Newsletter Archives

2014 Pension Plan Limitations

The Internal Revenue Service has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2014. ┬áSome pension limitations such as those governing 401(k) plans and IRAs will remain …

2014 Standard Mileage Rates

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

56 cents per mile for business miles driven
23.5 cents per mile driven for …

IRS Warns of Pervasive Telephone Scam

The Internal Revenue Service is warning consumers about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country.

Victims are told they owe money to the IRS and it must be paid promptly through …

Upcoming Tax Deadlines

January

Thu
2
Deposit payroll tax for payments on Dec 25-27 if the semiweekly deposit rule applies.

Mon
6
Deposit payroll tax for payments on Dec 28-31 if the semiweekly deposit rule applies.

Wed
8
Deposit payroll tax for payments on Jan 1-3 if …