Tax Calendar in St Petersburg Florida

Tax Calendar

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July 17 — If the monthly deposit rule applies, employers must deposit the tax for payments in June for Social Security, Medicare, withheld income tax and nonpayroll withholding. July 31 — If you have employees, a federal unemployment tax (FUTA) deposit is due if the FUTA...
Tax Saving Ideas from Tampa CPA Firm MBA

Are You Meeting the ACA’s Additional Medicare Tax Withholding Requirements?

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Under the Affordable Care Act (ACA), beginning in 2013, taxpayers with FICA wages over $200,000 per year ($250,000 for joint filers and $125,000 for married filing separately) had to pay an additional 0.9% Medicare tax on the excess earnings. Unlike regular Medicare taxes, the...