The IRS is changing the withholding calculations and they no long involve “allowances”. An Excel spreadsheet / macro calculator is provided by IRS for withholding starting January 2020. Links and part of the IRS email blast from IRS Newswire
Category: General Business
US Year 2019 Tax Sample
Some taxes, such as Sales Tax and State Unemployment Tax were not included. They might be added later. If you were to live in Texas, there would not be a State Income tax; if you lived in Alaska the State would pay you instead of you paying State Income Tax; if you were living in…
Year 2018 Tax Returns Statistics Now Available for public review
Tax Year 2018 tax statistics data is now available from IRS. The data represent approximately 95 percent of all individual income tax returns that the IRS will process in Calendar Year 2019 and the first tax data filed under the Tax Cuts and Jobs Act.
Trade News Moves the Market
Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. While the U.S. prepares its next moves, China also is preparing its response to any new U.S. tariffs, which could include manipulating its currency.
Indiana unmanned aerial systems implementation (UAS) program starting July 9
The Indiana Department of Transportation (INDOT) will soon advertise a Request for Proposal (RFP) item seeking a qualified firm to develop and implement an unmanned aerial systems implementation (UAS) program. At this time, this RFP item is scheduled for advertisement on the July 9, 2019 INDOT RFP.