You may not know about the Alternative Minimum Tax because you’ve never had to pay it before. But if you have had to pay it, you may have wondered what in the world it is for and how it is figured. The AMT is an income tax imposed at
Read more →Imagine after filing in your annual tax return, you receive a notice from the Internal Revenue Service saying that another return has already been filed using your name and Social Security number — and claiming a refund. Sound impossible? It can happen if you become one of
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If you owe federal tax, the IRS offers many ways to pay. Make sure you pay by the April 18 deadline, even if you get an extension of time to file your 2015 tax return. Here are some of the ways to pay your tax: Use Direct
Read more →REMINDER: If you pay quarterly tax payments, your final tax payment for 2015 is due on January 15th. Questions? Give our office a call at 817-545-1277. We can help! IRS.gov/quarterly_tax_payments
Read more →For Employers that process their payroll: Verify and update your State Unemployment Insurance rate prior to running first Payroll in the new 2016 year Before processing W-2’s, verify 2015 employees’ data, update phone, address, email etc. Review and update employees W-4 / federal withholding status if necessary
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