Tag Archives: Payroll tax

A Trip to the IRS Tax Forums, Page 2

Problem Resolution and Focus Groups Problem Resolution had a facility at the Tax Forum. One of my friends brought a case file with her (and power of attorney forms, etc.). When picking up her registration packet on Monday, she was given a form to fill out with the specifics of her case (and a copy […]

Ask TaxMama Issue 564 – Lucky 13

Dear Family, Welcome to Friday the 13th. The days dawns bright and sunny. The squirrels are still quietly asleep before their busy day of frolicking  on their trellis jungle jim and spitting out walnut seed pieces on my car. The birds are twittering quietly, still asleep. Soon, they’ll be up chattering passionately about their latest […]

Ask TaxMama Issue 562 – Tax Holidays and More

Dear Family, This has been an interesting week. I got to do some political lobbying and met a passionate woman. Rebecca Madigan gave up a perfectly good job to pursue the cause of small business-owners, affiliate marketers, generally, folks who work from home. Rebecca started the Peformance Marketing Association (PMA) to help set standards for […]

Ask TaxMama Issue 561 – Hot Dog!

Dear Family, Never make the mistake of answering the phone in the morning when you’re on deadline. Once you start, you just can’t stop. Usually, I have the phones turned off Friday morning, so I can produce a delightful, upbeat, interesting issue for you. Instead, let’s see…one women got a notice from IRS about a […]

Ask TaxMama Issue 560 – The Advocate Speaks

Dear Family, This morning I started reading the Taxpayers Advocate’s (TAS) report to Congress and completely lost track of time. Does that happen with you, too?  For me, reading is a fully absorbing activity. Books are especially dangerous. Once I sit down with a book, I’m lost. I’ll stay up all night to finish it. […]

Ask TaxMama Issue 558 Happy Summer

Dear Family, It’s my mother’s birthday today. Her age exceeds the number of years mentioned at the beginning of President Lincoln’s Gettysburg address (add 1 to Lincoln’s number). Happy Birthday mom! Except for being in constant pain, she is remarkably spry and independent. All those admonitions to do all things in moderation seem to have […]

Form to Claim Payroll Tax Exemption for Hiring New Workers Now Available

Courtesy of IRS WASHINGTON —The Internal Revenue Service has posted on its website the newly-revised payroll tax form that most eligible employers can use to claim the special payroll tax exemption that applies to many new workers hired during 2010.

COBRA Subsidy Eligibility Period Extended to May 31

WASHINGTON — Workers who lose their jobs during April and May may qualify for a 65-percent subsidy on their COBRA health insurance premiums, according to the Internal Revenue Service. The American Recovery and Reinvestment Act established this subsidy to help workers who lost their jobs as a result of the recession maintain their employer sponsored […]

HIRE Act: Questions and Answers for Employers

Courtsey  of IRS Under the Hiring Incentives to Restore Employment (HIRE) Act, enacted March 18, 2010, two new tax benefits are available to employers who hire certain previously unemployed workers (“qualified employees”).

Paying the Piper, or Five Simple Steps to Filling Out Your W-4

Changing Your Payroll Withholding Right about now, if you haven’t already done it, you should be thinking about updating your current year’s paycheck withholding. Once upon a time, a tax professional was asked by an Enrolled Agent to write an article about how to do the proper computations to determine what exemption and dependent amounts […]

5 California Tax News items from CalTax.com

A number of important things happened in California recently. In this flash e-mail from Spidell Publishing Inc, they have listed each item they think you will want to know about. Visit the Hot News and Notes section of www.caltax.com where you’ll find details on all of these items.

Hit the Road Jack

Today TaxMama hears from Summit in the TaxQuips Forum, who has some questions. “When doing work nationally what are the tax implications? We are a painting contractor based in, say, New York, travel to Mississippi and paint a building for 50k, then travel to Alabama and paint a building for 50k and so on… what […]