Tuesday, April 18, 2017, was the tax deadline for most taxpayers to file their tax returns. If you haven’t filed a 2016 tax return yet, don’t delay. There’s still time–and it’s not as Continue reading What to do if you haven’t filed
Employers – Social Security, Medicare, and withheld income tax. File form 941 for the first quarter of 2017. 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 2017 TAX CALENDAR
If you’re a small business owner with fewer than 25 full-time equivalent employees you may be eligible for the small business health care credit.
What is the Small Business Health Care Credit?
The Affordable Care Act contains two provisions that may affect your tax return this year: the individual shared responsibility provision and the premium tax credit. Here’s what you Continue reading ACA Tax Facts for All Taxpayers
If you’ve been procrastinating when it comes to preparing and filing your tax return this year you might be considering filing an extension. While obtaining a 6-month extension to Continue reading Is Extending a Tax Return Smart?
Are you one of the millions of Americans who hasn’t filed (or even started) your taxes yet? With the April 18 tax filing deadline quickly approaching, here is some last minute tax Continue reading Last Minute Filing Tips for 2016
Employees who work for tips – If you received $20 or more in tips during March, report them to your employer. You can Continue reading APRIL 2017 TAX CALENDAR
Are you wondering if there’s a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable unless the law Continue reading What Income is Taxable?
At some point, most small businesses owners will visit a bank or other lending institution to borrow money. Understanding what your bank wants, and how to properly approach them, can Continue reading Securing Financing Via a Loan
Confused about which credits and deductions you can claim on your 2016 tax return? You’re not alone. Here are six tax breaks that you won’t want to Continue reading Six Tax Breaks for Individuals