Small Business Taxes & ManagementTM has been providing tax and management guidance to small and medium sized businesses and their owners since 1980. This page is updated daily, Monday thru Friday. We invite your comments.

Copyright 1996-2018 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Please keep in mind that the tax law is constantly changing.--ISSN 1089-1536

Daily Update . . . . . . . . December 19, 2018

News and Tip of the Day

To Do List-----Federal Tax Calendar--December, 2018
To Do List-----All States Tax Calendar--December, 2018

Special Reports--

Taxpayers Have Extra Day to File Returns and Pay Taxes Due Wednesday December 5--12/04/18
IRS Announces Inflation Adjustments for 2019--11/16/18
IRS Releases Guidance on Disallowance of Entertainment Expenses--11/08/18
IRS Issues Regulations on Opportunity Zone Tax Incentives--10/19/18
IRS Help for Victims of Hurricane Michael--10/12/18
Drought-Stricken Farmers and Ranchers Have More Time to Replace Livestock--09/28/18
IRS Providing Relief for Hurricane Florence Victims--09/16/18
IRS Puts Halt to Circumvention of State and Local Tax Cap--08/24/18
How the IRS Contacts Taxpayers--07/24/18
Veterans Owed Refunds for Overpayments Related to Disability Severance Can Claim Refunds by Filing Amended Returns--07/12/18
Supreme Court Rules on Out-of-State Vendors for Sales Tax--06/21/18
Putting Your Younger Children on the Payroll--Summer job working for you?--05/31/18
Home Office Deduction--Part II--Updates and additions--05/11/18
Home Office Deduction--Part I--Updates and additions--05/10/18
IRS Reminding Taxpayers to Report Virtual Currency Transactions--03/26/18
Winter Storm Extension--Extra Time to Request Federal Extension--03/13/18
Taxpayers Must Validate Identity When Calling the IRS--02/15/18
Tax Cuts and Jobs Act--Part 5--02/12/18
Tax Cuts and Jobs Act--Part 4--02/07/18
Tax Cuts and Jobs Act--Part 3--01/12/18
Tax Cuts and Jobs Act--Part 2--01/09/18
Tax Cuts and Jobs Act--Part 1--01/05/18

Other Recent Additions/Updates--

Synopses of Tax Court Cases--Week Ended December 15, 2018--(Links to Prior Years)--12/15/18
Summary of 2018 Revenue Rulings, Procedures, Regulations, etc.--Bulletin 51 for 2018--Short List--(Links to Prior Years)--12/15/18
Auto and Vehicle Tables--Standard mileage rate for 2019--12/15/18
Interest Rates on Over- Underpayments--First Quarter 2019 - - -  IRS Interest Rate-Short List--12/06/18
Applicable Federal Rates (AFR)--December, 2018--11/16/18 - - - Blended Rate-2018 - - -  IRS Interest Rate-Short List
Individual and Corporate Tax Data--Updates--11/06/18
IRS Publications--Updates--10/18/18
Valuation Guide for Charitable Contributions--Updates--10/10/18

Reference Section--

Inflation Adjusted Tax Rates--Plus Personal Exemptions, Standard Deduction, Phaseout Amounts, etc.--
Checklists and Worksheets
State Sites--Links to tax, secretary of state, and CPA state society, business licenses and annual report requirements for all states.
Frequently Asked Questions
Special Reports--Articles of continuing interest.
Glossary--A collection of tax and business terms.     A-M    N-Z
Abbreviations--Some common abbreviations used in business and finance.
Business, Tax, Accounting Formulas--Formulas, ratios, math, etc.
Special Forms--Corporate, special tax, elections, business, etc. forms.
IRS Interest Rates, AFRs--AFR (applicable federal rate), interest rate on over- and underpayments.
Corporate and Individual Tax Rates--Rates, standard deduction, personal exemption, phaseout rules, etc. for 2014 and prior years.
Vehicle Tables--Standard mileage rates, luxury car depreciation limits, amounts for valuing employee use, inclusion amounts for leased vehicles.
Depreciation Tables--The most common depreciation tables and examples of how to use them.
IRS Publications--A searchable list of the most popular IRS publications.
IRS Forms--A searchable list of the most popular IRS forms.
Small Business Links--Essential links for business owners.
Valuation Guide for Charitable Contributions--The thrift shop value of selected items.
Private Delivery Services--Services that qualify for the 'timely mailed is timely filed' IRS rule.
High-Low Per Diem Amounts; SIFL Rates
Percentage Withholding Tables    2018

IRS Quick Links--

IRS Forms and Publications    Draft Tax Forms
IRS Tax Professionals Page    IRS Small Business/Self-Employed Page
IRS Releases on the Tax Cuts and Jobs Act of 2017
Priority Guidance Plan--Upcoming regulations, periodic revenue procedures, rulings, etc. with anticipated dates.
Tax Relief in Disaster Situations--Recent disasters, additional info from IRS     FEMA Disaster Declarations
Tax Exempt Organization Search--Check status of charitable organization.
List of expiring tax provisions
IRS Withholding Calculator
Where to File--Caution. There are different addresses for individual taxpayers, with and without payments, professionals, business, etc.
IRS Filing for Individuals--A number of pages for individual tax help including Free File.
Where's My Refund?--Enter your Social Security number, filing status, and refund amount to find the status of your IRS refund. Same for State Refunds.
IRS Help for Hurricane Michael Victims
IRS Help for Hurricane Florence Victims

Additional IRS Links--Other helpful pages at

Need help? Comments?--

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