by Fishman, Block + Diamond, LLP | Dec 15, 2010 | Client Memo, Tax
On September 30, 2008, Governor Schwarzenegger signed into law a requirement for certain individuals to remit all California state income tax payments electronically once they: Make an estimated income tax or extension payment over $20,000 for the taxable year...
by Christian Molina | Dec 12, 2010 | Client Memo
On December 17, 2010, President Obama signed into law the bipartisan tax bill to extend various Bush-era tax cuts and create tax breaks for all. Below is a summary of some of the important provisions: Temporary extension of current tax rates through 2012 Tax Rates...
by Fishman, Block + Diamond, LLP | Dec 10, 2010 | Client Memo, Tax
Effective January 1, 2011, new payroll rates go into effect, changing deductions on all payroll checks. The social security & self-employment tax wage base will not change for 2011. The employee share of the social security tax & the self-employment tax...