Archive for the ‘Tax News’ Category

Tax Calendar – July

06.30.2010 · Posted in Tax News

July 15 – Payroll tax deposits due for monthly depositors July 20 – Texas Sales and Use Tax Return due for monthly and quarterly filers ...

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Congress Extends Tax Benefits for Business Property

05.26.2010 · Posted in Tax News

Congress recently extended the higher limits for deducting business equipment purchases. But there are still smaller limits if the equipment purchased includes passenger vehicles. ...

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New credit card protections go into effect

02.22.2010 · Posted in Tax News

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. ...

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Changes in IRS Inflation-Adjusted Tax Numbers for 2010

01.01.2010 · Posted in Tax News

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 ...

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