Newsletter Archives

Payroll Tax Cut Extended to the End of 2012

The IRS released revised Form 941 enabling employers to properly report the newly-extended payroll tax cut benefiting nearly 160 million workers. Under the Middle Class Tax Relief and Job Creation Act of 2012, workers will continue to receive …

More Time to Contribute to IRAs in 2012

You have two extra days this year to make contributions to your Individual Retirement Arrangements. That’s because April 15 falls on a weekend and Emancipation Day, a legal holiday in the District of Columbia, will …

FAQ: Refund Splits

Question: What is a split refund? Answer: A split refund lets you divide your refund, in any proportion you want, and direct deposit the funds in up to three different accounts with U.S. financial institutions.   Question: What …

Upcoming Tax Deadlines

April Mon 2 Electronically file Forms W-2, W-2G, 1098, 1099, and 8027. Wed 4 Deposit payroll tax for payments on Mar 28-30 if the semiweekly deposit rule applies. Fri 6 Deposit payroll tax for payments on Mar 31 - Apr 3 if the semiweekly deposit rule …