2020 Form W-4 To Be Released In Late Fall 2019
Major revisions to the withholding tables were made in January 2018 as a result of the 2017 Tax Cuts and Jobs Act. A new version of Form W-4 is expected to be released in November.
NCDOR Publishes Notice Related to Filing of Forms NC-3 & 1099-MISC
Recently, the Secretary of Revenue announced an automatic waiver of penalties associated with the failure to file Form NC-3 and the required W-2 and 1099 statements electronically for tax year 2019.
Why the Company Auto Is Still a Valued Fringe Benefit – Part II
The company auto is still a valued fringe benefit. Part II of this article focuses on the rules for personal use valuation, recordkeeping requirements, and business auto deductions for the employer.
Why the Company Auto Is Still a Valued Fringe Benefit – Part I
For years, many small to medium-sized companies have considered company-owned autos to be a “popular perk” or fringe benefit. Having a company-owned auto yields many non-tax as well as tax benefits for the company and the employee.
The Importance of Reading Your Organization’s 990
Annually, nonprofits must file the appropriate type of Form 990 tax return. What would a potential donor think if they read the organization’s tax return online through sites such as www.guidestar.org?
Tax Reform Reminders for Businesses in 2019
Corporations, S Corporations, partnerships (including limited liability companies) and sole proprietorships all have some impactful implications from the Tax Cuts and Jobs Acts (TCJA).
Software – To List or Not to List?
To list or not to list? Seems like a simple enough question. Should software be included in your annual business personal property tax listing? Read this article to find out.
Required Documents for Nonprofit Organizations
The internal Revenue Service (IRS) requires 501(c)3 nonprofit organizations to have certain documents available to the public, and these documents must be provided upon request.
Tax Reform Reminders for Individuals in 2019
In December 2017, major tax reform that affects both individuals and businesses was enacted. It is commonly referred to as the Tax Cuts and Jobs Act of 2017, or TCJA for short.