Federal 941 Payroll Tax Lookback Procedures
Do you pay Federal 941 payroll taxes on a monthly deposit schedule? If so, it may wise to perform an annual checkup to find out…
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Nov 29, 2022
News
Tag: tax
Nov 15, 2022
Alabama Retirees to See Tax Cut in 2023
Written by Drew Nicol, CPA Earlier this year, Governor Kay Ivey signed HB162 into law which exempts the first $6,000 of retirement income received by…
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Nov 15, 2022
Your Alabama Tax License Renewal is Due December 31, 2022
Beginning November 1, 2020, taxpayers are required to renew their State of Alabama Tax License annually. 2022 License Renewal Due Date: 12/31/2022 The My Alabama…
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Nov 02, 2022
Preparing for W-2 and 1099 Season
The holidays are around the corner, and before we know it, January 2023 will be here! Let’s take a look at what we can do…
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Oct 19, 2022
ERC Sharks Continue to Strike
By Cooper Melvin, J.D., CPA In a news release today, the IRS warned employers to be wary of third parties who are advising them to…
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Oct 19, 2022
Business Personal Property Tax Filings are Due December 31
It’s that time of year again and Business Personal Property Tax Returns are quickly approaching! What is the Business Personal Property Tax (Ad Valorem)? The…
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Oct 05, 2022
Changes to Form 1099-K Reporting for 2022
Written by Cooper Melvin, J.D., CPA Form 1099-K was first introduced in the 2011 calendar year. The 2011 form, titled Merchant Card and Third-Party Payments,…
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Oct 05, 2022
Your Alabama Unclaimed Property Report is Due November 1, 2022
If your company or organization holds unclaimed property with situs in Alabama, you must file an annual report with the State of Alabama Treasurer’s Office. This…
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Sep 21, 2022
IRS Offers Late Portability Election Relief to Estates
By Dalton Bradshaw, CPA On July 8, 2022, in a taxpayer-friendly move, the IRS announced relief for estates making a late portability election for a…
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Sep 21, 2022
As IRS Woes Continue, What Can You Do?
If you’ve been listening to the news over the past couple of years, you’re aware that the IRS is facing serious challenges. And, while the…
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