Posts by zestsms
What Income is Taxable?
Are you wondering if there’s a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable…
Read MoreCover & Rossiter Selects Successor
We are pleased to announce that Marie Holliday has been named Cover & Rossiter’s next managing director. Please view the original press release below. For Immediate Release For only the fifth…
Read MoreFive Overlooked Tax Breaks for Individuals
Confused about which credits and deductions you can claim on your 2015 tax return? You’re not alone. Here are five tax breaks that you won’t want to overlook. State Sales…
Read MoreExemptions and Dependents: Top Ten Tax Facts
Most people can claim an exemption on their tax return. It can lower your taxable income, which in most cases, that reduces the amount of tax you owe for the…
Read MoreThe Individual Shared Responsibility Provision
The individual shared responsibility provision requires that you and each member of your family have qualifying health insurance, a health coverage exemption, or pay a shared responsibility penalty for any…
Read MoreTax Due Dates for March 2016
March 15 Corporations – File a 2015 calendar year income tax return (Form 1120) and pay any tax due. If you want an automatic 6-month extension of time to file…
Read MoreWho Should File a 2015 Tax Return?
Most people file a tax return because they have to. But even if you don’t, there are times when you should, because you might be eligible for a tax refund…
Read MoreReduce Your Taxes with the Child Care Tax Credit
If you paid someone to care for a person in your household last year while you worked or looked for work, then you may be able to take the Child…
Read MoreUpdated Withholding Tables for 2016
Updated income-tax withholding tables for 2016 have been released. The newly revised version contains percentage method income-tax withholding tables and related information that employers need to implement these changes. In…
Read MoreMissing Your Form W-2?
You should receive a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing your federal tax return. Employers must furnish this record of 2015…
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