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The IRS has reopened following the end of the government shutdown, and IRS employees are working hard to resume normal operations and help taxpayers as much as possible. As the IRS resumes operations, there are some important pieces of information for taxpayers and tax professionals to keep in mind in several areas: Audits. For taxpayers […]
The 2018 Form 1040 replaces prior year Forms 1040, 1040A and 1040EZ. The 2018 Form 1040 uses a building-block approach that allows individuals to file only the schedules they need with their federal tax return. Many people will only need to file Form 1040 and no schedules. Electronic filers may not notice these changes as […]
In WXC Corporation we are interested in keeping your information updated, for this reason we would like to invite you to fill out the following form. Once again, we would like to thank you in advance for your time in sending us this information. __ En WXC Corporation estamos interesados en mantener su información actualizada, […]
The Internal Revenue Service today reminds employers and other businesses of the Jan. 31 filing deadline that applies to filing wage statements and independent contractor forms with the government. The Protecting Americans from Tax Hikes (PATH) Act requires employers to file their copies of Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and […]
With the government shutdown over and the IRS back in business, it’s time to do your taxes. If you’re one of the millions of Americans who can’t wait to get your hands on your refund, we can tell you how soon you will probably get that refund. (See the chart below.) The tax reform law […]
The partial government shutdown ended on Friday, allowing the full IRS workforce to return to work on Monday, Jan. 28 — the start of tax filing season for individuals. The Further Additional Continuing Appropriations Act, 2019, H.J. Res. 28, passed by Congress and signed by President Donald Trump on Friday, funds the agency until Feb. […]
In addition to the state sales and use tax rate, individual Florida counties may impose a sales surtax called discretionary sales surtax or local option county sales tax. Sales tax dealers must collect both discretionary sales surtax and the state sales tax from the purchaser at the time of sale, and remit the taxes to […]
Effective January 1, 2019, the state sales tax rate imposed under section 212.031, Florida Statutes, on the total rent charged for renting, leasing, letting, or granting a license to use real property is decreased from 5.8% to 5.7%. Some examples of real property rentals subject to tax under section 212.031, Florida Statutes, include commercial office […]
83 percent of SMBs think now is a good time to invest in their businesses, with technology, talent, and growth overseas noted as areas of interest. That’s according to new data from Bill.com, a maker of digital business payment solutions. SMBs continue to embrace new technologies to drive growth, with 71 percent indicating that they will […]
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