There were a number of important tax developments in the fourth quarter of 2011. Be sure to consult your trusted tax advisors if any of these apply to you.
Posts Tagged: income tax
Whether you are an employer of thousands or an employer of one, you could be sitting on a tax powder keg. Here is some helpful guidance.
Last week, on a 61-38 vote, lawmakers pass the bill, which would create a $30-billion small-business lending fund and give $12 billion in tax breaks to encourage companies to invest and hire. This wee, the bill passed the House 237-187. President Obama is expected to sign shortly.
Congress and the White House are busy jockeying for position on whether — and for how long — to extend the Bush income tax cuts that expire at the end of this year. It’s time for you to get busy, too. With just a little more than three months left in 2010, you’ve got to make sure your own tax situation is in order.
The Internal Revenue Service has launched a new online video series, Your Guide to an IRS Audit, to help small business taxpayers and their tax preparers better understand the IRS audit process.
The federal estate tax is probably with us for the long term, but Congress is keeping us in the dark as to what the rules are going to be. Proper planning is absolutely critical in this time of uncertainty.
Timely information for parents of special needs children