Employee contributions to SIMPLEs: $16,500 (up from $16,000) Catch-up contributions to SIMPLEs: $3,500 (unchanged) Catch-up contributions to SIMPLE plans for those age 60, 61, 62 or 63: $5,250 […] ByLinkenheimer LLP|February 6th, 2025|2025,business,New Tax Laws,News|0 Comments ...
Use theFile formatsFast tab to define the setting for electronic payments. Select theSetupbutton. On theExporttab, in theAVAILABLElist, selectNACHA (US)and use the arrow to move it to theSELECTEDgroup. On theImporttab, selectJBA(JP)- Format Aand move it to theSELECTEDgroup. ...
Next, keep track of any tax forms you received for working your side gig, such asForm 1099-K,Form 1099-MISC, Form 1099-NEC, or any other income statement. If you earned at least $600 as an independent contractor, you should receive a 1099-NEC form from the business that paid you. H...
You can now add an employee and associate them with the expenses that you create. This lets you track your expenses better. 13 December 2018 Enhanced Trial Balance Report. We've added the option to show accounts with their balance as zero, as well as the opening and closing balances of yo...
Bug fix On the Accounts form, postal address updates from the Summary tab don't synchronize, which causes a data mismatch between Microsoft Dataverse and finance and operations apps. General availability Bug fix When an electronic address is changed from nonprimary to primary, the u...
TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yoursel...
NY Tax Forms Current Tax Year Status IT-2104 - New York Employee's Withholding Allowance Certificate FileIT IT-2105 - New York Estimated Tax Payment Voucher for Individuals FileIT IT 201-X - New York State Tax Amendment FileIT IT-112-C - New York State Resident Credit for Taxes Paid to...
Although much attention has been given to the gift and estate tax provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001, important changes may have gone unnoticed. One such change is prompting many...
If you decided to amend your tax return with a Form 1040X, remember that this 1040 form can only be filed after your initial tax return has been processed. If you need to fix your returns for multiple years, you will need to file a separate Form 1040X for each year that you are cor...
PARIS (AP) — The French government will implement an "ecotax" on plane tickets for flights departing from France from next year.