Tuesday, January 15, 2013

Changes in tax laws...

List of IRS forms that 1040 filers can begin filing in late February or into March 2013

I've been asked about these changes quite a bit lately. If you look at this list, these changes are effecting your year-end tax accountant, not bookkeeping.

The change that effected bookkeeping and payroll was the Social Security rate for employees returned to 6.2%. And our payroll software updated that correctly for January.

This time of year is always my busiest, as I process 4th. Qtr. taxes, W-2's and 1099's.

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