With filing season drawing near for the 2016 calendar year, you should know that, to assist the IRS in detecting and preventing fraud, the Protecting Americans from Tax Hikes Act of 2015 has accelerated certain deadlines for filing information returns for hired workers.
On July 31, 2015, President Obama signed a new law that was primarily designed as a 3-month stopgap extension of the Highway Trust Fund and related measures, it includes a number of important tax provisions, including revised due dates for partnership and C corporation returns and revised extended due dates for some returns.
Congress has once again extended the "extenders," a varied assortment of more than 50 individual and business tax deductions, tax credits, and other tax-saving laws which have been on the books for years but which technically are temporary because they have a specific end date.
The responsible use of credit in our everyday lives (think about your mortgage or car payment here), has become an important part of modern American life. In a business context, credit is a major reason why so many innovative ideas have the opportunity to succeed in the first place.
Understanding your property tax can be somewhat daunting, especially in certain areas of the United States. The amount that you'll have to pay (for merely owning property, mind you) is going to vary from location to location, and in some cases, the price could seem quite immense.