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 . . . . . . . . February 23, 2018

News and Tip of the Day
Note. The IRS has significantly changed its website. We have updated a number of our links and are working on the remainder.

2018 Individual Tax Return Checklist for 2017 Returns
S Corporation Tax Return Checklist for 2017 Returns

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

Special Reports--

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
Prepaid Real Property Taxes May Be Deductible in 2017 if Assessed and Paid in 2017--12/27/17
IRS Extends Due Date for Employers and Providers to Issue Health Coverage Forms to Individuals in 2018--12/22/17
Year-End Planning--Part 3--Individuals--12/12/17
Identity Theft and Tax Returns--New Procedures in 2018--12/05/17
Year-End Planning--Part 2--Businesses--12/01/17
Year-End Planning--Part 1--2017 Basics--10/26/17
Tax Relief for California Wildfire Victims--10/16/17

Other Recent Additions/Updates--

S Corporation Tax Return Checklist for 2017 Returns--Updates and additions--02/19/18
Applicable Federal Rates (AFR)--March, 2018--02/17/18 - - - Blended Rate-2017 - - -  IRS Interest Rate-Short List
Summary of 2018 Revenue Rulings, Procedures, Regulations, etc.--Bulletin 8 for 2018--Short List--(Links to Prior Years)--02/17/18
Synopses of Tax Court Cases--Week Ended February 17, 2018--(Links to Prior Years)--02/17/18
2018 Individual Tax Return Checklist--Update and additions--02/15/18
State Sites--Links updated--02/13/18
Percentage Withholding Tables for 2018--Table added--02/05/18
Auto and Vehicle Tables--Standard mileage rates 2018--12/14/17
Year-End Checklist--Businesses and Individuals--Updates and Additions--12/12/17
Interest Rates on Over- Underpayments--First Quarter 2018 - - -  IRS Interest Rate-Short List--12/05/17
Auto and Vehicle Tables--Lease inclusion amounts-vehicles first leased in 2017--11/29/17
IRS Forms--Additions-Link Corrrected--11/20/17
IRS Forms--Updates and Additions--10/18/17
Inflation Adjusted Amounts--Social Security data for 2018--10/16/17

Reference Section--

Individual 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
IRS Tax Professionals Page    IRS Small Business/Self-Employed Page
Tax Relief in Disaster Situations--Recent disasters, additional info from IRS     FEMA Disaster Declarations
Exempt Organizations--Check status of charitable organization.
List of expiring tax provisions
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 Irma and Maria Victims
IRS Help for Hurricane Harvey Victims

Additional IRS Links--Other helpful pages at IRS.gov.

Need help? Comments?--

Do you have a comment, specific question or want to know more about a topic? E-mail us at question@smbiz.com No guarantees, but we'll try to answer them by e-mail, or, if the question is general in nature, we'll discuss the topic in a future issue. PLEASE INCLUDE A BRIEF DESCRIPTION IN THE SUBJECT AREA.

Privacy Policy--

Small Business Taxes & Management does not collect personal data in any way nor do we monitor individual traffic patterns on our site. All e-mails are confidential.
We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.