September 1 – 2014 Fall and 2015 Tax Planning Contact this office to schedule a consultation appointment. September 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during August, you are required to report them to your employer on IRS Form 4070 […]
September 15 – Corporations File a 2013 calendar year income tax return (Form 1120 or 1120-A) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. September 15- S Corporations File a 2013 calendar year income tax return (Form 1120S) and pay any tax due. […]
As an American citizen or Green Card holder you are subject to U.S. taxation of worldwide income, no matter where you go. However, tax can generally be reduced or eliminated by: ● the foreign earned income exclusion, ● the housing exclusion, and ● the foreign tax credit. The foreign earned income exclusion may be available if: ● […]
You must make estimated tax payments for the current tax year if both of the following apply: You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits. You expect your withholding and credits to be less than the smaller of: 90% of the tax to be shown […]
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.