Give Withholding and Payments a Check-up to Avoid a Tax Surprise - from IRS Tax Tips August 28, 2013 Some people are surprised to learn they’re due a large federal income tax refund when they file their taxes. Others are surprised that they owe more taxes than they expected. When this happens, it’s a good idea to check your federal tax withholding or payments. Doing so now can help avoid a tax surprise when you file your 2013 tax return next year. Here are some tips to help y
(Health Reform: A Guide for Employers - by The Word & Brown Companies) UPDATE: PPACA Individual Mandate Upheld by Supreme Court
On June 28, 2012, the U.S. Supreme Court issued a 5-4 decision ruling that the mandate for every American to have health insurance was constitutional. This means that beginning in 2014, everyone will be required to have health insurance, either through a government-sponsored plan, their employer or by purchasing it individually. Those who choose
IT IS MY JOB TO ENSURE THAT I KEEP UP WITH THE LATEST IN TAX ISSUES. BUT IT IS ALSO IMPORTANT THAT WE UNDERSTAND THE POLITICS BEHIND THESE TAX POLICY AND THOSE THAT SET THE RULE. SOMETIMES, THOSE RULES ARE SET VERY HIGH, THAT THOSE THAT SET IT HEIGHT CAN’T EVEN MEET IT. SO PLEASE TAKE THE TIME TO VOTE AND KNOW WHAT YOU VOTE FOR. SOMETHING TO THINK ABOUT, THIS STATEMENT BY CHIEF TWO EAGLES: “Where white man went wrong” Indian Chief , “Two eagles” was asked by a white U.S. g
DUE DATES (important reminders) CALIFORNIA’S: Gov. Jerry Brown, after 5 years of crippling deficits announced that the state is in the black. Now it is time to increase our spending, at least slowly for now! The Bush Tax Cuts are over, for the most part. However, the Majority in Congress delayed closing some of the Bush Tax cuts again, resulting in the Fiscal Cliff. The results were not what the President wanted, so a compromise was sent. Employee’s will see an increase
WINTER 2013 VOLUME XXXI, NO 1 1099 filers: I must have all information no later than January 15th, 2013 for a Timely filed form.
Mailed returns cannot be guarantee a return if not received by March 15, 2013.
EFILED: Is delayed until January 30th, 2013 (2012 taxes) due to the Fiscal Cliff. Welcome to a New Year, and the continued Administration, President Obama! For months, Politicians negotiated to find a compromise to prevent the country from going over the so called FI
In a stunning blow to the Internal Revenue Service’s efforts to regulate the tax preparation profession, a federal judge struck down the IRS’s licensing requirements for tax preparers on Friday, including testing and continuing education. Three independent tax preparers—Sabina Loving of Chicago, John Gambino of Hoboken, N.J., and Elmer Kilian of Eagle, Wisc.—joined forces with the Institute for Justice, a libertarian public interest law firm, in filing suit against the IRS
LATEST NEWS RELEASE FROM IRS 01152013 IMPORTANT DATES: DEADLINES: IN ORDER FOR THJ TAX TO COMPLETE YOUR TAXES ON TIME, PLEASE NOTE THAT WE MUST HAVE YOUR INFORMATION SENT TO US IN ORDER TO MEET THE DEADLINE (WE USE FIFO-FIRST IN, FIRST OUT METHOD) SO PLEASE BE SURE TO GATHER YOUR INFORMATION. BUT, IF YOU ARE UNABLE TO MEET THIS DEADLINE. JUST CALL US FOR AN EXTENSION. MARCH 15, 2013: MAIL TAX RETURN INFORMATION TO THJ TAX FOR INSURED TIMELY FILED RETURN.. JAN 15, 2013: 1099
Before you file your 2011 federal income tax return in 2012, you should be aware of a few important tax changes that took effect in 2011. Check www.IRS.gov before you file for updates on any new legislation that may affect your tax return. Due date of return
File your federal tax return by April 17, 2012. That due date is April 17, instead of April 15, because April 15 is a Sunday and April 16 is the Emancipation Day holiday in the District of Columbia. New forms
In most c
WINTER 2012 VOLUME XXXI, NO 1 THJ TAX TIPS WILL NO LONGER BE MAILED, BUT WILL BE AVAILABLE ON THJTAX.COM AND VIA AN EMAIL LIST THAT IS BEING COMPLETED. VISIT WWW.THJTAX.COM FOR THE LATEST TAX ISSUES. Welcome to a New Year, A continued RECESSION, and the question, When will things get better? The Euro problems gaining is Europe is getting worst! Somehow it is very similar to the 1932 2nd Recession “Punch” that started us on the road to WW II. Our economy has suffered from
Important Dates: Deadlines: In order for THJ TAX to complete your taxes on time, please note that we must have your information sent to us in order to meet the deadline (we use FIFO first in-first out method) so please be sure to gather your information. But, if you are unable to meet this deadline, Call us for an extension. #1099 #2012 #ccorporation #deadline #duedates #important #incometax #partnerships #remindersw #scorporation #tax #taxreturn #THJTAX #thomas #w2