Employers – Social Security, Medicare, and withheld income tax. File form 941 for the first quarter of 2016. Deposit any undeposited tax. (If your tax liability is less than $2,500, you can pay it in full with a timely filed return.) If you deposited the Continue reading May 2016 Tax Calendar→
It’s important to use the right filing status when you file your tax return because the filing status you choose can affect the amount of tax you owe for the year. It may even determine if you must file a tax return. Keep in mind Continue reading Tax Filing Status and Exemptions→
The individual shared responsibility provision requires that you and each member of your family have qualifying health insurance, a health coverage exemption, or make a payment for any months without coverage or Continue reading Obamacare Shared Responsibility→
Compiled annually by the IRS, the “Dirty Dozen” is a list of common tax scams for 2016 that taxpayers may encounter in the coming months. While many of these scams peak during the tax filing season, they may be Continue reading Tax Scams for 2016→
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