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 1996-2021 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 8, 2021

News and Tip of the Day

To Do List-----Federal Tax Calendar--December, 2021
To Do List-----All States Tax Calendar--December, 2021

Special Reports--

Year-End Planning--Part II--12/05/21
Build Back Better Act--12/01/21
Year-End Planning--Part I--11/03/21
Draft Form 1040 and Schedules 1, 2, 3 for 2021--10/28/21
Overdoing Depreciation Deductions--10/25/21
IRS Announces Tax Relief for Ida Victims in New York and New Jersey--09/08/21
IRS Announces Relief for Hurricane Ida Victims in Louisiana--08/31/21
Recordkeeping for Special Tax Items--Three years may be way too short for some items--07/16/21

Other Recent Additions/Updates--

Synopses of Tax Court Cases--Week Ended December 4, 2021--(Links to Prior Years)--12/04/21
Summary of 2021 Revenue Rulings, Procedures, Regulations, etc.--Bulletin 49 for 2021-Short List--(Links to Prior Years)--12/04/21
Interest Rates on Over- Underpayments--First Quarter 2022 - - -  IRS Interest Rate-Short List--11/23/21
IRS Publications--Additions--11/17/21
Applicable Federal Rates (AFR)--December, 2021--11/15/21- - - - Blended Rate-2021 - - -  IRS Interest Rate-Short List
Individual and Corporate Tax Data--IRA and pension plan limits for 2022--11/05/21
Standard Industry Fare Level (SIFL) for July 1 through December 31, 2021--10/19/21
Vehicle Tables--Lease inclusion amounts for 2021--09/23/21
High-Low Per Diem Rate Oct. 2021 through Sept. 2022--09/03/21

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.
Vehicle Tables--Standard mileage rates, luxury car depreciation limits, amounts for valuing employee use, inclusion amounts for leased vehicles.
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.
High-Low Per Diem Amounts; SIFL Rates
IRS Quick Links--

IRS Forms and Publications    Draft Tax Forms
Post-Release Changes to IRS Forms, Instructions, and Publications
IRS Tax Professionals Page    IRS Small Business/Self-Employed Page
Priority Guidance Plan--Upcoming regulations, periodic revenue procedures, rulings, etc. with anticipated dates.
Modernized eFile (MeF) Operational Status--IRS computer system availability.
Tax Relief in Disaster Situations--Recent disasters, additional info from IRS     FEMA Disaster Declarations    Disaster Assistance from the Government
IRS Easing of Payment Guidelines and Postponement of Compliance Actions
Tax Exempt Organization Search--Check status of charitable organization.
List of expiring tax provisions
IRS Withholding Calculator    Tax Withholding Estimator FAQs
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. For a IRSGo Mobile App. For State Refunds.
IRS Tax Tips

Need help? Comments?--

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