ThomsonReuters

JULY 13, 2021

Generally, the payer does not withhold taxes from these types of payments, as it is assumed that the payee will report and pay taxes on this income when the federal income tax return is filed. Form 1099-NEC took effect for the 2020 tax year. The draft forms include information related to the COVID-19 tax credits.

payroll 98

payroll income tax Vermont Iowa 98

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 19, 2024

Clothing priced less than $110 is exempt from state sales tax in New York but may be subject to local sales tax. Remit sales tax to the proper tax authority Once sales tax has been collected as required, it must be remitted on time with a sales tax return to the proper tax authority.

Tax 59

Tax Wyoming Alaska Louisiana 59

CPA Practice

OCTOBER 18, 2024

Venus Tuazon, CPA Director CliftonLarsonAllen Venus has more than 18 years of public accounting experience supporting the DC Metro Area’s nonprofit community, providing services to a variety of complex tax-exempt organizations, including independent schools, human services, foundations, associations, religious, and cultural sectors, and others.

CPA 110

CPA Non-Profits cpas Washington 110

ThomsonReuters

JUNE 28, 2021

The IRS has issued the much anticipated revised Form 941 , Employer’s Quarterly Federal Tax Return, and its instructions for used beginning with the second quarter of 2021. Alabama has announced tax filing and payment extensions to state taxpayers affected by Topical Storm Claudette. This includes withholding taxes.

payroll 52

payroll California income tax North Dakota 52

CPA Practice

AUGUST 14, 2024

The Inflation Reduction Act, signed into law in August 2022, extended and expanded tax credits that allow taxpayers to claim residential and energy-efficient home energy credits. Taxpayers have claimed $6.3 Oklahoma and West Virginia were the only states with rates below 2 percent.

West Virginia 72

West Virginia New Hampshire Vermont Oklahoma 72