Deposit payroll tax for payments on May 26-29 if the semiweekly deposit rule applies. June 6- Deposit payroll tax for payments on May 30-Jun 1 if the semiweekly deposit rule applies. June 8- Deposit payroll tax for payments on Jun 2-5 if the semiweekly deposit rule applies. June 11- Employers: Employees are required to report to you tips of …
May 2- Deposit payroll tax for payments on Apr 25-27 if the semiweekly deposit rule applies. May 4- Deposit payroll tax for payments on Apr 28-May 1 if the semiweekly deposit rule applies. May 9- Deposit payroll tax for payments on May 2-4 if the semiweekly deposit rule applies. May 10- Employers: Employees are required to report to you tips of $20 …
