Helping artists, performers, and writers become profitably creativeAugust 2 – Employer’s Quarterly Federal Tax Return (Form 941) due for Q2 payroll August 2 – Texas Workforce Commission Employer’s Quarterly Report (From C3) due for Q2 payroll August 2 – Employer’s Federal Unemployment Tax Deposit due for Q2 payroll August 2 – Deadline for filing 2009 retirement or employee benefit returns (5500 series) ...
July 15 – Payroll tax deposits due for monthly depositors July 20 – Texas Sales and Use Tax Return due for monthly and quarterly filers ...
Congress recently extended the higher limits for deducting business equipment purchases. But there are still smaller limits if the equipment purchased includes passenger vehicles. ...
If an organization fails to file certain annual reports, it can lose its tax-exempt status. ...
Whew! April 15th has come and gone, but here's what due this month ...
The Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (CARD), designed to protect consumers from unfair credit practices, generally took effect on February 22, 2010. Here’s a summary of several key provisions. ...
The IRS is required to adjust many tax numbers for inflation each year. Because there was little inflation last year, there’s very little change in 2010 numbers. Here are the numbers you’ll need for your 2010 planning. The maximum earnings subject to social security tax remains at $106,800. The earnings limit for those under full ...
The federal tax provision for the motion picture and TV industry, called Section 181, is set to expire January 1, 2010. This incentive allows a production company to deduct up to $15 million in costs of any qualifying film or television production instead of having to capitalize and depreciate such costs over several years. This ...
In 2004, Congress gave filmmakers a wonderful gift in the form a tax break which allows the owners of a qualified film or television production to deduct production costs in the year the costs were incurred, rather than capitalizing and recovering such costs over time through depreciation. This is a substantial incentive for investors because ...
The application fee will increase for all applications to the IRS for tax-exempt status postmarked after January 3, 2010. Charitable, religious, educational, scientific, or literary organizations whose gross annual receipts are $10,000 or less will see their fees increase to $400. Larger organizations will pay $850. In Kafka-esque fashion, the fees will change a second time ...