by mariettacp | Apr 15, 2011 | Money Tips, Tax Planning, Tax Tips
Many tax breaks for individuals that expired at the end of 2009 will be retroactively reinstated and extended through 2011, including: the $250 above-the-line deduction for certain expenses of elementary and secondary school teachers; the election to take an itemized...
by mariettacp | Apr 13, 2011 | Money Tips, Tax Planning, Tax Tips
The Tax Relief Act created a payroll cut for 2011. Under current law employees pay a 6.2% Social Security tax on all wages earned up to $106,800 (in 2011) and self-employed individuals pay a 12.4% Social Security self-employment taxes of on all their self-employment...
by mariettacp | Apr 11, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
Indiana’s employee withholding tax form, with instructions in Spanish, is now available on our website for printing. If you have any questions on how to complete the form, please contact our office.
by mariettacp | Apr 8, 2011 | Money Tips, Tax Planning, Tax Tips
The Tax Relief Act of 2010 extended many individual and business tax breaks through 2011. The list of energy related provisions that will be extended through 2011 include: the $1.00 per gallon production tax credit for biodiesel, as well as the small agri-biodiesel...
by mariettacp | Apr 4, 2011 | Money Tips, Tax Planning, Tax Preparation
Federal tax form W-4, the Employee’s Withholding Allowance Certificate, is just one of the many tax forms available on our website for printing. If you have any questions on completing the form, please contact us.
by mariettacp | Apr 1, 2011 | Money Tips, Tax Planning, Tax Tips
Another change to the tax code enacted by the 2010 Tax Relief Act provides exemption portability. Under the new rules, any exemption that remains unused by a spouse who dies after Dec. 31, 2010 and before Jan. 1, 2013 is available for use by the surviving spouse in...