May 1: Happy
May Day!
This international holiday celebrating workers is a perfect time for employers of household help to review their tax responsibilities. You don't want to end up with facing
nanny tax trouble!
May 5: ¡
Feliz Cinco de Mayo!
Before you raise a margarita, check out these five smart, and easy, post-filing tax moves:
1)
Adjust your withholding.
2)
Contribute to your IRA.
3) Finish spring cleaning and
give items you no longer need to charity.
4)
Rebalance your portfolio.
5)
Set up your tax record keeping system.
May 10: Does your job include
tips? If so and you received $20 in tips in April, use
Form 4070 to report them today to your employer.
May 12: Happy Mother's Day!
Make sure today is a special one for your
mom. And if you're a mother, or about to be, be sure to check out the
tax joys of parenthood.
May 16: With the arrival of warmer spring weather come home improvement projects, such as the planting of May flowers and
bird-friendly plants.
Such home work will help
increase your basis in the property and that could help reduce any potential
home sale tax bill.
May 22: Improving your home's energy efficiency also could get you up to $500 in dollar-for-dollar tax credit savings. Tax credits for a variety of relatively easy improvements were extended through 2013. More extensive (and expensive) upgrades employing
solar, wind energy and geothermal systems could provide even more tax savings.
May 27: If you're hitting the road on the Memorial Day holiday to kick off summer, be on the lookout for bargain gasoline. State, local and federal
fuel excise taxes can really ramp up pump prices.
Regardless of how you travel, if part of your trip is business related, Uncle Sam might be willing to
pick up some of those costs when you file your tax return.
May 31: Was this the last filing season you want to go it alone at tax time? Then start searching for a tax professional now. You have more time to thoroughly investigate and
pick the perfect tax pro.
If you filed for an extension, he or she could help you finish up this 2012 tax year task. And hiring a tax pro now will definitely help you get a head start on your 2013 return.
Small Business Tax Calendar: Important
filing, deposit and record keeping dates throughout the year that your company needs to know.
Question: The "NY" Giants play in NJ, they practice in NJ, their corporate headquarters are in NJ but they claim to be a NY team.
Does NY get anything (like tax revenue) from the "NY Giants"?
Posted by: eric | Monday, February 06, 2012 at 09:00 AM