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W2 Statements Due to Employees and SSA by Jan. 31, 2023

CPA Practice

Filing these documents timely prevents late-filing penalties for employers, helps employees file their income tax returns and prevents tax fraud. Employers must also provide copies B, C and 2 of Form W-2 to their employees by January 31, 2023. and their payroll tax returns (Forms 941, 943, 944, etc.)

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IRS Provides Tax Relief to All of Florida After Hurricane Milton

CPA Practice

Because of hurricanes Debby, Helene, and, most recently, Milton, all taxpayers in Florida now have until May 2025 to file individual and business tax returns and make tax payments, the IRS announced on Friday. 10—individuals and businesses in 51 counties will receive disaster tax relief. 31, 2024, Jan. 31, 2024, Jan.

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IRS Extends Tax Deadlines for Hurricane Debby Victims in the Southeast

Withum

Affected individuals and businesses, therefore, will have until February 3, 2025, to file tax returns and to pay any taxes that were originally due during the postponement period. Quarterly estimated income tax payments normally due on September 16, 2024, and January 15, 2025.

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IRS Announces Tax Relief For Wildfire Victims in Parts of Washington

CPA Practice

4—Federal officials have announced tax relief for people and businesses in the Yakama Nation affected by summer wildfires that began June 22. 3, 2025, to file various federal individual and business tax returns and make tax payments, according to a news release from the IRS. (TNS) Oct. Taxpayers now have until Feb.

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Important Tasks For Your Skagit County Business’s Year-End Payroll

SkagitCountyTaxServices

owner=19530343 Making time to look at numbers before January 1 allows us to help you make last-minute adjustments so your tax return works in your favor. Another of those areas is payroll reconciliation. There are a number of items to pay special attention to this month to help you prepare to run year-end payroll.

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Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

As you wrapped up the 2023 books for your startup, you probably did some high-level financial review and analysis. For most companies, payroll makes up a huge category in the latter. It’s the R&D credit that the IRS will let you apply toward payroll taxes. As a quick reminder, this is the 6.2%

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Payroll errors and how to avoid them

ThomsonReuters

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

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