The IRS has extended the deadline for the Heavy Highway Vehicle Use tax normally due on August 31st until November 30, 2011. Because this tax is set to expire on September 30,2011 this extension is designed to alleviate any confusion and possible multiple filings that could result if Congress reinstates or modifies the tax after [...]
There is now a refund program in place for the Jefferson County Occupational Tax paid from January 12, 2009 through August 13, 2009. The Settlement Administrator has set a deadline of July 13, 2011 for employers to complete an Employee Refund Data Form to determine how much is owed and to whom. The forms can [...]
Beginning on July 1st, the 0.2% federal unemployment tax (FUTA) surtax is no longer in effect. The FUTA rate, before consideration of state unemployment credits, is now 6.0%. This means that FUTA will need to be calculated separately for the first half of the year and calculated separately for the second half of the year. [...]
The IRS is actively reviewing worker classifications looking for cases where an employer has treated a worker as an independent contractor when they are, in fact, an employee. They have increased enforcement efforts using the 1099 Matching Program where they look at people who file only one 1099-MISC with their personal return or look at [...]
The 2011 Sales Tax Holiday is scheduled for August 5th-7th. Municipalities have until July 6th to notify the Alabama Department of Revenue regarding participation. Currently, the Cities of Tuscaloosa, Northport and Birmingham are participating as well as Tuscaloosa County. For a list of exempt items please visit www.revenue.alabama.gov/salestax/salestaxhol.htm and click on the quick reference sheet of exempt [...]
Quarterly Payroll Tax Returns, Federal Form 941 and State form A-1 have been extended until June 30, 2011 for counties declared Federal Disaster Areas after the April tornadoes. State Unemployment forms should be submitted as soon as possible. Our experts are ready to assist you with these forms and answer any questions you may have [...]