Definitions and IRS rules for contributions follow......
Inflation Rate History based on the Annual Consumer Price Index (CPI)
Here are the filing addresses to be used by Florida Residents for submission of Federal Tax Returns (Due Date 4/15/2021) (Note that we will provide addresses for all clients in other States along with pre-addressed envelopes):
The following Standard Deduction amounts apply to 2018, 2019 & 2020 Returns.
List of changes for 2020
Available January 2021 from IRS, Identity Protection PIN Opt-In Program
Phone Scams Continue to be Serious Threat, Remain on IRS 'Dirty Dozen' List of Tax Scams for the 2018 Filing Season
Info on how to prevent identity theft OR what to do in the case it has happened to you. This information is related to Tax Return identity theft.
The following numbers relate to 2017 - 2021 with regard to various Social Security taxes. Also Social Security benefit and Medicare benefit outline.
Key Federal Individual filing dates are listed here---2020 Tax Return Filing Season: NOTE: Business:--FL Sales Tax - Monthly remitters must pay by 20th of month following collection period. --Payroll Taxes are due on the 15th of the month following if tax
Required Annual Payment AND Underpayment Penalty for 2020
How long should you keep tax records? If your attic is getting filled up with old records, perhaps this will help.
Attention Rental Property Owners: 1099s are required for annual payments of $600 or more to individuals or partnerships.
Here are IRS Tax Tips for 2020 Charitable Giving
The following are various retirement plan contribution limits for 2019 & 2020:
Below are listed several of the Itemized Deductions percentage limitations for use on the 2020 Form 1040 Federal Tax Return:
Change of Address:
Available 2016 Individual Tax Return statistics (Source: taxfoundation.org). Find out where you are in regard to average income--------------
List of telephone numbers for your convenience:
2019 Payment Options
Important information regarding Estate and Gift Tax.
You wouldn't want to be in collections but in case you want to know--read the following info: