Families First Coronavirus Relief Act
Congress just passed a bill mandating paid leave for employees affected by COVID-19. This affects most employers under 500 employees. The good news- you get it reimbursed through a payroll tax credit.
Income Taxes
Read our blog to stay up to date on everything regarding income taxes and income tax regulations.
WTF W-4!!!
As if your new year wasn’t busy enough, the IRS had the nerve to change the long-time withholding allowance form for payroll that you’ve dutifully filled out for the last 20 years. In 2020, it’s now called the Employee’s Withholding Certificate. What is this form even asking? Do I have to fill out a new …
Tax Rate Changes for 2020
IRS has released the 2020 rates and limitations. Let’s review the major ones.
It’s Almost Year-End. Time for a Checklist.
Now is the time to get ready for next year! Taxes, W-2’s, and budgeting planning now will make the transition to the new year a breeze!
State Agency Links
A list of the ‘Big Three’ State Agencies for all 50 states. Yes, that’s 150 links… enjoy!
Do I Have Nexus and Don’t Even Know It?
The U.S. has fifty states with its own laws regarding business and employment activities and taxation that any business, small or large, must abide by if they are “doing business” int hat state. It’s called Nexus and it’s complicated.
What You Need to Know About Texas Franchise Tax
Texas Franchise Tax applies to all business entities doing business in Texas. You still have to file, but no tax is due at under $1,130,000 in revenues. Learn how to file and calculate Texas Franchise Tax.
Estimated Taxes for Individuals
Hopefully, you have put your 2018 taxes to bed and are ready to focus on 2019. If you were hit with a payment surprise on this year’s individual tax return, you may have promised yourself to pay more attention to your estimated taxes this year.
