Tax Return Due Dates and Some History

Several federal bills enacted in 2015 included tax changes. One of these was P.L. 114-41(7/31/15), the Surface Transportation and Veterans Health Care Choice Improvement Act. Given the title, we might think that any tax change involved transportation, such as the gasoline excise tax. Wrong! This bill does not increase the gasoline excise tax. Its main…

December 2015 Business Due Dates

December 1 – Employers During December, ask employees whose withholding allowances will be different in 2016 to fill out a new Form W4 or Form W4(SP). December 15 – Social Security, Medicare and Withheld Income Tax If the monthly deposit rule applies, deposit the tax for payments in November. December 15 – Nonpayroll Withholding If…