AUGUST 2010 August 2 Employers. For Social Security, Medicare, and withheld income tax, file Form 941 for the second quarter of 2010. Deposit any undeposited tax. (If your tax liability is less [...]
Residents of high tax states and cities know that taxes don’t begin and end with the IRS. You might be in a 25% or 28% federal income tax bracket, yet each dollar you earn could be taxed at 30 to [...]
As of this writing, Congress appears to be focusing on issues other than income tax. If Congress doesn’t make any changes this year, tax rates will rise across the board. In another possible [...]
